![]() ![]() Karyn Naidoo from Zengary, strategic consultant to Metarverse Holdings, said, "Following the upcoming launch of the Beta version, we will release more key locations across the emirates with a focus on creating virtual spaces that are visually, topographically, and geometrically scaled to recreate the most realistic feeling in the Dubai and Abu Dhabi metaverse, with space for endless, interconnected virtual communities using virtual reality headsets, augmented reality glasses, smartphone apps, and other devices. In order to make this possible, they are now on the ground in Dubai and working with various stakeholders to develop partnerships and deploy innovative technologies that will make the online experience more interactive and truly engaging, which is second to none. Their goal is to create a safe metaverse where everyone can feel at home and connect with one another in an online environment. Meanwhile, Metarverse Holdings is committing $54 million to the project for the current and future development of the platform. "This is going to solve a huge problem in the web3 space, and we are fully committed to delivering a world-class platform," says Reddy. "After carefully examining other leading regions, the decision was made for Dubai and Abu Dhabi to be the very first simulated cities within our new high-end metaverse," stated Priven Reddy, the founder of Metarverse Holdings, who is one of the leading global innovators in VR, XR, and Web3. This will include functionality to browse and shop from the biggest retail brands and stores, buy advertising space in the virtual city, attend simulated lectures, along with the ability to apply for residency visas, business licenses, and more. Users can find synergy between their needs and the platform that encompasses web3 blockchain technology. It is meant to stream swiftly, in contrast to current virtual reality applications that build small-scale, digital fantasy worlds. The new platform through various partnerships is introducing a comprehensive, real-world, utility-based metaverse with full multi-device interoperability. Not only will the city offer an engaging and realistic experience, but it also has the potential to be a vital conduit of communication and international collaboration in the future. Together with Metarverse Holdings, Dubai is establishing a case for itself as a cutting-edge virtual metropolis. The Dubai metaverse will include everything from universities and events to shopping malls and business districts. The first of several hyper-realistic virtual cities, Dubai will provide a wide range of attractions, offerings, and possibilities that will make you feel as though you are actually there.
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