Solana

United

Notable

Dubai

Oasis

In the bullish season of 2021, many blockchain network projects became the rising stars of that period. Despite experiencing significant value losses due to regulatory measures, these projects continue to take serious steps forward, even though they may not show any tangible assets on paper. Accordingly, the Solana Foundation has announced that it is partnering with the Dubai Multi Commodities Centre (DMCC), one of the free economic zones in the United Arab Emirates.
<h2 class="p1" style="text-align: justify" id="solana-and-dmcc-collaboration">Solana and DMCC Collaboration</h2>
According to an announcement made by the Solana team on October 15, the Solana blockchain platform will provide technical and business development support to DMCC <a href="https://en.coin-turk.com/what-is-ethereum-name-service-ens/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Crypto</a> Center members. Additionally, the Solana Foundation stated that it will also offer webinars and training courses on various <a href="https://coin-turk.com/web-3-0-odakli-altcoinler-yeni-trend-olabilir-boga-sezonunun-potansiyel-yildizlari" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/starsarena-the-new-social-media-platform-integrating-crypto-and-twitter/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Web3</a> topics. The expansion of the grant program operated by DMCC is also planned.
According to Ahmed Bin Sulayem, the CEO of DMCC Crypto Center, the existing partners collaborating with Solana will also enjoy many privileges at DMCC. Sulayem continued his statement as follows:
<blockquote>
 “While providing free setup and operating licenses for Solana ecosystem projects, our members will have access to a top-notch blockchain platform and exclusive Solana engineering teams that can take their businesses to new heights.”
</blockquote>
<img decoding="async" class="aligncenter wp-image-266962 size-full" src="https://coin-turk.com/wp-content/uploads/2023/10/dmcc-solana.jpg" alt="" width="1600" height="900">
<h2 class="p1" style="text-align: justify" id="notable-partnerships">Notable Partnerships</h2>
DMCC’s ecosystem partners are not limited to Solana alone. Famous cryptocurrency exchange Bybit, crypto asset market services provider DWF Labs, We3 company TDeFi, venture capital fund Brinc, and many other organizations will also be part of this structure. The total number of members in the center officially brings together 23,000 companies.
Together with Abu Dhabi Global Market and Dubai Silicon Oasis Authority, DMCC is one of the first three economic free zones established in the United Arab Emirates to improve investment diversity. The Ras Al Khaimah Digital Assets Oasis, introduced during Blockchain Life 2023, will soon join these three zones.
Since September, the Solana network has ranked 10th in the field with nearly $359 million worth of total locked value, and at the time of writing, the <a href="https://coin-turk.com/ethereum-eth-solana-sol-ve-avalanche-avax-icin-5-yillik-tahmin" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/first-time-in-128-days-popular-altcoins-brakes-exploded-may-rapidly-depreciate/" data-wpel-link="internal" rel="noopener noreferrer nofollow">SOL</a> token was trading at $23.47. Continue Reading: <a href="https://en.coin-turk.com/solana-and-dmcc-partnership-dubai-multi-commodities-centre-joins-the-solana-ecosystem/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/solana-and-dmcc-partnership-dubai-multi-commodities-centre-joins-the-solana-ecosystem/</a>

Solana and DMCC Partnership: Dubai Multi Commodities Centre Joins the Solana Ecosystem

Table of Contents

COINTURK NEWS

Other articles published on Oct 16, 2023

Grayscale GBTC discount hits 2-year low as market eyes BTC ETF approval

Hackers found new way to steal crypto with BSC blockchain

Ripple Achieves New Milestones in its Blockchain Journey

Meta Admits Training AI with Users’ Posts Without Consent

Numeraire (NMR) Price Prediction 2024, 2025, 2030, 2040, and 2050

ADA Price Forecast: Cardano Price In Bearish Hands; What Next?

Join our free newsletter for daily crypto updates!