The UAE metaverse has recently been a prominent issue of debate. The term “metaverse” is still a myth, like we know which companies are investing in it, but we don’t know what it means.
It is widely assumed that ‘Metaverse’ will be focusing on new ways to help people connect, find communities and grow businesses, it will open up a whole new world of possibilities. Users may be able to effortlessly play games, communicate with one another and travel around the world.
What is Metaverse?
Metaverse is a combination of many features of the unstoppable advancement of technology. It seems as a persistent virtual world where players may buy and sell goods. You can own lands, shop, earn money, attend concerts and even work in Metaverse.
A real metaverse, an online virtual environment that integrates augmented reality, virtual reality, 3D holographic avatars, video and other forms of communication, has been developed in various ways. Metaverse evolution hopes that by linking the world’s users, this technology will help to connect to the world.
Dubai’s Metaverse Launch
UAE, the most advanced Arab area, opened the region’s first UAE metaverse themed lounge in Dubai’s Dubai International Financial Centre (DIFC) to give people a peek of the digital future. Dubai is the first one to make a step into the future of metaverse.
MetaTerrace is one-of-a-kind establishments that merges the digital and real worlds in accordance with the metaverse principle and lets you have the finest metaverse experience possible. The metaverse can be accessed through virtual and augmented reality and the lounge is based on that concept.
“With a magnificent view of the Burj Khalifa and Dubai skyline, combined with an option to conduct business and make bookings in most cryptocurrencies and blue-chip NFTs, MetaTerrace has all the makings to become the centre of Dubai’s crypto scene, where enthusiasts and entrepreneurs can launch their projects, host community gatherings and uphold the community spirit,” said Ciro Arianna, the co-founder and CEO of ColossalBit and MetaTerrace.
The most realistic view of the clubs and nightlife venue of the Dubai’s themed lounge intends to bring the digital and physical worlds together by having its own VR room where users can access alternate worlds, learn about blockchain technology, host meetups and engage in NFT and cryptocurrency talks using VR glasses.
Facebook Rebranding as Meta
Facebook recently rebranded as ‘Meta,’ which became the parent company name of Facebook. Facebook’s vision in the UAE metaverse could be groundbreaking in the world of technology and gives an artistic impression of what the future could be.
To assist building the next step in social technology, Meta is pushing beyond 2D screens and toward immersive experiences like augmented and virtual reality. This technological revolution must be in the process of laying the groundwork for what might become the metaverse.
Facebook is working on technology that will allow you to appear as a full-bodied avatar in a virtual area or as a hologram in the real-life living room of a friend who lives halfway around the world. The company’s expanding ambitions beyond social media are reflected in the new name.
Despite the fact that Facebook is up against new social media competitors and disgruntled government authorities who see its main app as outdated, it represents a significant step forward in its evolution and has to get to work.
UAE Metaverse Game
The world is preparing to welcome the metaverse and some of the best metaverse games have just become popular. Many people may be unfamiliar with the concept of metaverse gaming. Working in the blockchain and crypto sector, the gaming industry is at the forefront.
The online metaverse games companies include Sandbox, Axie Infinity, Sorare, Yield Guild Games, Mines of Darlania, Gala and Ultra. Furthermore, many of the most popular metaverse games are still in the works. These online game companies are likely to want to become a part of the metaverse’s evolution.
The bulk of these virtual worlds are linked to AR and VR in order to improve the gaming experience. The metaverse is a collection of virtual worlds that continues to exist after you’ve stopped playing the game. It is realistic to anticipate the emergence of top metaverse games in the next few years, which will have a significant impact.
Though elements of the metaverse exist already, such as virtual reality headsets and ultra-fast internet, they are not yet accessible. It is possible that the key elements of the metaverse will take a few years to become widespread, which is necessary for a successful future.
Technology is progressing and in the future, it may provide you with a hyper-real alternative universe in which to coexist. As digitization affects every aspect of society, metaverse-related advancements are projected to gain traction.