Metarverse Holdings

History

2022: Copies of Dubai and Abu Dhabi began to be created in the metaverse for $54.5 million

In early September 2022, information appeared that real copies of Dubai and Abu Dhabi would appear in the metaverse. The project launches Metaverse Holdings, which plans to invest $54.5 million in it.

The Dubai government has set up a High Committee on Future Technology and the Digital Economy, which will oversee Dubai's efforts to become a major global hub for the adoption of metaverso technology. As a result of the announcement, Metarverse Holdings selected Dubai and Abu Dhabi as the first cities to be launched as part of the global rollout of Metaver technology. Their advanced virtual environment will match actual events and locations. The beta will launch in the fourth quarter of 2022 and will be available worldwide shortly thereafter.

Copies of Dubai and Abu Dhabi began to be created in the metaverse for $54.5 million

Users around the world will be able to experience the greatest attractions and monuments of Dubai and Abu Dhabi along with real utilities from the comfort of their homes, combining the physical and digital worlds.

Шаблон:Quote 'We see the UAE as leaders in introducing new innovative concepts and disruptive economic and technological models, so there was only one place for us to get started, "said Metarverse Holdings CEO Priven Reddy. The platform is a comprehensive metaverse based on real-world utilities with full multi-device compatibility and is designed for rapid distribution, unlike existing VR-applications that create small digital fantasy worlds. Users will be able to find synergy between their needs and a platform that includes technology. blockchain NFT

The platform will include functionality to view and shop from major retail brands and stores, buy ad space in a virtual city, attend simulated lectures, and the ability to apply for visas, business licenses and more.^[1]

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