The NFT was produced from a photo she took at Royal Ascot 2016 in the Royal Enclosure Parade Ring.

Italian origin and Dubai resident since 2002 Princess Bee (Benedetta Paravia) launched her debut NFT on Open Sea, a global marketplace for NFT. The NFT was produced from a photo she took at Royal Ascot 2016 in the Royal Enclosure Parade Ring. The victorious father Sheikh Mohammed bin Rashid al Maktoum and his son Sheikh Hamdan gaze at Queen Elisabeth in the wonderful shot. The artwork was generated by 30 Godolphin horses.

"The Royal Ascot and the Dubai World Cup are two of my favorite events. This year, in honor of the Dubai World Cup and the determination of Dubai's leaders to make the year of Expo special for all of us, despite the trials and hardships of this historic moment," remarked Princess Bee.

The NFT has been valued at 3 million AED, and if sold, Princess Bee will put the proceeds towards "The Intercultural Project," an educational program she has been running since 2005 for Zayed University students who have been selected to attend special courses in Italy, including visits to UNESCO sites, museums, and meetings with Italian officials, under the patronage of the Italian Embassy in the United Arab Emirates.

"The Intercultural Project's first sponsor was H.H. Sheikh Mohammed bin Rashid al Maktoum in person," Princess Bee explained. "For this reason, and because I admire his visionary leadership, I will always be grateful to the United Arab Emirates." – added the Dubai enthusiast, who received a recommendation letter for the Golden Visa from the Ministry of Culture last year.