NFT News

The Dubai Police Department plans to give out 150 free NFTs to the general public

First collection of non-fungible tokens, including 150 free digital assets representing innovation, security, and communication, has been released by the Dubai Police department..

Dubai Police’s director of artificial intelligence Brigadier Khalid Nasser Al Razooqi has said that anyone can own these digital assets for free if they participate in the campaign by reposting, distributing and providing the relevant information for interest registration.

If you’re interested in participating in the Dubai Police Value NFT post, you’ll need your name, email, and NFT wallet address to send a direct message to Dubai Police on your social media sites.

To put it another way, Al Razooqi explained that a “NFT” is a unit of data maintained on blockchains that is “completely unique” in terms of information such as the date it was created and the name of the person who owns it.

UAE government agency Dubai Police is first to build its own digital assets, local media said, and the first police organisation worldwide to do so.

Dubai’s Vice President and Prime Minister, Sheikh Mohammed bin Rashid Al Maktoum, enacted a law last month aimed at protecting investors and implementing international standards for virtual asset (VA) market regulation.

The law applies to the whole emirate, except for the Dubai International Financial Centre, which is exempt (DIFC).

“Approval of the virtual asset law is a key step that establishes the UAE’s position in this sector, and a measure that intends to assist the sector flourish and protect investors,” Sheikh Mohammed bin Rashid stated then.


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