Dubai Racing Club launches NFT artwork collection
DUBAI: Dubai Racing Club (DRC) has announced that it will launch a one-of-a-kind NFT artwork collection in the horse racing industry that offers online and real-life benefits for owners, Emirates News Agency reported.Sheikh Rashid continued: “The Non-Fungible Tokens (NFTs) that we are issuing can be utilized both in the real world and online.
The Dubai Sprinters collection will include exciting deals and benefits related to the real world in addition to a metaverse project that the Dubai World Cup organizers plan to debut soon. The new NFT project is in line with the Dubai government's initiatives to support the development of digital assets that can enhance various sectors in the UAE. Dubai unveiled a new strategy earlier this week with the goal of tripling the number of blockchain and metaverse businesses operating in the city.
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