Please try another search
Animoca brands’ subsidiary “ The Sandbox”, a virtual world that monetizes gaming experiences, announced the launch of a Dubai-themed metaverse called Dubaiverse. The announcement was made during the 62nd edition of the True Global Ventures conference on September 15, 2022.
Animoca Brands’ @TheSandboxGame will be taking its #HongKong „Mega City” #metaverse strategy to a new market in #Dubai, launching a “#Dubaiverse,” the company said at the 62nd edition of the @TrueGlobalVCs Conference.Read more: https://t.co/LFhKKypgOj#NFTs #blockchain #web3
— Animoca Brands (@animocabrands) September 19, 2022
Moreover, co-founder of The Sandbox, Sebastian Borget, elaborated more about the Dubaiverse project during a session titled ”After The Sandbox’s Hong Kong Mega City, What is Next in the Dubaiverse?”
While disclosing more details about the project, Borget said that they were building The Sandbox as a new digital nation without frontiers, a space dedicated to creativity.
Furthermore, Borget believes that the metaverse should be local and global, hence they work with the major regions of the world to share their culture, brand, and history in The Sandbox. Subsequently, during the making of this metaverse, he believes that it will enable users to access it, participate in the co-creation of this world, and even become virtual neighbors with them.
Borget, while revealing his thoughts, said:
Dubaiverse is a major step up for this [strategy] with the culture of MENA region being reflected in these first partnerships with Dubai’s VARA, Khaleej Times, and GCEX – the first among many to be announced.
It is reported that Dubaiverse will be inspired by The Sandbox’s Hong Kong Mega City project and will share some similarities.
Just as the Mega City project involves multiple Hong Kong partners from various industries, including film, music, finance, real estate, and gaming, the Dubaiverse is also believed to feature local entrepreneurs and influencers in the metaverse.
GCEX, a digital brokerage firm, is a new partner that will offer virtual asset education in an innovative new way with UAE’s English News Digital Platform, Khaleej Times, soon to join, according to their Chief Digital Officer.
The Virtual Assets Regulatory Authority (VARA) was the first to buy a plot of land in the Dubaiverse. VARA is the world’s first independent regulator of virtual assets and is the central authority for the global virtual asset industry in Dubai.
The post The Sandbox Announces the Launch of Hong-Kong-Inspired Dubaiverse appeared first on Coin Edition.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.