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Dubai Metaverse News

The Dubai International Financial Centre (DIFC) has revealed the participants of its inaugural &#8216;DIFC Metaverse Accelerator Programme.&#8217;



This program is aligned with the Dubai Higher Committee for Future Technology and Digital Economy Goals. It is the next step towards the DIFC&#8217;s plan to achieve the Dubai Metaverse Strategy, which aims to add $4 billion to Dubai&#8217;s GDP.



The program received over 160 applicants worldwide and has chosen ten regional and global startups focusing on metaverse, AI, web3, AR/VR, or blockchain sectors. The aim is to support 40,000 virtual jobs by 2030 and attract 1,000 companies specialized in blockchain and metaverse technologies.



In this regard, the DIFC Innovation Hub CEO Mohammad Alblooshi said: &#8220;Earlier this year, Dubai&#8217;s Higher Committee for Future Technology and Digital Economy endorsed the DIFC Metaverse Platform. It positioned DIFC as the first government entity globally to champion an integrated metaverse hub.&#8221;



He added that it is encouraging to witness the successful launch of the DIFC Metaverse Accelerator Programme, which received over 160 international applications and has established a network of 60 ecosystem partners. The ten talented startups that graduated from the program are sure to inspire others to join DIFC to pursue growth opportunities.



The DIFC Metaverse Accelerator Programme was made possible thanks to the support of Abu Dhabi National Insurance Company (ADNIC), DP World, and Daoverse Capital. These partners collaborated to onboard ten promising startups in June 2023, who underwent three months of intensive training at boot camp workshops. The program also benefits from the support of over 60 DIFC Innovation Hub ecosystem partners, who contribute to its success.



The first batch of the graduates were Artichoke Labs, Cognitive Technologies, Daoversal, DoDocs, Duverse, Evometa, Flan, Intelligent Assist, ShopDoc, and GoPal.



The DIFC Metaverse Accelerator Programme is seeking metaverse, Web3, AI, and AR/VR start-ups worldwide, along with potential Web3 investors and organizations.

difc

Metaverse

DIFC Celebrates Graduation of  10 Startups of Its Metaverse Accelerator Programme

The 12th Regional IP Crime Conference for the Middle East and North Africa, held in Dubai, discussed ways to police the metaverse, especially issues related to trademarks and intellectual property.



Jassim Al Antali, an official at the Abu Dhabi Police Academy who delivered a speech, said proper legal mechanisms are needed in light of the increasing use of the metaverse to resolve crimes that could happen there, <a href="https://www.thenationalnews.com/uae/2023/02/22/uae-authorities-look-at-how-to-police-dark-side-of-the-metaverse/" target="_blank" rel="noreferrer noopener">according to The National newspaper</a>.



According to Antali, the metaverse has a dark side and it needs regulation, legislation, and execution procedures, such as how to arrest a person in virtual reality, as we don’t know where the person is in the case of a dispute.



He asserted the importance of legal, security, and judicial mechanisms in the virtual world, in addition to law enforcement on the crimes.



Meanwhile, Ali bin Khatam, senior advocate general at Dubai Public Prosecution, pointed out that protecting intellectual property in the metaverse is a legally difficult issue as the metaverse raises questions about who will protect the trademarks in the virtual space.



Bin Khatam noted that it is easy to forge items in the metaverse by copying an existing trademark in real life to the metaverse, therefore there is an utmost need for a legal solution for such issues, adding the most difficult situation is when a metaverse user copies a trademark in a certain virtual reality, copied from another virtual reality.



He pointed to issues raised by prosecutors regarding the jurisdiction of a criminal or civil case that happened in the metaverse, saying: &#8220;We don’t know which jurisdiction to use if the crime was in UAE or another country. This causes legislation void.&#8221;



He emphasized the importance of collaboration among the policing bodies worldwide through an international policing body like Interpol, which could help somehow in deciding cases.



Earlier this month, Interpol Secretary-General Jurgen Stock said the global police body is discussing how to probe a crime occurring in the metaverse.

12th Regional Intellectual Property Crime Conference

Conference in Dubai Tackles Protecting IP in Metaverse

Majid Al Futtaim Group, an Emirati holding company, announced its intention to establish the first mall in the metaverse in Dubai.



Announced during the World Government Summit in Dubai, the Mall of Metaverse will showcase Majid Al Futtaim on Decentraland, a prominent metaverse platform, <a href="https://gulfnews.com/business/retail/mall-of-the-metaverse-dubai-launches-first-virtual-shopping-mall-1.1676391694090" target="_blank" rel="noreferrer noopener">according to Gulf News</a>.



The metaverse-based mall project is now tested multiple times for releasing it publicly soon to enjoy an immersive experience in the virtual world in the areas of entertainment, retail, and leisure, given that brands and features would be available at the mall.



Following creating their avatars, visitors to the mall will find Carrefour, Samsung Store, VOX Cinemas, THAT Concept Store, and Ghawali.



Commenting on the announcement, CEO of Majid Al Futtaim Asset Management Khalifa Bin Braik said: &#8220;For us at Majid Al Futtaim, it is key to keep an eye on user and shopper behaviors and how they evolve over time. We want to find new ways of creating memorable moments every day &#8211; and we’re ready to deliver that even on a network of platforms as huge as the metaverse.&#8221;



Braik noted that the Mall of Metaverse would be a massive destination for those who are fond of digital experiences and their related technologies.



Meanwhile, Director of Omnichannels and Digital at Majid Al Futtaim Shopping Malls Fatima Zada pointed out that the growing demand for digital experiences over the past years pushed her company to leverage state-of-art technologies and launch such a project which is considered a step ahead of online shopping, adding Majid Al Futtaim pays attention to customers’ shifting needs, desires, and expectations.



The Dubai government, in July, launched the Dubai Metaverse Strategy, which aims to contribute $4 billion to the emirate’s economy. The strategy targets increasing the number of blockchain and metaverse companies fivefold within five years as well as offering 40,000 virtual jobs.

Mall of Metaverse

Majid Al Futtaim Announces 1st Mall in Metaverse in Dubai

The Dubai International Financial Center (DIFC) announced the launch of its metaverse platform to lure technology innovators from all countries around the world, according to The National Newspaper.



In a statement, the Dubai Media Office said the launch of the center falls within the framework of its efforts to make Dubai a global metaverse hub.&nbsp;



The DIFC metaverse platform includes an accelerator program equipped with a physical studio for metaverse technology to bolster the growth of venture building and a creator community. It will also focus on digital identity, policy development and legislation on open data, and company law frameworks in the metaverse.



