Governmental Entities Reach the Metaverse. Be ready!

UAE’s Ministry of Economy to Have Headquarters in the Metaverse

Speaking at the Dubai Metaverse Assembly, the UAE’s minister of economy, Mr. Abdulla bin Touq Al Marri, has announced that it is opening an office in the metaverse. This announcement puts the UAE at the vanguard of policymaking institutions.

Dubai’s Metaverse Assembly is the pioneer event in the world of Web 3.0 for the UAE following the Dubai Metaverse Strategy, a long-term state plan announced months ago.

The new HQ will use the latest tech to enable the ministry to sign bilateral agreements with other countries right inside the metaverse.

Others

There is good news for African blockchain developers as Polygon is hosting its first Web 3.0 Bootcamp and Hackathon in Kenya.

Music NFTs are starting to gain ground as OpenSea and Warner Music Group collaborate to give artists more opportunities by providing a Web 3.0 platform for them and their fans.

The business world seems ready for the metaverse, as a new report by Ciena indicates that 78% of business professionals are willing to try the “more immersive experiences”.

Zepeto, Asia’s biggest metaverse platform, is eyeing a global expansion in the Web 3.0 industry. The platform hopes to challenge other big tech companies competing in the virtual world.

The evolution of the Web 3.0 industry continues to gain ground. Even the skeptical business world is keen to embrace it. The evolution train is heading to its destination, and we will be here, alongside you, to bring you the highlights of this journey. Join us next week!