First cryptocurrency donation in the world of this magnitude acquired by Al Jalila Foundation to assist Hamdan Bin Rashid Cancer Charity Hospital
DUBAI, UAE, Sept. 1, 2022 /PRNewswire/ — The not too long ago launched Dubai Metaverse Strategy by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has inspired QUINT, a DeFi venture headquartered in Dubai, to carry philanthropy to the DeFi world.
The founders of QUINT, the venture championing the mainstream adoption of DeFi, metaverse, token and blockchain applied sciences, have donated an equal worth of USD 16 million to Al Jalila Foundation, a member of the Mohammed Bin Rashid Al Maktoum Global Initiatives, devoted to remodeling lives by way of medical innovation.
The donation, the first of its variety in the UAE and the largest of its variety in the world, was made to assist Hamadan Bin Rashid Cancer Charity Hospital by way of a specially-devised locking and vesting mechanism that can make the required funds out there to Al Jalila Foundation over the 3-year development of the hospital’s bone marrow transplant centre. After the full realisation of the donation, the facility will likely be named “QUINT Bone Marrow Transplant Centre” upon its launch. The Developing crew and Strategic Partners of the QUINT token have additionally contributed generously in direction of this donation.
Dr. Abdul Kareem Al Olama, CEO at Al Jalila Foundation, stated: “As a philanthropic organisation we rely on charitable donations and we are always seeking innovative ways to expand our donation channels for ease of convenience for donors from all around the world to support our programmes. Crypto philanthropy has emerged as an important and sustainable source of fundraising for charities, giving donors greater opportunities to support humanitarian causes. We are grateful to QUINT for their generous contribution that will have a great impact on the lives of adults and children suffering from cancer.”
Bone marrow transplant (often known as stem cell transplant) is a medical process that infuses wholesome stem cells to exchange broken or diseased bone marrow. This therapy is often for cancers akin to leukaemia, lymphoma, or different related life-threatening situations. The substitute bone marrow or stem cells can come from the affected person themselves (autologous transplantation) or from a donor (allogeneic transplantation).
QUINT, a flagship DeFi venture on the BSC chain, has innovated the thought of super-staking swimming pools that permit traders to profit from real-world returns, rewards and funding alternatives. The Quint boutique NFT Market Place connects the Metaverse to the bodily world by way of modern Token Frames. In May 2022 Quint partnered with Galaxy Racer (GXR), a transmedia powerhouse centered on esports, content material creators, music, and sports activities, headquartered in Dubai, and have become the native token for the GXR ecosystem. The Quint ecosystem can be supporting the Dubai Blockchain Strategy and Emirates Blockchain Strategy, and is establishing new requirements for ESG, transparency, accountability and deliverability inside the cryptocurrency ecosystem.
Mr Mohammed Al Bulooki, Chairman of Quint, stated: “Quint’s founders, developers and partners support Al Jalila Foundation’s aim of transforming lives through medical research, and are delighted to be able to contribute to this mission. Quint prides itself on contributing to community well-being and holding itself to high standards of governance and ethics. As part of our mission of connecting the metaverse to the real world, and boosting mainstream adoption of cryptocurrencies and DeFi, we are pleased to be amongst the first to embrace crypto philanthropy in the UAE and the Middle East.”
Quint’s founding crew and strategic companions are all trade veterans with robust observe data. It is noteworthy that Quint’s CEO Mr Rahul Chaudhary sits at the helm of CG Corp Global, a multi-billion-dollar multinational conglomerate spanning 140 years of operation, 160 firms and 123 manufacturers in over 35 nations.
In lower than a 12 months, Al Jalila Foundation has already raised AED400 million, in direction of the AED750 million fundraising goal, with main donations acquired from quite a lot of philanthropists, authorities and non-government organisations, UAE companies and corporates to assist the growth of the UAE’s first most cancers charity hospital.
To study extra about Quint’s Ecosystem, go to:
Website: https://quint.io/
Telegram: https://t.me/projectquint
Twitter: https://twitter.com/projectquint
For extra info on Al Jalila Foundation go to: www.aljalilafoundation.ae
Contact:
Hisham Wyne
+971509433383
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