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In mid-April, a new contributor appeared in the crypto community called
. It was created in support of the Emirates Blockchain Strategy 2021. The team claims to have no involvement with the government and offers the technology as an open tool for the development of this strategy.
A little more than two weeks were allocated for the Private Sale, and early investors were allowed into the project for only $1000 or more, which for many might seem like a rather daring decision. But on May 1, exactly at midnight, the first stage of the Private Trading ABIC token closed, after which the project team announced that the trading goal was overfulfilled by 80%. The token price at that moment increased by 40% – from $0.05 to $0.07. We have studied the whitepaper, roadmap and open technology of smart contracts Arabic Cash and will briefly tell you why the project is attractive not only for Arab investors.