Having launched the metaverse strategy on July 18, the crown prince of Dubai and chairman of the Dubai executive council has confirmed Dubai’s metaverse strategy to boost its economy in the coming years.
The strategy is set to create about 40,000 virtual jobs for Dubai citizens as well as contribute about Dhs4bn to its national economy in coming years.
According to Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, “We launched the Dubai Metaverse Strategy today, which aims to foster innovation in new technology. Dubai is home to over 1,000 companies operating in the metaverse and blockchain sector, which contributes $500m to our national economy.”
“With the early adoption of metaverse technology, Dubai seeks to become one of the top 10 metaverse economies and a global frontrunner in adopting digital solutions,” he added in his tweet.
Alongside this announcement, Sheikh Hamdan also disclosed the intent to launch the Dubai Metaverse Assembly, a global event that will bring together regional and international experts in Dubai to shape the future of the metaverse and explore its promise and potential applications.
The Dubai Metaverse Assembly will take place at the Museum of the Future and Emirates Towers on the 28th and 29th of September this year. The assembly will look into how revolutionary technology can be applied in several sectors for a better future and to improve people’s quality of life.
More than 300 global policymakers, experts, thought leaders, and decision-makers from 40 organizations will be hosted at the Assembly.
It is noteworthy that you benefit from our ParadiseFamilyVIP discount code before it expires, use PRO20% for your 20% discount now; you will get the information and education from the Paradise Team to make you stand out in the midst of every other trader, we make daily analyses of Bitcoin, Ethereum, and other trending altcoins on Binance (Spot&Futures), Kucoin, and Bybit exchanges, make necessary adjustments on our positions to conform with the recent market situation.
Some of the ideologies we follow in our ParadiseFamilyVIP are
- Quality above quantity
- Protection of the capital is more important than trying to desperately make money
- Increasing our capital step by step
- Treating trading as a business, not as a casino.
All our trades come with the best Risk/Reward; before we post a signal, we do a proper technical and fundamental analysis of the coin we are about to open position on.
We also do a proper sentiment analysis of the whole market. The market is changing all the time, so we need to analyze the entire market situation every day. In the signal, we are sharing everything easy to follow; we share trades with always only one buy entry, so it is easier for our members to follow the signal and also so we are entering every Trade with the same position size, which is important if you want to be long term consistent in making a profit.
Click here for reviews from our clients.
Dubai Continuously Embracing Blockchain Technology
The Emirates is undoubtedly the leading country in its region when it comes to embracing and preparing for the metaverse.
Its government constituted a task force to track Dubai’s developments in the virtual economy earlier this year with a quest to leverage opportunities within the web 3 technology.
Also, more businesses in Dubai have been embracing the use of digital currencies through their adoption for payment for goods and services.
Join our telegram channels where we share our FREE updates and analysis on coins like BTC, ETH, and other trending altcoins. We also share our FREE secret insights. And also FREE market updates.