In this regard, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications Omar bin Sultan Al Olama said the launch of the DIFC metaverse platform is the first of its kind in a series of initiatives set to be launched to make Dubai a pioneering center in recent technologies to achieve the Dubai Metaverse Strategy&#8217;s goals.&nbsp;



Meanwhile, Chief Executive of DIFC Authority Arif Amiri noted: &#8220;The development of the integrated DIFC Metaverse Platform will accelerate the achievements of Dubai’s aspirations in this sector. The initiative is a natural extension of our Innovation Hub proposition.&#8221;



Earlier, Boston Consulting Group (BCG) said the UAE is an adequate ground for unlocking the potential of ten metaverse-based use cases like virtual and augmented shopping, virtual collaboration, telehealth, virtual assets, augmented tourism, live augmented events, digital training, and digital twins.



<a target="_blank" href="https://www.itp.net/emergent-tech/metaverse-adoption-in-the-uae-shows-potential-across-various-use-cases" rel="noreferrer noopener">A recent report by BCG</a>, in collaboration with Meta, titled “Creating a New Reality: The Metaverse in MENAT,” examined the growth potential of these ten use cases in the UAE, highlighting the UAE market’s key role in expanding the uses of the metaverse.

Dubai’s DIFC Launches Metaverse Platform for Technology Innovators

Abu Dhabi Gaming (AD Gaming), an initiative to promote the gaming and e-sports industry in Abu Dhabi, collaborated with AA Meta, a UAE-based metaverse and Web3 development company, to bolster the gaming infrastructure in the Emirati capital.



In a statement, AD Gaming said AA Meta, through this partnership, targets bolstering the metaverse industry in Abu Dhabi and providing job opportunities for UAE residents. According to the deal, AA Meta will offer metaverse and Web3 technologies for the coming generation of gaming.



Through the metaverse and blockchain gaming, users will interact with each other in new spaces along with providing new payment solutions in new in-game economic models to present captivating experiences for all users around the world, <a href="https://www.zawya.com/en/press-release/companies-news/ad-gaming-partners-with-aa-meta-to-develop-abu-dhabis-web3-blockchain-gaming-ecosystem-qbbg8p66" target="_blank" rel="noreferrer noopener">according to Zawya</a>. 



In this regard, Chairman and Managing Director of AA Meta Hussain Al Omaeirah expressed his company&#8217;s readiness for supporting the development of the blockchain gaming community, saying the new partnership with AD Gaming offers a new way to play to earn in the metaverse.



Omaeirah noted: &#8220;This new avenue of interactive media presents an exciting career path for aspiring gaming industry talent and gamers across the world.&#8221;



Meanwhile, Director of Strategic Initiatives and Business Development at AD Gaming James Hartt hailed Abu Dhabi as a comprehensive environment for the gaming industry, adding his company is concentrating on building a community backed by Web3 technologies for gamers and game developers alike.



The metaverse is expected to contribute $15 billion to the economies of the Gulf countries by 2030 given that their governments are tapping into the virtual space, according to a study by Strategy&amp;. The UAE came second following Saudi Arabia with an expected share of $3.3 billion.

AD Gaming and AA Meta

AD Gaming Seeks To Create Web3-Backed Gaming Community

Dubai hosted the first metaverse-based horse racing for the first time ever in the UAE.



The event was co-organized by Dubai Verse Cup (DVCC), the play-to-earn (P2E) metaverse-based horse racing platform, and second-to-none Dubai Racing Club (DRC), <a href="https://www.itp.net/emergent-tech/dubai-hosts-worlds-first-ever-horse-racing-event-in-the-metaverse" target="_blank" rel="noreferrer noopener">according to ITP News</a>. 



It aimed to shift the horse racing sport to another immersive level of entertainment in the virtual world. The horse racing platform gives access to its users to take part in the event using their smartphones and VR and AR devices to experience the excitement of horse racing and Breeding.



The game’s developing company (DVCC) has already launched the beta version of the platform but it targets to create an open platform that welcomes third-party users and developers to boost the metaverse-based experience.



In this regard, CEO of Dubai Verse Cup (DVCC) Vincent Isik said the platform brings horse racing which is popular in the UAE to the virtual world, adding the game could be played in a family-based system as users can create groups as families and compete with other families.



According to him, the collaboration will enable us to further develop our play-to-earn gaming model, where users gain rewards in the form of $DVCC tokens, based on their racing and breeding performance.



Winners earn rewards such as trophies and tokens, which can be exchanged for NFTs like horses, perks, skins, and avatars to make the game a thriving marketplace and competition space at the heart of the Meydan Racecourse.

Dubai Hosts First Horse Racing in Metaverse

The Aura Skypool, the highest 360° infinity pool in the world, will open its doors to all guests from anywhere in the metaverse.&nbsp;



According to the landmark&#8217;s management, by February, guests can book for sunset and sunrise activities, attend wellness classes, watch fireworks, and take amazing selfies with the panoramic views in the virtual space for iconic landmarks like Ain Dubai, the Marina area, Burj Al Arab, and Burj Khalifa.&nbsp;



Early birds will have exclusive access to the Aura Skypool Lounge by February through the&nbsp;<a target="_blank" href="https://rarefnd.com/projects/dean/Aura-Skypool-Dubai-Metaverse" rel="noreferrer noopener">Rare FND Portal</a>.



Rare City, part of The Rare Age Technologies, will take the global landmark to the metaverse. The company will create a digital twin of the venue within their ‘Rare City’ Metaverse using blockchain technology. The ‘Rare City’ Metaverse is built on the Metapolis (MaaS) platform.



In this regard, Managing Director of AURA Skypool Lounge James Oliver Burton expressed his excitement to launch the destination in the metaverse in collaboration with Rare City, saying the new experience gives the guests the opportunity to visit the iconic landmark from anywhere in the world.&nbsp;



Meanwhile, CEO and Founder of The Rare Age Technologies Ryan Howells noted: &#8220;Bringing AURA Skypool to our Metaverse means that tourists can get a taste of what the most iconic venue in Dubai has to offer before even stepping foot on a plane. Customers will no longer have to sit on the two-month-long waiting list to experience the picturesque views from AURA Skypool. They can do so immediately from the Metaverse and, who knows, they may also bump into Christiano Ronaldo or His Highness there too.&#8221;

Aura Skypool

Dubai’s Aura Skypool to Join Metaverse by February

GOQii, an Indian fitness technology company, announced it would launch its medical services in the metaverse in the UAE, following India and the United Kingdom.



