Amicona’s subsidiary, The Sandbox, introduced the launch of Dubai-themed metaverse, known as “Dubaiverse.”The announcement of the launch was revealed on the 62nd True Global Ventures Convention held on September 15, 2022.Dubaiverse will probably be made in partnership with native corporations together with the digital brokerage agency GCEX, Khaleej Occasions, and Dubai crypto regulator, VARA.

The mannequin of “Dubaiverse” will probably be just like The Sandbox’s Hong Kong “Mega City” mannequin. In April, it introduced its second-phase growth with a sequence of partnerships with Hong Kong’s flagship Ocean Park, Regal Motels Group, luxurious media group Tatler Asia, enterprise capital agency Brinc, Web3 enterprise MADWorld. The Mega Metropolis mannequin may also embody the tourism, hospitality, tradition, media, training, banking, funding, music and leisure industries of Hong Kong.

In accordance with the Hong Kong metaverse mannequin, the Dubai themed metaverse may also embody a sequence of native partnerships with movie, music, leisure, performing, finance, actual property and gaming industries of Dubai.

The Animoca Manufacturers additionally shared the data that the primary purchaser of a plot in Dubaiverse was the crypto regulator of Dubai, Digital Property Regulatory Authority (VARA).

Moreover, the Managing Director of GCEX, Mehtap Onder, acknowledged that “the digital brokerage firm will also enter Dubaiverse to offer education on virtual assets.”

Khaleej Occasions would be the native information accomplice of “Dubaiverse”, which is following the same partnership like Hong Kong’s “Mega City” and the South China Morning Put up.

Sohail Nawaz, Digital Director at Khaleej Occasions, acknowledged that “As publishers, business models are being challenged around the world, and new business models are entering this space, it’s a really important strategic move for us.”

Other Metaverse Plannings in The Global Cities

The Co-founder and Chief Working Officer (COO) of The Sandbox, Sebastien Borget, mentioned that “the other urban-themed metaverses are planned in Singapore, Korea and Turkey.”

As well as, DBS financial institution final week launched its metaverse expertise on The Sandbox, which is able to staff up with The Sandbox to construct “SingaporeVerse,” aimed to carry the Singapore tradition to life within the metaverse.

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