Members of the general public, whether within or outside the country can own these digital assets for free by participating in the Dubai Police campaign by reposting and sharing necessary information for the registration of interest. This was stated by the director of the General Department of Artificial Intelligence at Dubai Police, Brigadier Khalid Nasser Al Razooqi.

According to the Dubai police, each NFT has a unique design that “carries value for the future submerging technologies usages”. All the individuals interested in this giveaway have to share the announcement of the Dubai Police Value NFT post with their friends and submit a direct message to Dubai Police on their social media platforms with their names, emails, and NFT wallet addresses. This was stated on the Dubai Police’s official twitter page.

Dubai Police is the first government entity to create its own digital assets 🔥

In the meantime, just last month, the Vice President and Prime Minister of the UAE and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, issued the Dubai Virtual Asset Regulation Law to establish a legal framework to protect investors and and implement international standards for virtual assets (VA) industry governance.

This law is applicable throughout the country and this includes the special development zones and free zones, with the exception of the Dubai International Financial Centre (DIFC).

Image source Ravi Kumar 🎯

The CEO of Malaysia-based blockchain company Bridge Oracle, Sina Estavi paid $2.9 million last March for the NFT, a digital certificate that says he owns Mr. Dorsey’s tweet, which reads “just setting up my twttr.” Shortly after the purchase, Mr. Estavi tweeted: “This is not just a tweet! I think years later people will realize the true value of this tweet, like the Mona Lisa painting.” Over a year later, Mr. Estavi put the NFT up for auction. He listed it on the Opensea, an NFT marketplace last week, expecting it to fetch at least $50 million.

He pledged to donate 50% of the proceeds to GiveDirectly, a charity that allows people to send money directly to other people with no conditions on how the funds are to be spent. On Friday evening, a day after Elon Musk made an offer to acquire Twitter for $43 billion the highest bid was only about $13,940, according to Opensea.

Mr. Estavi said he was now rethinking the sale of the tweet 👀

why not 99% of it?

— jack⚡️ (@jack) April 7, 2022

The low bids is coming at a time when the NFT market slowing down. According to CryptoSlam Inc., a site that aggregates NFT data Global monthly sales of NFTs totalled almost $5 billion last year August. In March, NFT sales were down to $2.4 billion. Jack Dorsey had initially sold his first tweet as an NFT on Ether. When Estavi announced the resale on Twitter, Jack replied to it and said “Why not 99% of it?”. It is noted that Jack donated all of the money he received from the sale of the tweet.

Image source @rswebsols 🎯

With the booming NFT and Metaverse space, the latest to join it is an entity from an entirely different industry than any other. Hyundai Motors, one of the top 10 car manufacturing companies in the world, announced its decision to enter the world of NFT in a creative manner. The South Korean auto giant is entering this market with its own NFT community including the Hyundai NFT official website and channels on Discord and Twitter. The automaker will be collaborating with the ‘Meta Kong’ NFT brand to create its own set of NFTs along with a concept film. In a unique fashion, Hyundai released a short film introducing the Hyundai NFT universe concept ‘Metamobility Universe’. The film serves as an entry point for the company to showcase its ‘Metamobility Concept’ which was exhibited at the International Consumer Electronics Show (CES) 2022.

Thomas Schemera, the Head of Customer Experience Division of Hyundai Motor said; “The Hyundai NFT Universe will extend the Hyundai brand experience, especially with MZ generation, in a completely new way, further reinforcing our commitment to innovation in both the real world and in the metaverse. We are extremely excited to introduce ‘Metamobility’ through our own NFTs and start this journey with ‘Meta Kongz’.”

On April 20, Hyundai plans to issue 30 limited editions ‘Hyundai x Meta Kongz’ NFTs 👀

According to a statement by the company, Hyundai NFT Discord and Twitter channels opened on April 15 but the official NFT website will go live in May 2022. Hyundai stated that the NFT community is going to provide its users with the Hyundai brand experience in the metaverse, by sharing NFTs depicting its mobility solutions. Also, the online platforms will provide an open 24/7 communications channel between the company and community members, with real-time updates on the asset value of its NFTs. Hyundai plans to make use of all the profit proceeds to manage the project and the community.

Image source @named_aashutosh 🎯

According to multiple reports, Bored Ape Yacht club, Shamanz, Nyoki, Doodles have all had their Discord accounts hacked and abused. Blockchain investigator, Zachxbt posted screenshots as proof that both the Doodles and Kaiju Kingz NFT projects have also been targeted in this scam. It was also reported by Vice that the tactics used by these scammers includes tricking people into clicking a link, so that they could mint a non-existent NFT. The hackers will then come in and ask for Ethereum or an NFT wrapped into a token.

STAY SAFE. Do not mint anything from any Discord right now. A webhook in our Discord was briefly compromised. We caught it immediately but please know: we are not doing any April Fools stealth mints / airdrops etc. Other Discords are also being attacked right now.

— Bored Ape Yacht Club (@BoredApeYC) April 1, 2022

This tactic appears to have been successful in a few instances. On one of the Discord channels, the hackers sent out this text: “Oh no, our dogs are mutating. MAKC can be staked for our $APE token. Holders of MAYC + BAYC will be able to claim exclusive rewards just by simply minting and holding our mutant dogs.” The NFT projects were quite quick to react and were able to warn their users that some of their identities had been stolen.

Although we are yet to know if any specific endpoint was compromised ☝

Along with blue-chip projects like BAYC, and Doodles, our server was also compromised today due to a recent large-scale hack.

We have taken everything under control in less than 30 minutes.

— Nyoki Club (@nyokiclub) April 1, 2022

It was also reported that two wallets were identified as participating in the hack, and were seen as Fake_Phishing5519 and Fake_Phishing5520 on blockchain explorer Etherscan. The first account obtained one NFT, sold it, and sent about 20 ETH to the second wallet. The second wallet then sent more than 60 ETH to a mixing service thereby laundering the tokens. After this, the second wallet sent 0.6 ETH to two addresses with one being inactive and the other with more than 1,400 ETH, and more than 6 million Tether coins.

Image source Joshua Sortino 🎯