Binance to Celebrate Regulatory MVP License With Burj Khalifa Light Show

2022-09-20

Key Takeaways:

  • Binance will be conducting a breathtaking light show on the Burj Khalifa on September 24 - 25 at 8:25pm GST

  • Exclusive NFTs, and Binance swag up for grabs through a range of celebratory tasks on social media

Dubai’s iconic Burj Khalifa – the world’s tallest building – is the setting for two spectacular Binance light shows at 8:25pm GST, September 24 - 25, to celebrate Binance’s recently awarded MVP (Minimum Viable Product) license in Dubai. The show will feature breathtaking animation that will light up the entire building, introducing thousands of spectators to a journey through Web3.

Dubai is now one of the fastest-growing virtual asset hubs in the world. The Emirate recently established the Virtual Asset Regulatory Authority (VARA), an agency body created by the Dubai Government to regulate virtual assets, product operators, and exchanges. Binance is one of the first virtual asset exchanges to be awarded an MVP license by VARA. 

The newly awarded license will allow regulators to monitor an incremental Binance product roll-out to qualified retail and professional investors, ensuring transparency, extensive legislation, consumer protection, and internationally applicable policy frameworks.  Visitors to the location at the foot of the Burj Khalifa, near the Souk Al Bahar, will see a world-class light show bringing together elements of the Metaverse, NFTs, and Web3 to the landmark, the perfect stage to honor Binance’s Virtual Asset MVP License. The Burj Khalifa area attracts over 200,000 visitors daily, who will all have a chance to participate and win prizes, including NFTs, and Binance swag!

Get Involved and Win a Range of Prizes* 

On both days of the light show, visitors will have the opportunity to join the celebration on social media to win one of 10 exclusive NFTs, and a range of Binance merch for 10 further participants. To enter, simply get down to the Burj Khalifa at the Dubai Mall exit in Downtown Dubai, follow @BinanceArabic, snap a selfie or video with the light show, and upload it to Twitter using the hashtag: #BinanceAtTheBurj

The competition runs from September 24 - 30, 2022, so join the festivities and keep an eye on our socials for additional prizes to commemorate this historic event!

*The MVP license restricts Binance FZE’s products and services to qualified retail and professional investors only. Any winners will be selected based on eligibility to open a Binance FZE account. 

Risk Warning: The value of Virtual Assets is variable (up and/or down), cannot be guaranteed, and can be highly volatile. Trading cryptocurrencies involves significant risk and can result in the loss of your capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved.

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