Dubai to Host Second Edition of Middle East Blockchain Awards as MENA Drives Global Crypto Growth

Dubai, United Arab Emirates, February sixth, 2025, Chainwire

The Middle East Blockchain Awards (MEBA) returns for its second yr after the success of its inaugural version, with Dubai chosen because the host metropolis. The ceremony will happen on the iconic Jumeirah Burj Al Arab on April 29, coinciding with the TOKEN2049 convention. The occasion will unite trade leaders, innovators, and visionaries to rejoice achievements in blockchain and cryptocurrency.

MEBA 2025 arrives at a pivotal second amid the fast acceleration of blockchain adoption throughout the MENA area. Current information from Chainalysis positioned the area because the seventh-largest cryptocurrency market on the planet. Between July 2023 and June 2024, MENA acquired an estimated on-chain worth of $338.7 billion—accounting for 7.5% of the worldwide transaction quantity.

Notably, the UAE has emerged as a world chief in digital asset adoption. In keeping with Henley & Companions’ newest report, the UAE ranks third worldwide in digital foreign money utilization. Chainalysis information additionally revealed that the UAE acquired roughly $34billion in cryptocurrencies between June 2023 and July 2024, experiencing a strong 42% year-on-year development. That is pushed by the nation’s progressive strategy to blockchain know-how, with cities like Dubai establishing themselves as key innovation hubs.

Max Palethorpe, Founder and CEO of Hoko Group, the official organizers of MEBA, commented: “The Center East Blockchain Awards gives a novel platform to acknowledge the unbelievable achievements which can be driving the subsequent wave of innovation in blockchain and digital transformation. With the UAE main the cost within the Internet 3.0 revolution, it’s inspiring to see trade leaders coming collectively to form the way forward for this dynamic trade. This yr’s occasion guarantees to be a real celebration of the pioneers who’re pushing boundaries and setting new requirements.”

Returning as a decide for the second consecutive yr, Dr. Marwan Al Zarouni, CEO, AI for Dubai Division of Financial system and Tourism and CEO of Dubai Blockchain Centre (DBCC) added: “I’m thrilled to be a part of the judging panel as soon as once more and witness the fast evolution of blockchain applied sciences within the MENA area. With the UAE on the forefront of this transformation, the federal government’s forward-thinking strategy, mixed with the area’s dynamic innovation ecosystem, is accelerating the adoption of Internet 3.0 applied sciences. The Center East Blockchain Awards captures this momentum and additional cements the UAE’s place as a world hub for blockchain excellence.”

Different judges of the Center East Blockchain Awards this yr embody:

● Jumana Al Darwish, Award Successful Social Entrepreneur and Founding father of Comfortable Field

● Scott Melker, Host, The Wolf of All Streets Podcast, and Crypto TownHall

● Mario Nawfal, Host of Largest Present on X and Founding father of Worldwide Blockchain Consulting Group

● Saqr Ereiqat, Secretary Common of Dubai Digital Belongings Affiliation and Co-Founding father of Crypto Oasis

● Jorge Sebastiao, Co-Founder World Blockchain Group and Co-Founder EcoX

● Matthies Mende, Founder and CEO of Bonuz and Co-Founding father of Dubai Blockchain Middle

MEBA goals to foster innovation, acknowledge excellence, and set new requirements for blockchain and Internet 3.0 tasks throughout the area. In its inaugural version in 2022, MEBA partnered with Abu Dhabi World Market’s flagship platform, Abu Dhabi Finance Week, and the Center East, Africa, and Asia Crypto and Blockchain Affiliation (MEAACBA).

Submissions are actually open at www.mebawards.io, the place members can discover extra particulars in regards to the classes and the nomination course of.

About Hoko Abu Dhabi

Hoko Company is a diversified and progressive firm that owns and operates a various portfolio of companies inside the sectors of Finance, Blockchain, Leisure, Sport and F&B. Hoko strives to be the best-in-class in every of their service strains; providing high quality merchandise, world class service and becoming options that transcend the trade’s expectations.