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Metarverse Holdings develops virtual copies of UAE metropolises
Metarverse Holdings from the UAE has announced a grand project. It plans to create meta versions of Dubai and Abu Dhabi, and they will be the first such development in the field of placement of full-scale copies in virtual reality.
The developers of the company estimated the project at about $ 54.5 million, and the output of the first version of the meta-cities is expected at the end of this year. At first, only a limited number of users will be able to interact in the new space, but the authors promise to make it available to players from around the world soon.
According to Metarverse Holdings, the project will show the unique places and modern architecture of Dubai and Abu Dhabi to a huge number of people. In addition, they will be able to live in the metropolis without leaving home. The developers promise a realistic picture and drawing of all the details that give the charm of Arab cities. The use of augmented reality devices will make the trip through the virtual metropolises almost the same as it would be in reality on a trip to the emirates.
Metarverse Holdings offers a user-friendly platform that is ideal for various VR devices. In addition, the metaverse from this developer is focused on fast data transfer, so that the quality of the picture remains at the highest level.
As in other metaverses, it will be possible to make transactions with NFT, make purchases in giant shopping malls, and purchase advertising media on the streets of virtual UAE cities. In addition, users will be able to attend various entertainment events, get knowledge in educational institutions and even execute necessary documents in state organizations.
Metarverse Holdings chose two Arabian metropolises for a reason. The company wants to emphasize that these cities are actively working towards the development of advanced technologies and introducing them into the daily lives of citizens and guests of the emirates.
It should be noted that the UAE authorities promote the country to take a leading place in the world in terms of technology. For this purpose, the government introduces various programs to stimulate and support the innovation sector, attracts specialists from other countries, and helps start-ups to develop.
In the summer, a new committee was established in Dubai to focus on the digital economy. Its main goal is to develop artificial intelligence technologies and their implementation in various market sectors. In this way, the authorities intend to increase opportunities for economic growth and create an innovation hub for generating the best digital products. In addition, the committee plans to invest in the development of metaverses and the development of virtual communications that will benefit the emirate. Now the team of the new project is exploring all the possibilities of areas such as Web3, cloud computing, artificial intelligence, and blockchain. Active attention is also being paid to the creation of AR/VR devices.