GOQii collaborated with Harley International Medical Clinic in Dubai to promote the health metaverse, as diabetics in the UAE will be able to enroll on the GOQii health platform to follow up on their health condition through the diabetes care program on the metaverse.



Through the guidance of experts, users will be directed to a comprehensive digital platform and equipped with modern connected devices, doctors, health coaches, who will guide the patients to adjust their lifestyle and control their HbA1C levels. Users will be able to create their avatars on the metaverse while connected to their GOQii Age.



In this regard, Founder and CEO of GOQii Vishal Gondal said this Web3-based health technology is meant to bring health and fitness to the virtual space for end-consumers to become more healthy and fit.



&#8220;With the advent of 5G and better screens, we believe that the interaction will start transitioning to a more 3D gaming-like experience. We’re launching a 3D user interface where you have a 3D avatar and the various zones that your avatar can experiment with. Think of it like – healthcare meets gaming, where you create your own character or avatar who further interacts with other avatars through the 3D metaverse. We aim to take this vision a step closer to reality,&#8221;<a href="https://www.businesstoday.in/technology/story/health-tech-company-goqii-bets-big-on-preventive-healthcare-launches-health-metaverse-355683-2022-12-08" target="_blank" rel="noreferrer noopener"> Gondal told Business Today</a>.



He added that GOQii chose the UAE as the third market for the company following the UK and India for being active and rapid regarding adopting the metaverse and Web 3.0 technologies.



Recently, a report by Chalhoub Group found that there is a high level of awareness in the UAE about the metaverse, NFTs, and crypto.



Over the past few years, the UAE, especially Dubai, has positioned itself as one of the world’s prominent hubs for metaverse and blockchain technologies.



The Emirati government, in July, launched the Dubai Metaverse Strategy, which aims to contribute $4 billion to the emirate’s economy. The strategy targets increasing the number of blockchain and metaverse companies fivefold within five years as well as offering 40,000 virtual jobs.

Health Service Based in Metaverse

India’s GOQii Launches Metaverse-Based Health Services in UAE

Meta Platforms Inc. said the metaverse could contribute more than $3 trillion to the global GDP by 2031, making it a promising economic opportunity, <a href="https://www.investing.com/news/stock-market-news/meta-platforms-says-metaverse-could-contribute-over-3-trillion-to-global-gdp-by-2031-432SI-2956641" target="_blank" rel="noreferrer noopener">according to Investing Website.</a>



In a press release, Meta referred to cities like Dubai, Seoul, and Vietnam as places that develop plans to maximize the rise of the metaverse trend, pointing out that the metaverse can be intensively used in sectors like training, education, and remote employment.



In this regard, Head of Fintech at Edward Bowles Meta Platforms pointed to the economic impact that the virtual space could do by contributing over $3 trillion to the global GDP by 2031.



Bowles highlighted interoperability and portability as key factors for making the metaverse successful at the economic level, adding these two factors should be backed by further adoption of web3 technologies.



&#8220;Understandably, policymakers are giving considerable attention to the application of blockchain technology in financial services, whether in the form of stablecoins, cryptocurrencies, or crypto exchanges, but it is important to recognize that blockchain also has extensive non-financial applications that can be foundational to the metaverse economy,&#8221; according to the press release.



It also said that non-financial blockchain-based assets like NFTs are in a pleasant position.



Meta further stressed that policymakers have to outline fair regulations for web 3.0 technologies. It asserted that these regulations should include adopting a technology-neutral approach, adding such decentralized systems can take part in unleashing new economic opportunities and accommodate cooperation between the public sector and metaverse businesses.



The company has already been undertaking various initiatives to help creators develop their businesses in the metaverse. The company announced several new features and tools across Facebook and Instagram for creators in 2022. The latest of these initiatives was the launch of the Meta House at Miami Art Week from December 1-3, showcasing mixed reality experiences, and live performances by Doja Cat and GloRilla.

Meta Says Metaverse Could Contribute Over $3 Trillion to Global GDP by 2031

Dubai-based logistics provider DP World takes more steps toward the application of the metaverse by planning to use its related applications in its staff safety training modules within two months.



As Dubai DP is working on building its complete digital twin in the metaverse, which is called &#8220;DPMETAWORLD&#8221;, it has created a fully-functional 2D version, <a href="https://gulfnews.com/business/markets/dubais-dp-world-to-get-cracking-with-staff-training-on-metaverse-1.92349446" target="_blank" rel="noreferrer noopener">according to Gulf News</a>.



The Dubai-based company&#8217;s moves aim to bring virtual solutions to real-world supply chain challenges, reduce carbon emissions, and replace physical training with virtual training.



In this regard, Chief Technology Officer of DP World Pradeep Desai said in the coming two months, the first use-case safety training module for the company&#8217;s staff in the metaverse will be available. Desai pointed out that his firm invested only a few million dollars to set up the company&#8217;s infrastructure in the metaverse.



He asserted the importance of the introduction of metaverse applications in activities of DP World, referring to the practice of heavy-duty automation simulation, such as remote crane operations. He also pointed to the necessity of making use of innovations developed by the students, who took part in the ‘Big Tech Project’ competition.



‘Big Tech Project’ is a competition launched by DP World that brought UAE and Indian students to solve challenges in the logistics space using Metaverse and IoT applications.



It is worth mentioning that the company plans to hire more employees to 700 employees from 500, particularly in the IT division with intentions to expand its operations in the technology sphere.



Over the past few years, the UAE has positioned itself as one of the world’s prominent hubs for metaverse and blockchain technologies. It works on enabling digital assets companies to launch their operations in the country.



A metaverse is a network of three-dimensional virtual environments focusing on social interaction. It may be characterized as a digitally simulated world. It utilizes blockchain, augmented reality, and virtual reality (VR), combined with social media principles, to develop venues for extensive user communication that imitate the real world.

DP World in Metaverse

DP World to Start Training Modules in Metaverse within 2 Months

LandVault CEO Sam Huber said Dubai comes first ahead of the United States regarding regional and global investments in the metaverse, as it is seen as the main hub for blockchain and metaverse.



In an interview with Khaleej Times Newspaper, Huber noted that despite lots of activities related to metaverse and blockchain in the US, Dubai remains at the top when it comes to making it a government priority and developing a state-wide Metaverse offering.



Huber pointed out that Dubai would be the torchbearer of the next stage of the internet (Web 3.0). He referred to the massive interest of the Gulf Cooperation Council (GCC) countries and Dubai in creating digital twins of their real estate and enabling actual utility for residents in addition to launching a new wave of digital tourism.



