All women residents in Abu Dhabi will be provided free crypto, NFT, and blockchain domains as part of a new initiative to be enforced in the UAE capital.
The campaign sees Access Abu Dhabi and the Abu Dhabi Investment Office (ADIO) partner with a Web3 identity platform and NFT domain name provider Unstoppable Domains to provide free crypto domains to women. Highlighting Abu Dhabi’s mission to champion opportunities for women in business, Eng Abdulla Abdul Aziz Al Shamsi, the acting director general of ADIO, said: “Abu Dhabi is ensuring the future of Web3 is built around a powerful infrastructure that appeals to all members of the community.By supporting initiatives that invite and uplift women, we can champion diversity early in the Web3 era.”
The initiative offers women in Abu Dhabi the opportunity to capitalise on Web3 opportunities. It provides them with a decentralised web address and digital identity that gives them complete control of their data and content within a space that they fully own, as opposed to Web2 domains, which are leased for fixed periods through third-party brokers. The giveaway aims to provide opportunities for more women to learn about and ultimately participate in Web3.
Currently, only 5 percent to 7 percent of all cryptocurrency users are women, and only 12 percent of people who work in blockchain are women. The initiative was announced during a delegation visit to Abu Dhabi by the ‘Women of Web3′, a powerhouse group of disruptive female tech entrepreneurs from the United States exploring the emirate as a gateway for global expansion.
