Dubai Multi Commodities Center (DMCC) has revealed the DMCC Crypto Centre Metaverse, marking a significant application of this technology within one of the foremost Web3 ecosystems worldwide.
In collaboration with Infinite Reality, the Metaverse will incorporate interactive gamified environments, enabling users to engage directly with the DMCC Crypto Centre team. Furthermore, participants will have access to specialized service clinics that address vital topics such as banking, compliance, and insurance.
Projected metaverse market growth
Belal Jassoma, director of Ecosystems at DMCC, mentioned that even in a moderate scenario, the global metaverse market is anticipated to surpass $3.1 trillion by 2030. He emphasized that by launching the DMCC Crypto Centre Metaverse, they are not only offering a state-of-the-art digital experience for ecosystem members but also showcasing a tangible use case for next-generation technology at the convergence of blockchain and AI.
Read more: The rise of generative AI: A threat to the metaverse?
He further noted that this latest achievement propels global AI applications forward, solidifying Dubai’s reputation as a leading hub for innovation and paving the way for a future where the Metaverse expands into a vibrant, open, and interoperable space that benefits numerous industries.
Alignment with Dubai’s strategic vision
The establishment of the DMCC Crypto Centre digital twin aligns with the ambitious Dubai Metaverse Strategy, which seeks to position the emirate among the top 10 metaverse economies globally and establish Dubai as a premier center for immersive technologies.