He also mentioned his company&#8217;s partnership with regional companies like Aldar Properties and Yas Marina circuit in Abu Dhabi to bring them into the metaverse.



According to him, companies, shops, and retailers should prepare themselves for the metaverse to benefit from the coming phase of interest.



LandVault is considered the largest Metaverse real estate company and has finalized 100 million square feet of virtual real estate (worth 1,300 football pitches) across platforms such as Sandbox and Decentraland. It helps global brands to establish their metaverses.



It worked with brands like Heineken, Mastercard, Standard Chartered Bank, and L’Oreal, as well as Web 3.0 projects like World of Women, MAYC, and AlienBoy.



According to a report, issued by McKinsey &amp; Company, over $120 billion had been invested in the metaverse in the first five months of 2022, compared to $57 billion invested last year. The report also showed that 59% of consumers are excited to enjoy the metaverse in their daily activities, highlighting the necessity of brands to promote their presence in this virtual world.



The Emirati government, in July, launched the Dubai Metaverse Strategy, which aims to contribute $4 billion to the emirate’s economy. The strategy targets increasing the number of blockchain and metaverse companies fivefold within five years as well as offering 40,000 virtual jobs to be one of the top 10 global metaverse economies.

Sam Heuber

LandVault CEO: Dubai Precedes US in Terms of Global Metaverse Investments

Crown Prince of Dubai Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum approved the new stage of the Dubai Metaverse Strategy, which aims to promote its digital economy and implement measures that boost the usage of the metaverse and future technology in the emirate.



This came during the first meeting of the Dubai Higher Committee of Future Technology Development and Digital Economy, whose chairman is Sheikh Hamdan on Thursday, <a href="https://mediaoffice.ae/en/news/2022/November/24-11/Hamdan-bin-Mohammed-chairs-Future-technology-committee" target="_blank" rel="noreferrer noopener">according to the Dubai Government Media Office</a>.



Sheikh Hamdan asserted that Dubai is expected to be one of the world&#8217;s leading digital economies and a pioneering platform for innovations that shape the future.



The new phase, approved by him, is based on four key strategies, including expanding the usage of the metaverse to cover government services and conducting a comprehensive study about the social benefits of introducing metaverse services.



The phase includes developing the skills of the talented Emiratis to create a big metaverse community in Dubai that includes metaverse companies, startups, investors, and users, in addition to building partnerships with the private sector to launch metaverse-based projects and organize metaverse-related events that make Dubai a regional and global hub for the metaverse activities.



The new stage aims to keep metaverse as part of its broader strategy to promote digital growth and innovation, and achieve the goals of the Dubai Metaverse Strategy, he pointed out.



The meeting touched on implementing the Dubai Metaverse Strategy and the 100-day plan to coordinate the government entities&#8217; work and facilitate their contributions to the development of the digital economy.



This month, the Dubai Chamber for Digital Economy announced that 153 digital start-ups from 27 countries worldwide applied for its Future of the Digital Economy: Business in the Metaverse training academy.



Only 30 start-ups will be chosen to join the training academy to be equipped with the tools and experience required to make them successful in the digital world.



The academy will start its training program from December 5 to December 14. The program will include four interactive sessions covering topics related to NFTs, blockchain, cryptocurrencies Web 3.0 technology, in addition to training the participants in the metaverse.

Sheikh Hamdan During The Meeting

Sheikh Hamdan Approves New Stage of Dubai Metaverse Strategy

The Dubai Chamber for Digital Economy announced that 153 digital start-ups from 27 countries around the globe applied for its Future of the Digital Economy: Business in the Metaverse training academy.



Launched in October, Future of the Digital Economy: Business in the Metaverse is a first-of-its-type training academy for preparing digital start-ups for the metaverse, web3, and NFTs.



<a href="https://www.thenationalnews.com/business/technology/2022/11/15/dubai-chamber-of-digital-economys-metaverse-academy-receives-more-than-150-applications/" target="_blank" rel="noreferrer noopener">According to The National Newspaper</a>, about 67 percent of the applications were submitted by digital firms from the UAE, Egypt, India, Jordan, the United Kingdom, Turkey, and the United States.



Only 30 start-ups will be chosen to join the training academy to be equipped with the tools and experience required to make them successful in the digital world.



The academy will start its training program from December 5 to December 14. The program will include four interactive sessions covering topics related to NFTs, blockchain, cryptocurrencies Web 3.0 technology, in addition to training the participants in the metaverse.



In this regard, Executive Director of the Dubai Chamber of Digital Economy Khalid Al Jarwan said these applications reflect the big interest in the metaverse and confidence in Dubai as a major digital hub.



According to Jarwan, the academy supports the chamber&#8217;s goals to make use of the opportunities emerging from the increasing digitalization and expansion in the Fourth Industrial Revolution in all business sectors.



Over the past few years, the UAE has positioned itself as one of the world’s prominent hubs for metaverse and blockchain technologies. It works on enabling digital assets companies to launch their operations in the country.



The Emirati government, in July, launched the Dubai Metaverse Strategy which aims to contribute $4 billion to the emirate’s economy. The strategy targets increasing the number of blockchain and metaverse companies fivefold within five years as well as offering 40,000 virtual jobs to be one of the top 10 global metaverse economies.



In an April global survey by Accenture, 71% of respondents said moving to the metaverse will have a positive business impact.

Dubai’s Burj Khalifa

More Than 150 Digital Start-ups Applied for Dubai Chamber for Digital Economy’s Metaverse Academy

The Future Health Summit, set to be held on February 2 as a part of the Arab Health will tackle the role which could be played by the metaverse in healthcare.



<a href="https://www.arabhealthonline.com/en/Home.html" target="_blank" rel="noreferrer noopener">Arab Health exhibition</a> will be held from January 30 to February 2 at the Dubai World Trade Centre with the participation of 3,000 exhibitors from 70 countries, in addition to government officials and CEOs.



According to a research report by Market Research Future (MRFR), titled Healthcare in Metaverse Market, the healthcare metaverse market is expected to go up at a compound annual growth rate (CAGR) of 48.3% by 2030, with an expected value worth $5.37 billion.



The exhibition will witness the debut of the Intelligent Health Pavilion and the return of the Future Health Summit in partnership with the Intelligent Health Association.



The summit will tackle incredible opportunities for the healthcare sector in the metaverse. It will shed light on the metaverse advantages in surgical operations, mental health treatment, and training.



