Future FinTech Group Inc. (NASDAQ: FTFT) (“hereinafter referred to as “Future FinTech”, “FTFT” or “the Company”), a blockchain application technology developer and a fintech service provider, announced today that the Company’s subsidiary, FTFT Capital Investments LLC (“FTFT Capital”), a Dubai-based cryptocurrency market data service company, won the GB Web3 award for ‘Blockchain Frontier’ of the year, signifying an exceptional advancement in the blockchain industry for the development of its FTFTEX cryptocurrency market data and trading information platform.
The first edition of the GB (Gulf Business) Web3 awards was held on September 23, 2022 at the Social Distrikt, The Pointe, Palm Jumeirah, Dubai. According to gulfbusiness.com, the event attracted over 100 companies and organizations within the Web3 and blockchain space and honored the most influential companies, startups, academics and thought leaders from the Web3 community who have made outstanding contributions to blockchain technology and transformed the public perception of its potential. The awards were hosted by Motivate Media Group, a prominent media group in the Gulf region, and GB Tech Tal, an influential Gulf commercial group brand, in collaboration with arte by Crypto Oasis, which represents a large Web3 community in the Middle East.
As reported by gulfbusiness.com, the panel of judges for the GB Tech Web3 Awards included Saqr Ereiqat, co-founder and CCO, Crypto Oasis; Andrew Wingrove, group director of Motivate Media Group and Divsha Bhat, technology editor of Gulf Business and GB Tech Talk.
Ola Lind, Chief Strategy Officer of Future FinTech and CEO and Director of FTFT Capital, commented, “We are delighted to win the Web3 award and be recognized as a leader in the blockchain space. We believe that blockchain technology is characterized by decentralization, openness and transparency which helps to maximize transaction efficiency while digitizing operations. The more knowledgeable people and businesses are about the technology, the better for its utilization as a solution and for its implementation. This is also the goal of our ongoing #CryptoCredibility campaign.”
The FTFT Capital #CryptoCredibility Campaign
FTFT Capital launched the #CryptoCredibility campaign earlier this year to help students become more familiar with blockchain and cryptocurrencies. As part of the campaign, FTFT Capital is hosting interactive sessions with students from leading universities in the UAE. The sessions introduce the young adults to the world of cryptocurrency which includes the different kinds of cryptocurrencies, their uses and a brief introduction on how to get started in the industry. FTFT Capital is leveraging its employees, customers and contacts for this campaign to offer students a hands-on, immersive learning experience. This includes the opportunity, whenever possible, to secure internships or employment that will allow students to learn alongside industry leaders, develop their own projects, and hone their skills and expertise in the sector. The campaign aims to positively engage students to help them better understand cryptocurrency technology and potentially pursue career paths within the industry. FTFT Capital developed the #CryptoCredibility campaign to inform and educate students by providing a platform for blockchain education and innovation.
“Our #CryptoCredibility campaign supports Dubai’s goal of becoming a blockchain and cryptocurrency center and encourages young people to appreciate the vision of blockchain technology by becoming knowledgeable about the sector and understand its promise and risk,” concluded Mr. Ola Lind.
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