Soft blue gradient with fluid, wave-like abstract shapes.
This content was generated by Whalee (BETA), an AI assistant that analyzes cryptocurrencies. The information may be incomplete and/or incorrect. Please always verify for yourself and do your own research.

Main Activities

The ADI Foundation is a non-profit organization whose main activity is to promote innovation, entrepreneurship, and sustainable development, particularly in the fields of technology, education, and social impact. It offers various programs, services, and initiatives aimed at supporting entrepreneurs, startups, researchers, and social purpose organizations. Its offerings include acceleration programs, training, workshops, networking events, as well as grants and mentoring for high-impact projects. The ADI Foundation primarily targets innovators, social entrepreneurs, young companies, and change-makers, with a particular focus on emerging markets and underrepresented communities.

History

The ADI Foundation is a blockchain project based in Abu Dhabi, founded by Sirius International, the digital arm of IHC, the largest listed group in the United Arab Emirates. Its mission is to make digital transformation accessible and beneficial to all, with the ambitious goal of connecting one billion people to the blockchain by 2030, primarily targeting markets in the Middle East, Asia, and Africa that lack access to these technologies.

Key development milestones:

  • Creation: The ADI Foundation was created under the impetus of Sirius International (IHC), with a human-centered vision for Web3 and blockchain.
  • Launch of the ADI Chain: Development of a proprietary blockchain, the ADI Chain, designed to be accessible, reliable, and compliant with the sovereign regulations of the United Arab Emirates.
  • Dirham-backed stablecoin: Launch of a stablecoin backed by the UAE dirham and pegged to the US dollar, ensuring stability and trust for global transactions 24/7.
  • Strategic partnerships: Collaboration with major players such as ADQ, IHC, and FAB to support the development and adoption of the ADI blockchain.
  • Multisector deployment: The ADI Chain targets applications in fintech, greentech, government transformation, supply chain, infrastructure, and healthtech.
  • Governance and community: Implementation of a native utility token to encourage participation, shared governance, and reward network users.
  • Advisory and expertise: Formation of an international team and an expert board from finance, technology, and innovation to guide the foundation's strategy.

The ADI Foundation stands out for its inclusive approach, regulatory compliance, and ambition to create large-scale accessible blockchain infrastructure, while relying on strong partnerships and a human-centered vision.
For more information: adi.foundation

Team

The ADI Foundation was founded by Sirius International, the digital branch of IHC (International Holding Company), the largest listed group in the United Arab Emirates. The main management team consists of:

  • Andrey – CEO
  • Moe – Marketing
  • Mounir – Compliance
  • Anna – Operations
  • Jack – Stablecoin
  • Madonna – Operations
  • Robert – Partnerships
  • Anton – Partnerships
  • Lilia – Operations
  • Kais – Stablecoin
  • Herman – Tech Lead

The advisory board notably includes Ajay Hans Raj Bhatia, Dame Alison Rose, Huy Nguyen Trieu, Guillaume Tenant de La Tour, Sitoyo Lopokoiyit, and Segun Ogusanya.

Fundraising

Since its creation, the ADI Foundation has been mainly funded by private donations, institutional grants, and partnerships with philanthropic organizations. No venture capital fundraising has been carried out, as it is a non-profit foundation. The main investors and partners include international foundations, development agencies, and companies committed to social responsibility. The exact dates of funding and detailed names of investors are not publicly listed on the ADI Foundation's website.