In this regard, Exhibition Director for Informa Markets Ross Williams said over the past years, the healthcare industry witnessed astonishing changes, expecting utilizing the metaverse will revolutionize healthcare by benefitting from technologies of artificial intelligence (AI), augmented reality (AR), and virtual reality (VR) to improve patient health condition.



<a href="https://www.zawya.com/en/press-release/events-and-conferences/arab-health-to-showcase-the-5bln-healthcare-metaverse-market-ugk0yhj6" target="_blank" rel="noreferrer noopener">Williams added</a> that the metaverse will open new channels of treatment along with lowering its costs. He added: &#8220;The Future Health Summit is dedicated to trailblazers. From AI and robotics to the role of the Metaverse, the healthcare industry is continuously evolving. A result of cutting-edge technology combined with innovative leaders committed to improving patient outcomes.&#8221;



The last few weeks have witnessed momentum in metaverse-related activity in Dubai. The emirate hosted the Dubai Metaverse Assembly, the World Metaverse Show, and GITEX Global, with new announcements by companies to enter the metaverse.



Over the past few years, the UAE, especially Dubai, has positioned itself as one of the world’s prominent hubs for metaverse and blockchain technologies.



The Emirati government, in July, launched the Dubai Metaverse Strategy, which aims to contribute $4 billion to the emirate’s economy. The strategy targets increasing the number of blockchain and metaverse companies fivefold within five years as well as offering 40,000 virtual jobs.

Future Health Summit

Future Health Summit to Tackle Role of Metaverse in Healthcare

More than 40 financial technology startup founders are expected to participate in the annual Investor Day of the FinTech Hive on November 10, but this time will be in the metaverse.



FinTech Hive, which is backed by the Dubai International Financial Centre (DIFC), announced the epic event two days ago where the start-up founders will present their ideas and technologies and interact with other partners in the digital world for the first time, <a href="https://www.thenationalnews.com/business/start-ups/2022/11/04/dubais-fintech-hive-to-host-flagship-start-up-investor-event-in-metaverse/" target="_blank" rel="noreferrer noopener">according to The National newspaper</a>.



The metaverse-based Investor Day will witness the participation of 41 start-up founders&#8217; avatars from DIFC&#8217;s 2022 FinTech Accelerator Program with the participation of shareholders of prominent financial institutions in the Middle East, who will attend a virtual exhibition to watch ideas and interact with start-up founders in the digital space.



In this regard, Sector Head for FinTech at DIFC Mohammad Alblooshi said DIFC seeks to attract the world&#8217;s most innovative fintech start-ups and connect them with serious investors and potential partners.



Blooshi noted that the center shifted to the metaverse to offer the partners increased access to promising start-ups, which successfully graduated from the accelerator program.



&#8220;As we continue to cement our position as a global financial center and a FinTech and innovation hub, the metaverse will play a major role for DIFC FinTech Hive to lead innovation in the future of financial services,” Blooshi said.



The DIFC&#8217;s FinTech Hive, which is home to nearly 200 start-ups, is considered the first and largest financial technology accelerator in the Middle East, Africa, and South Asia (MEASA) region.



The DIFC FinTech Hive’s 2022 FinTech Report pointed to an increase of 78% in funding activity for the sector from the MENA region from 2020 to 2021 to reach $998 million.



Over the past few years, the UAE, especially Dubai, has positioned itself as one of the world’s prominent hubs for metaverse and blockchain technologies.



The Emirati government, in July, launched the Dubai Metaverse Strategy, which aims to contribute $4 billion to the emirate’s economy. The strategy targets increasing the number of blockchain and metaverse companies fivefold within five years as well as offering 40,000 virtual jobs.

FinTech Hive

DIFC FinTech Hive to Bring Start-ups and Investors in Metaverse on November 10

Everdome, an interplanetary metaverse project, announced that it would launch its first rocket in the metaverse to Mars on November 30.



Everdome Phoenix, set to be launched from Hatta Spaceport in the UAE, is a spaceship design inspired by imaginable and viable technologies, created in cooperation with the project’s space scientist partners. The spaceship will carry Tier-1 Evernauts, who are the first supporters of Everdome.



Everdome Phoenix will dock at Everdome Cycler in Earth’s lower orbit, a 3km long interplanetary vessel, which will witness the crossing of the first interplanetary metaverse community to their new settlement on Mars.



The Evernauts will arrive in Everdome’s city on Mars, located in Jezero Crater. They will enjoy multiple stories and experiences, including adventure, entertainment, learning, and trading in this ultra-realistic virtual space.



<a href="https://everdome.io/news/announcing-our-rocket-launch-countdown" target="_blank" rel="noreferrer noopener">In a statement</a>, the Dubai-based project said the rocket launch represents a milestone in the development of the metaverse, noting it is proof that the metaverse experience has a hyper-realistic style and could be breathtaking in execution.



&#8220;This launch is the fruit of many months of ideation, development, and design, and we are truly excited to be taking with you these first small steps for mankind into an interplanetary immerse metaverse future,&#8221; the Dubai-based company said in a statement.



The captivating launch will be streamed live on Youtube for the audience to see the real potential of the metaverse gathering both web2 and web3 audiences.

Everdome

Everdome to Launch First Metaverse Rocket to Mars

It sounds that the UAE would shift to the next phase of the development of the metaverse through its collaboration with Singapore&#8217;s Metapolis, the first Metaverse as a Service Platform (MaaS), to bring various businesses and services to the virtual world.



MaaS is an enterprise solution that allows organizations to develop and boost their footprint in a 3D virtual world to support cooperation, cryptocurrency, business processes, investments, and other related use.



Metapolis&#8217;s MaaS plans to launch a comprehensive service that brings all the economic sectors in the UAE and other Gulf Cooperation Council countries to the metaverse to increase their revenues and attract more clients to the virtual world, <a href="https://www.arabianbusiness.com/industries/technology/uae-now-home-to-worlds-first-metaverse-as-a-service-business#:~:text=The%20UAE%20is%20set%20to,sectors%20to%20the%20virtual%20world." target="_blank" rel="noreferrer noopener">Arabian Business Magazine reported</a>.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Co-founder &amp; CCO, <a href="https://twitter.com/sandra_tlibe?ref_src=twsrc%5Etfw">@sandra_tlibe</a> in talks with <a href="https://twitter.com/ArabianBusiness?ref_src=twsrc%5Etfw">@ArabianBusiness</a> about <a href="https://twitter.com/hashtag/Metapolis?src=hash&amp;ref_src=twsrc%5Etfw">#Metapolis</a> &amp; plans for expansion into <a href="https://twitter.com/hashtag/Dubai?src=hash&amp;ref_src=twsrc%5Etfw">#Dubai</a>. &quot;Our market research agrees with the general consensus that the UAE is the main hub for <a href="https://twitter.com/hashtag/Blockchain?src=hash&amp;ref_src=twsrc%5Etfw">#Blockchain</a> &amp; <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw">#Web3</a> for the foreseeable future.&quot;<a href="https://t.co/FODQXTpB7k">https://t.co/FODQXTpB7k</a>&mdash; Metapolis (@themetapolis) <a href="https://twitter.com/themetapolis/status/1587052630253391872?ref_src=twsrc%5Etfw">October 31, 2022</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



In this regard, Co-founder and Chief Commercial Officer at Metapolis Sandra Helou said the UAE and Gulf countries are increasingly accommodating the Web 3.0 community, therefore, it is natural for the Singaporean startup to announce the establishment of an international headquarters in Dubai.



