The Metaverse is a revolutionary technology with tremendous growth potential. By creating new digital experiences, businesses can immerse their customers in virtual worlds. But the Metaverse is more than just a gaming platform. It may enable businesses to sell products and interact with customers.
Businesses can communicate and collaborate in these new ways. This gives them the power to build businesses similar to the real world. The metaverse has applications in every industry, from VR-enabled clothing stores to creating virtual meeting environments.
Dubai: the new leader in the web3 space
Dubai is $30 trillion market, working in line with Oji’s Metaverse strategy. With this strategy, the Dubai government hopes to create more than 40,000 jobs for her.Additionally, it helps generate $4 billion to the profitability of the economy by 2030.
The strategic foundation has already been established, with several Web3 companies opening offices in Dubai. There are big industry names like Binance, FTX and Kraken.
These web3 companies have started operations in the country. They are here to serve people in the MENA region and around the world.The ultimate goal of the Metaverse strategy is to increase the contribution of the Metaverse to the extent of having his 1% share of the country’s GDP. That’s it.
Today, over 1,000 companies in the metaverse and blockchain sector contribute over $500 million to the economy. Even better, his one of the leading organizations in this industry, Meta, also has a strategy for expanding the world of the Metaverse.
In addition, Dubai also plans to build a digital twin city (one human reality) in the virtual world, presenting a huge opportunity for the industry. The digital twin city plan was created by the Dubai Municipality and unveiled at the World Government Summit. The Twin Cities has a computer-generated environment.
The city includes elements of social media, augmented reality, virtual reality, video games, cryptocurrencies, and other technologies. In this city, people can have their avatars interact with each other.
Regarding the City of Dubai, Director General Dawood Abdul Rahman Al Hajiri said: more real than you can imagine. ”
Dubai’s metaverse strategy relies on five pillars. Focus on government adoption of metaverse technology, talent development, and innovation.
Introducing Exgo | Build Your Business in the Metaverse
Exgoland It is one of a kind metaverse-enabled platform built on the Solana blockchain. As one of his pioneers in this industry in the MENA region, Exgoland is creating an environment for businesses to explore metaverse marketplaces, games, and digital assets.
Exgoland is a metaverse space boasting a variety of unique features and capabilities aimed at solving a set of challenges. Business owners can build, own and operate businesses in the metaverse.
The Metaverse allows users to buy land and build a business on their property. You can also rent out the land. It comes in three different land sizes and runs on smart contracts. Users can also mine land on the platform.
Members of Exgoland interact with a high quality, visually appealing interface. The motivation here is to bring people the Metaverse experience. Businesses that shop in the Metaverse will benefit from lower transaction costs, faster speeds, and higher security.
Developing Exgo in Dubai’s Metaverse Strategy
EXGO is a web3.0 company that builds solutions and services for enterprises. Exgo aims to be the leader in metaverse technology in the MENA region, and its strategy aligns with Dubai’s metaverse strategy. As government strategies are rolled out and further developed, Exgo plans to play a key role in realizing the potential of this technology.
Deepak Jain is an independent blockchain spokesperson.