Dubai Cyber Innovation Park unveils its 1st NFT drop

By Shilpa Annie Joseph, Official Reporter
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DCIP launches first NFT drop
Representational Image | Courtesy: WAM

Dubai Cyber Innovation Park (DCIP), the Research and Knowledge Arm of Digital Dubai, has launched the “CyberMaster Trophy” as the first of its kind NFT drop.

This move comes as part of Dubai Cyber Innovation Park’s efforts to boost cyber innovations and raise awareness of cybersecurity.

According to the statement, the raffle draw date will be announced on 23rd December 2022, with only one winner. The holder of this NFT 1/1 trophy will receive special access to DCIP’s courses, events, programs, and more.

As part of its efforts in fostering innovation, DCIP aims to support digital economic growth and contribute to the development of technologies that support Dubai’s vision of achieving economic prosperity alongside its smart transformation.

The NFT Trophy will act as a symbol of cyber innovation and as a symbol of empowerment that represents the cyber workforce competing against rapidly evolving cyber threats. The design is a unique abstract that signifies growth, expert mastery, and defense, as per the statement.

Dr. Marwan Al Zarouni, Strategic Advisor at Digital Dubai, said that, “As Dubai is transitioning into the future of the internet, the idea of offering digital assets that can be used to transact and receive the physical value of services and experiences will soon become the norm.”

The CyberMaster Trophy is an expressive representation that abstractly captures the complexity of evolving cyber threats that exist in cyberspace. The elements that make up the abstract trophy are radically twisted in a circular form that is in constant flux. The concept evokes capturing the notion of the rapidly evolving cyberspace.

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