&#8220;The networking opportunities [in the region] with government entities, other startups, and even large-scale multinational technology companies are huge. Our market research very much agrees with the general consensus that the UAE is the main hub for blockchain and web3 for the foreseeable future,&#8221; Helou told the magazine.



She noted that her startup has already inked agreements with prominent companies in the region on making them metaverse-ready, pointing out Metapolis plans to launch a set of new products for the UAE-GCC region.



According to her, Metapolis&#8217; role is to facilitate the inclusion of business models and various sectors in the digital world.



Metapolis, which is operating in the US, Europe, and Asia, announced that it would enhance its presence in the GCC region, however, there is no fixed time frame for this plan yet, she added.



Over the past few years, the UAE, especially Dubai, has positioned itself as one of the world’s prominent hubs for metaverse and blockchain technologies.



The Emirati government, in July, launched the Dubai Metaverse Strategy, which aims to contribute $4 billion to the emirate’s economy. The strategy targets increasing the number of blockchain and metaverse companies fivefold within five years as well as offering 40,000 virtual jobs.

Metapolis

UAE Collaborates with Metapolis to Bring Economic Sectors in Metaverse

The <a href="https://metaecoforum.io/" target="_blank" rel="noreferrer noopener">First Ecology and Sustainability Forum in Metaverse</a> will be held in Dubai on November 11, Founder of Satori Me Company Maria Ivina announced.



The forum will touch on several topics on its agenda, including Web 3.0, eco deep tech, education tech (EdTech), and eco-art with the participation of about 18 speakers.



Ivina noted that the participants would pick up eco-media-related opinions from influencers and trendsetters, <a href="https://www.gulftoday.ae/business/2022/10/28/dubai-sets-strong-foundations-for-metaverse#:~:text=The%20city%20is%20already%20setting,November%2011%2C%202022%20in%20Dubai." target="_blank" rel="noreferrer noopener">according to Gulf Today Newspaper</a>.



&#8220;We want not only to discuss the problem but also to show how we can resolve it. We will show the work&#8217;s effectiveness in developing green technologies. The forum is a platform for like-minded people with a common mission to help our planet,&#8221; she pointed out.



Ivina said that the core of holding the eco-forum is to draw attention to Earth&#8217;s ecology and address environmental issues using the latest technologies.



She also expressed her optimism about the metaverse in the future comparing it with social media in the beginning.



She looks forward to making the metaverse a good tool for creating platforms and communities of eco-activists, therefore there will be a big chance for holding more metaverse-based events to shed light on environmental issues.



She also shed light on the transformation of art through non-fungible tokens (NFTs), saying they are new and innovative technology for Art



The last few weeks have witnessed momentum in metaverse-related activity in Dubai. The emirate hosted the Dubai Metaverse Assembly, the World Metaverse Show, and GITEX Global, with new announcements by companies to enter the metaverse.

First Ecology and Sustainability Forum in Metaverse

Dubai to Host 1st Ecology and Sustainability Forum in Metaverse on November 11

The Etisalat store at Dubai Mall intends to create a replication for itself in the metaverse for its consumers.



The virtual store was showcased to the public during Gitex Global, held at the Dubai World Trade Center. Etisalat aims to make all its stores across the UAE accessible to everyone.



In this regard, Director of Infosys Technologies UAE, a consulting and IT services company, Abdul Mateen Mavad said the debut of the store in the metaverse and offering products in the virtual world is a massive advancement because the move will offer distinguished features.



Mavad clarified that any customer can access, navigate, purchase and benefit from the integrated services offered at the virtual store around the clock, regardless of his location, noting that what the customer does at the store will be done from his home.



“Once you tour the store you will see the products and services showcased and people can see the details of each product,” he pointed out.



The products will be viewed using virtual and augmented reality technologies, he said. Wearing VR glasses, people will have a captivating experience at the store.



Moreover, they can access it through their iPads or similar devices instead of VR glasses using touchscreen technology. The store also offers an interactive experience as customers can interact with each other in the virtual world regardless of their location.



Once a customer places an order on the metaverse, he will receive a QR code in an SMS message, through which the customer can get his purchases from any store across the UAE.



Earlier this month, Etisalat, e&amp;, launched its virtual world, e&amp; universe hosted virtually in Arcadia Planitia on Mars to provide an enriching experience for users through multiple virtual spaces and avatars based on the 5G technology.



Over the past few years, the UAE, especially Dubai, has positioned itself as one of the world’s prominent hubs for metaverse and blockchain technologies.



The Emirati government, in July, launched the Dubai Metaverse Strategy, which aims to contribute $4 billion to the emirate’s economy. The strategy targets increasing the number of blockchain and metaverse companies fivefold within five years as well as offering 40,000 virtual jobs.

Etisalat

Etisalat Opens Virtual Store in Metaverse

Commercial Bank International (CBI), a Dubai-based corporate and retail bank, became the first bank in the United Arab of Emirates to have a presence in the metaverse by launching its metaverse location.



CBI became one of the few banks which joined the virtual world at the level of the Middle East and globally.



Now, CBI clients have the access to get to the bank&#8217;s virtual location via Decentraland at cbi.dcl.eth or (63, -127) using the Decentraland map coordinates.



In this regard, CBI CEO Ali Sultan Rakkad Al Amri said: “We are proud to be the first ever bank in the UAE and among the first in the Middle East to bring the metaverse experience to our customers and people. It’s a testament to our strong support and belief in the country&#8217;s vision of being a leader in innovation worldwide.&#8221;



He noted that he looks forward to promoting the integration of the real and digital worlds asserting the bank&#8217;s keenness to implement new digitization initiatives and advanced technologies to offer better services for its clients.



