Praised as being the new “it”, the digital revolution, the future of information processing and gathering, web3 has become somewhat of a trendy keyword in tech conferences, and beyond. There is no doubt the current web setting lacks privacy, is not made for proper rights ownership, and is too centralized. But when exactly will web3 take over?
In the wake of the successful launch of their immersive 3D Downtown Dubai environment, the DecentWorld – Swiss-owned metaverse platform – is preparing for new advancements and exciting releases which are exactly what web3 proponents promise. The team is building towards its impressive and ambitious goal of enhancing the DecentWorld metaverse beyond its current scale.
Kick-Starting with Dubai Dubai is a well-known city for more than just its upscale shopping, cutting-edge buildings, and vibrant nightlife. It is also the epicenter of technological innovation and fintech start-ups. Aiming to be at the frontier of modern innovation, the city recently developed the “Dubai Metaverse Strategy”, through which the government intends to create more than 40,000 virtual jobs, thereby attracting investors and further improving the country’s economy.
Aiming to showcase the architectural phenomenon of one of the world’s greatest metropolises, as well as to demonstrate the city’s ambitious goals, the DecentWorld team chose Dubai as the first city to interpret in their metaverse experience.
“Dubai is a city of innovation, the leading global center of trade, so it was logical to choose as the first city to create” the team shares. “We want to invite our users to experience our take of this marvelous city with their own eyes as if it was already next year. Most modern technologies like Unreal Engine, used by such giants like Volkswaggen or Warner Bros, made it possible to do it so quickly and so efficiently”.Setting-up for Prospective Possibilities Starting with Dubai, the DecentWorld team is planning to populate the metaverse with more of the world’s most famous cities, such as New York, London, or even São Paulo. All that while also giving their users a chance to full ownership of their digital assets.
“We have also placed billboards in the 3D Downtown Dubai environment, open for business plugs. Now anyone interested in metaverse advertising can seamlessly amp up their marketing game with a simple share. Our main goal is for the metaverse to become the center of interaction, co-creation, and entertainment for our users” the team explains.DecentWorld hopes to serve as a point of entry for enterprises into the metaverse thanks to its comprehensive, realistic, and high-quality digital representation of the real world. Forward-thinking businesses and artists from all backgrounds will be enabled to easily enter the virtual market and connect with future generations.
The Future Is Metaverse Although the initial idea of the metaverse was adopted back in 2003 in the gaming industry, it was only picked up by Big Tech over the last two years. Although skeptics consider it to be a short-term trend, experts estimate that the global metaverse market could potentially generate $750 billion in opportunities by 2030, indicating an exponential rise in demand for 3D experiences in the near future.
“We are confident that the metaverse will have a significant impact on how we interact, create, work and learn in the near future. We are extremely excited to be able to be part of this technological development, and play a role in its growing significance” the team shares.About DecentWorld DecentWorld is a Swiss metaverse digital real estate platform built on blockchain technology to introduce a next-generation Web3 experience. The platform allows members to mint and trade digital Street NFTs, which can then be combined into Collections. Completed and staked Collections have additional value as they generate yield that is paid out to the owner. Using state-of-the-art security features, DecentWorld also stands for trust and transparency in the blockchain industry.
To fully explore our metaverse, please visit www.decentworld.com.
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