The Dubai Multi Commodities Centre (DMCC) has unveiled ‘DMCC Crypto Centre Metaverse’, marking a key step forward in the application of the technology while reinforcing Dubai’s position as a leading global Web3 hub.
The Metaverse, developed with Infinite Reality, a global leader in immersive technologies, will feature exciting gamified zones with prizes for users who participate. This immersive space provides unique opportunities for participating users to interact directly with the DMCC Crypto Centre team.
Belal Jassoma Director of Ecosystems – DMCC
“Even under a moderate scenario, the global metaverse market is projected to exceed USD 3.1 trillion by 2030. In launching the DMCC Crypto Centre Metaverse, we are not only providing a cutting-edge digital experience for our ecosystem members, but also demonstrating a real pragmatic use case of next-gen technology at the intersection of blockchain and AI. This latest milestone drives global AI applications forward, reinforcing Dubai’s status as one of the world’s leading innovation hubs, and paving the way for a future where the metaverse is scaled up and becomes a dynamic, open and interoperable space for the benefit of many industries.”
The users will also have access to a range of dedicated service clinics, covering key areas such as banking, compliance and insurance. To enhance Metaverse experience, a comprehensive dashboard has been designed, streamlining the processes and procedures for setting up a crypto business in Dubai. With this pioneering development, entrepreneurs can seamlessly establish their ventures within the thriving crypto ecosystem.
DMCC Crypto Centre digital twin falls in line with the ambitious Dubai Metaverse Strategy, focusing on elevating the emirate’s position as one of the top 10 metaverse economies globally while cementing Dubai’s status as a leading hub for immersive technologies.