CBI debuted its metaverse location during its participation in XVERSE, a space in Gitex Global, dedicated exclusively to those embracing metaverse technology, at their Activation Partner booth. Gitex Global 2022 kicked off on Monday at the Dubai World Trade Center, with the participation of 5,000 exhibitors in 26 halls. The event will last till October 14.



The Emirati bank has strategized an agenda to support the digitization and innovation aspirations of the UAE. As part of the agenda, CBI partnered with UAE burger brand, Pickel to showcase a real-time metaverse use case as they will go together to enable a digital economy.



Over the past few years, the UAE has positioned itself as one of the world’s prominent hubs for metaverse and blockchain technologies.



The Emirati government, in July, launched the Dubai Metaverse Strategy which aims to contribute $4 billion to the emirate’s economy. The strategy targets increasing the number of blockchain and metaverse companies fivefold within five years as well as offering 40,000 virtual jobs to be one of the top 10 global metaverse economies.

CBI Metaverse

CBI Becomes 1st Bank to Join Metaverse

The Dubai Chamber of Digital Economy, in cooperation with SEE Institute, launched a first-of-its-type training academy for preparing digital start-ups for the metaverse, web3, and NFTs.



The academy, titled “Future of the Digital Economy: Business in the Metaverse” will offer training programs that aim to equip these start-ups with the tools and experience required to make them successful in the digital world.



According to state-run WAM News Agency, as many as 30 businesses from Dubai and other destinations will be selected to join the academy.



They will be trained to understand the dynamics of business in the metaverse using the technologies of Virtual Reality (VR), Augmented Reality (AR), and Extended reality (XR).



The academy’s training course will include four sessions that will cover several topics, including the core principles of Web3, its history and roots, and successful and unsuccessful case studies of Web3 business strategies.



After completing the training program, the participating businesses will have the opportunity for showcasing their success stories before the audience at the Dubai Chamber of Digital Economy’s largest events next year.



The deadline for eligible digital startups to apply for the training program is October 31. The program will be from December 5 to 14.



Regarding the academy, Executive Director of Dubai Chamber of Digital Economy Khaled Al Jarwan said the academy is being launched within a framework of the chamber’s strategy to promote the growth of the digital economy sector and attract more digital firms to Dubai to be a leading digital economy hub.



Jarwan called on the firms in Dubai to keep updated with recent developments of Web3 and the metaverse and learn how to use them to expand their businesses and attract more customers.



Meanwhile, SEE Institute CEO Jasmina Locke asserted that the metaverse pushed organizations in Dubai to use blockchains, cloud technologies, and NFTs.



According to a report issued by the International Data Corporation in February, blockchain spending in the Middle East and Africa to go up 400% by 2023 from $21 million in 2019 to reach $105 million, with an annual growth rate of nearly 50%.



In a recent global survey by Accenture, 71% of respondents said moving to the metaverse will have a positive business impact.



Over the past weeks, the Emirati government and private institutions announced their intention to join the metaverse soon in light of its strategy to offer about 40,000 in this virtual world.



The UAE Ministry of Economy plans to launch its new headquarters in the metaverse to offer its services in the virtual world like the real-world headquarters.



Also, the Emirates Airline announced that it would train 4,000 new cabin crew in the metaverse as part of its plan to cut the role of the middleman.

Dubai

Dubai To Train Digital Start-Ups for Metaverse

The UAE Ministry of Economy announced launching its new headquarters at the metaverse on Wednesday.&nbsp;



This announcement was made by UAE Minister of Economy Abdalla bin Touq Al Marri while addressing the attendance at the Dubai Metaverse Assembly, organized by Dubai Future Foundation (DFF).&nbsp;



Bin Touq said that the <a href="https://upyo.com/en/news/metaverse">metaverse</a> could be a gate that qualifies the UAE to be a digital export hub and a prominent metaverse economy. 



According to Bin Touq, the metaverse is an economic equalizer that transforms key industries from logistics to real estate.&nbsp;



“The UAE has continued to support and empower emerging economic industries built around knowledge, innovation, and artificial intelligence,” the UAE minister underlined.



&nbsp;He described the metaverse as one of the exciting applications which could redefine the UAE&#8217;s diversified economy, adding asserting the importance of digital technology for his country’s economic model in the coming 50 years.&nbsp;



Bin Touq said the global metaverse market is predicted to hit $1.6 trillion by 2030, with total annual growth of 43.3%, pointing out that the UAE has the potential to be one of the top 10 metaverse economies in the world and a global investment center in this domain.



He added that his country became a center to develop leading web3 technologies and applications, referring to analysts’ predictions that the web3 market would hit a valuation of $80 billion by 2030.&nbsp;



<figure class="wp-block-image aligncenter size-full"><img decoding="async" loading="lazy" width="800" height="533" src="https://adminblog.upyo.io/wp-content/uploads/2022/09/UAE-Minister-of-Economy.jpg" alt="" class="wp-image-1727" srcset="https://3.111.63.208/wp-content/uploads/2022/09/UAE-Minister-of-Economy.jpg 800w, https://3.111.63.208/wp-content/uploads/2022/09/UAE-Minister-of-Economy-300x200.jpg 300w, https://3.111.63.208/wp-content/uploads/2022/09/UAE-Minister-of-Economy-768x512.jpg 768w" sizes="(max-width: 800px) 100vw, 800px" /><figcaption class="wp-element-caption">UAE Minister of Economy Abdulla Bin Touq Al Marri</figcaption></figure>



How To Enter The Ministry in The Metaverse



Khalifa Al Jaziri, the avatar representing the ministry in the metaverse, said visitors can enter the ministry&#8217;s headquarters after getting a virtual ticket or token and sending a notification to the ministry&#8217;s customer happiness center.&nbsp;



Jaziri noted the citizens are not required to visit the real-world headquarters as all services could be done in the digital world, adding each floor will have different purposes.&nbsp;



About The Event



The assembly is the first event that comes as a result of the implementation of the Dubai Metaverse Strategy approved by Sheikh Hamdan Rashid Al Maktoum in July.&nbsp;



The strategy aims to increase Dubai’s GDP by $4 billion, create 40,000 virtual jobs by 2030, lure 1,000 companies specializing in blockchain and metaverse technologies as well as transforming Dubai into a leading metaverse economy around the globe.&nbsp;



Many international organizations and companies are participating in the event, such as the World Economic Forum, META, MasterCard, Binance, BCG Digital Ventures, the Sandbox, PwC, Accenture, Dubai Blockchain Center, Bedu, and DeCentraland, among others.&nbsp;



Government entities and local organizations are also taking part in the event such as the Dubai International Financial Centre, DAMAC, Majid Al Futtaim, VARA, and Dubai Digital, among others, with the aim of evaluating national projects and exchanging experiences on the metaverse.

