Home » Dubai Chamber of Digital Economy’s metaverse academy receives more than 150 applications

Dubai Chamber of Digital Economy’s metaverse academy receives more than 150 applications

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The Dubai Digital Economy Chamber of Commerce, one of three chambers operating under the Dubai Chamber of Commerce We received 153 applications from school.

Launched last month in collaboration with Dubai-based SEE Institute, this specialized training program is designed to equip digital startups with the practical knowledge and tools they need to build and thrive in the Metaverse.

About 67% of the applications were submitted by digital companies in the UAE, followed by Egypt, India, Jordan, Turkey, the UK and the US. About 30 start-ups are selected to participate in the Training Academy. This training academy uses technologies such as virtual, augmented and augmented reality to train participants in the Metaverse.

Khalid Al Jhawan, Executive Director of the Dubai Digital Economy Chamber, said:

The Academy will take advantage of new opportunities arising from the increasing digitization and expansion of Fourth Industrial Revolution technologies across all business sectors, he added.

The Metaverse is a new space where people represented by avatars or three-dimensional representations can interact in a virtual world. Part of Web3the Internet’s next evolutionary step, with blockchain, decentralization, openness, and increased user utility among its core components.

Dubai and other emirates have taken many steps to integrate the Metaverse into the UAE economy and society. The Emirati government announced in July that he Dubai Metaverse StrategyI am aiming for Creates 40,000 jobs and adds $4 billion to the emirate’s economy for the next five years.

May, Dubai’s virtual asset regulator established Metaverse Headquartersmake it First regulatory authority in existence there.

Al Jarwan said the benefits of participating in the Academy program go far beyond training. Selected startups will have access to mentorship support and free sustainable co-working spaces in Dubai, along with the opportunity to speak at the Dubai Digital Economy Chamber’s biggest event in 2023, he said. .

The Training Academy will run the program from December 5th to December 14th. It features four interactive sessions that delve into a variety of topics such as irreplaceable tokens, blockchain and Web3 technologies, and how these practices can contribute to a more sustainable society.

Updated: Nov 15, 2022, 1:20 PM

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