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Home Events Dubai To Be the Web 3 & Metaverse Capital of The World
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Dubai To Be the Web 3 & Metaverse Capital of The World

  • by Dhaval
  • 2022-08-19
  • 0 Comments
  • 1 minute read
  • 1731 Views
  • 4 years ago
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Dubai To Be the Web 3 & Metaverse Capital of The World

The tech investment world has grown rapidly in the last 20 years since the dot com boom. Investors have gone from investing in microchip manufacturing companies to internet marketplaces such as Amazon and eBay. And even though investors understand the rapid changes & growth of the tech world, they have been having a hard time investing in Web 3.0 (Crypto, Blockchain, etc.) & Metaverse world. However, this all changed when Mark Zuckerberg announced that Meta is building the Metaverse.

The Metaverse concept coming to reality helped investors understand how the world will shift from a Web 2.0 world which runs on a centralised internet to a Web 3.0 world that works seamlessly in a decentralized fashion. Moreover, this allowed investors to see that the value crypto brings is not just about tokens that go up and down in price but that crypto is about a peer-to-peer transaction system that is fast and connected to all aspects of Web 3.0 and the Metaverse. And this is how tech will evolve and be pushed to the next level. And since then, governments around the world have announced billions of dollars in funding for Metaverse and Web 3.0 development.

Dubai To Be the Web 3 & Metaverse Capital of The World

In fact, the Dubai government aims to create 40,000 jobs in the Metaverse over the next 5 years as well as add $4 Billion to the economy through Metaverse and Web 3.0 development. And it’s for this reason that a summit such as METAVSUMMIT exists. METAVSUMMIT helps bring the top Web 3.0 and Metaverse companies from over 20 countries to meet investors and strategic partners in Dubai. With the help of Title Sponsor www.CyCoin.com, which is one of the largest Web 3.0 ecosystem projects with their own Metaverse, METAVSUMMIT will bring together hundreds of founders and engineers from the Metaverse and Web 3.0 world to showcase their companies and innovations in Dubai on Sept 14th to 15th 2022.

Dubai To Be the Web 3 & Metaverse Capital of The World

METAVSUMMIT continues to focus on making sure that Dubai & GCC investors and strategic partners are being educated to maximum capacity on Web 3.0 and Metaverse developments. And the event will continue to push for this mission as the belief in a Web 3.0 decentralized world is strong and much needed for humanity to progress without borders.

To learn more about METAVSUMMIT, please visit: www.metavsummit.com

To contact METAVSUMMIT, kindly email [email protected]

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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BITCOINBitcoin FutureBitcoin PredictionBitcoin PriceBitcoin TradersCryptoCrypto exchangeCrypto MarketCrypto TradersCRYPTOCURRENCYDubaiMetaMetaverseWeb 3.0Web3Web3 Adoption

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Dhaval

Dhaval

Author
Dhaval Aggarwal covers cryptocurrency markets and Web3 venture investing for BitcoinWorld. His reporting focuses on funding rounds, exchange listings, on-chain treasury activity, and the partnerships connecting crypto-native firms with traditional finance. Since joining the desk in 2023, he has tracked the deal flow behind major Layer-2 networks, Bitcoin treasury programs, and institutional adoption stories. He writes daily news pieces for active traders and longer analyses for readers following where the next cycle of crypto growth is heading.
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