How Dubai looks like in the virtual world.
PHOTO BY SUPPLIED
Dubai and Abu Dhabi have been selected as the firs cities to be launched within the Metaverse, the world’s first virtual world, as part of the Global Metaverse Launch.
Metarverse Holdings selected the UAE cities to be launched in the virtual world that replicates real life experiences and places.
This follows a Dubai Government announcement on the formation of the Higher Committee for Future Technology and Digital Economy to oversee the city’s push to become a leading global hub for metaverse technology adoption.
A Beta version of the Metaverse is due to be live by October 2022 and available globally by the end of the year.
Users globally will be able to experience Dubai and Abu Dhabi’s greatest attractions and landmarks alongside real world utilities from the comfort of their homes.
Unlike other VR applications that create small scale, digital fantasy worlds, the new platform is bringing a complete Metaverse with full device compatibility and designed to stream quickly.
Users can find synergy between their needs and the platform that encompasses NFT’s block chain trading, functionality to shop and view products in the biggest retail stores, buy advertising space in the virtual city, attend simulated lectures, register for licences and government issued documentation and more.
Upon the announcement, Priven Reddy, CEO of Dubai based Metarverse Holdings said: “Dubai and Abu Dhabi were the obvious selection for the very first simulated areas within our new metaverse. After evaluating other territories, the decision was made easy with the UAE as global leaders in disruptive technologies, and driven by the mission and vision of His Highness Sheikh Hamdan bin Mohammed and the Dubai Government as a whole.”
“More so than Europe or the United States, people all over the world are fascinated by the rise of the Emirates and the attractions, developments, transport, education and culture, and inspired by a speed of innovation that other countries can only dream of,” Reddy added. Metarverse Holdings is investing Dh200 million into the project, he said.
Karyn Naidoo, Strategic Consultant at Metarverse Holdings, said the team will release more key locations across the IAE with a focus on creating spaces that are “visually, topographically and geometrically scaled to recreate the most realistic feeling in the Dubai and Abu Dhabi metaverse”. Following the UAE launch, Metarverse Holdings is looking to explore Saudi Arabia and Qatar as their next virtual countries. ICA/Expat Media
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