UAE Ministry of Economy

UAE Ministry Launches New HQ in Metaverse

<a href="https://upyo.com/en/news/nft">Non-fungible tokens (NFTs)</a> did not only succeed in attracting artists and collectors but also billionaires and businessmen. One of the most prominent businessmen, who entered the NFTs world and achieved a good reputation, is Ali Sajwani of the United Arab of Emirates (UAE). 



In this article, we will review Sajwani&#8217;s story with NFTs;&nbsp;



<h2>Who Is Ali Sajwani?&nbsp;</h2>



Ali Hussain Sajwani, 28, is the Chief Executive Officer of D-Labs and General Manager of Operations at DAMAC Properties. Born in 1995, Sajwani completed his bachelor&#8217;s degree in economics from Northeastern University in the United States.&nbsp;



Despite being in his 20s, Sajwani is one of the most influential characters in the Gulf region, not only in the UAE. He was selected by Arabian Business Magazine as one of the 100 most inspiring leaders in the Middle East.&nbsp;



<h3>His Career&nbsp;</h3>



Sajwani has a rich career. Inherited an entrepreneurial mindset from his father, Hussain Sajwani, the founder of DAMAC, Ali, from an early age, was keen on exploring new horizons, focusing on strategic business investments, particularly in the areas of technology, sustainability, and startups.&nbsp;



He established private projects like a transportation company, which he exited in 2020 after achieving revenues that hit 200%. He established a facility management company with 1,500 employees in the field of the luxury hospitality industry. His last private project was a short-term rental company, which is considered one of the most desirable sectors in Dubai.



Sajwani sits on the board of the family office for investments and is a founding board member of Emirates Angels Investors Association. In addition, he is the chief executive officer of D-Labs and the general manager of operations at DAMAC Properties.&nbsp;



<h3>Sajwani&#8217;s Story with NFTs</h3>



Sajwani was keen on entering the web3 world very early. He saw that the <a href="https://upyo.com/en/news/metaverse">metaverse</a> and NFTs worlds were developing very quickly. He entered this field from a different perspective, thinking that NFTs are a golden opportunity for Emirati companies, who look to regain control of their brands and grow their online communities.



He believes that along with the development of the web3 world, it was important for brands to strengthen their online presence not only through traditional websites but also through joining the metaverse and interacting with a new generation of consumers.&nbsp;



<h3>$100-Million-Investment In Metaverse&nbsp;</h3>



In light of his positive vision toward the virtual worlds and their role in developing Emirati companies, DAMAC announced investing $100 million in the metaverse in April this year.&nbsp;



DAMAC&#8217;s move comes within a framework of its keenness to achieve its goal to be a leading digital brand globally. In this regard, Sajwani believes that this step would help his company to enhance its digital presence and meet its digital asset needs, from virtual homes and real estate to digital wearables to digital jewelry.



He sees the metaverse as a tremendous addition to businesses, companies, and employees by bolstering collaboration and communication in a 3D environment, increasing customer engagement, and promoting customer loyalty, which will surely eventually lead to increased revenues.



<figure class="wp-block-image size-full"><img decoding="async" loading="lazy" width="849" height="440" src="http://adminblog.upyo.io/wp-content/uploads/2022/09/307311542_671985404498221_6550615076043357744_n.webp" alt="" class="wp-image-1544" srcset="https://3.111.63.208/wp-content/uploads/2022/09/307311542_671985404498221_6550615076043357744_n.webp 849w, https://3.111.63.208/wp-content/uploads/2022/09/307311542_671985404498221_6550615076043357744_n-300x155.webp 300w, https://3.111.63.208/wp-content/uploads/2022/09/307311542_671985404498221_6550615076043357744_n-768x398.webp 768w" sizes="(max-width: 849px) 100vw, 849px" /></figure>



<h3>Selling Real Estate With Cryptocurrencies&nbsp;</h3>



In light of Sajwani&#8217;s belief of what is digital, DAMAC announced accepting cryptocurrencies as a means of payment for purchasing real estate. He revealed that DAMAC achieved real estate via cryptocurrencies worth $50 million, AED183.5 million, since the beginning of 2022.&nbsp;



DAMAC is inking real estate deals worth $40 million every month through digital real estate 3D platforms via metaverse, targeting to increase this number to $150 million in 2023.&nbsp;



This vision comes in light of the popularity of real estate in virtual worlds, so Sajwani believes that his company&#8217;s entry into the metaverse would contribute to enhancing its sales and luring more international investors.



<h4>Golden Advice&nbsp;</h4>



Sajwani always advises companies and projects to invest in this promising space. On more than one occasion, he asserted the importance of entering the NFTs world, which represents an unprecedented opportunity for companies to create stronger loyalty to their brands among the communities in the metaverse.



You can follow Ali Sajwani on his official accounts on social media through these links:



<ul class="is-layout-flex wp-block-social-links"><li class="wp-social-link wp-social-link-linkedin wp-block-social-link"><a href="https://www.linkedin.com/in/ali-sajwani-08657387/" class="wp-block-social-link-anchor"><svg width="24" height="24" viewBox="0 0 24 24" version="1.1" xmlns="http://www.w3.org/2000/svg" aria-hidden="true" focusable="false"><path d="M19.7,3H4.3C3.582,3,3,3.582,3,4.3v15.4C3,20.418,3.582,21,4.3,21h15.4c0.718,0,1.3-0.582,1.3-1.3V4.3 C21,3.582,20.418,3,19.7,3z M8.339,18.338H5.667v-8.59h2.672V18.338z M7.004,8.574c-0.857,0-1.549-0.694-1.549-1.548 c0-0.855,0.691-1.548,1.549-1.548c0.854,0,1.547,0.694,1.547,1.548C8.551,7.881,7.858,8.574,7.004,8.574z M18.339,18.338h-2.669 v-4.177c0-0.996-0.017-2.278-1.387-2.278c-1.389,0-1.601,1.086-1.601,2.206v4.249h-2.667v-8.59h2.559v1.174h0.037 c0.356-0.675,1.227-1.387,2.526-1.387c2.703,0,3.203,1.779,3.203,4.092V18.338z"></path></svg>LinkedIn</a></li>

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