Here’s Why 10,000 Neon Pink Electric Motorcycles are Taking Over UAE
The blockchain-funded electric motorcycles are expected to roll out in Dubai, Abu Dhabi, Sharjah, and other emirates.
Global Tech Pioneers Pyse and MANTRA are set to introduce 10,000 neon pink electric motorcycles across the UAE. Supported by blockchain-powered investments, the motorcycles will be used across the nation’s logistics and delivery sectors in Dubai, Abu Dhabi, Sharjah, and other emirates over the coming months.
Pyse, a green asset financing platform, allows individuals to invest in electric mobility assets. Meanwhile, blockchain firm MANTRA focuses on fractional ownership by tokenizing assets. Through the blockchain, fractional ownership enables smaller investors to participate in the delivery sector, earning proportional returns with lower entry barriers.
The initiative aligns with global trends in vehicle tokenization, such as Toyota’s Blockchain Lab and California’s DMV digitization projects.
