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Maldives signs deal with Dubai-based MBA Global Services to build $9 billion Web 3 hub

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Summary
Nutrition label

65% Informative

Maldives is inching toward a $9 billion Web 3 hub to diversify its economy.

The government is lining up a string of perks to attract international service providers.

The Maldives has signed an agreement with MBA Global Services to establish a crypto and blockchain hub.

The ambitious project is expected to be completed within five years .

Dubai appears to have completed its Web 3 transformation, with Eric Trump confirming cryptocurrency payments in Trump Towers Dubai .

VR Score

56

Informative language

56

Neutral language

12

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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