The DMCC Crypto Centre experience is an immersive digital twin of DMCC’s physical counterpart, a co-working space designed to accommodate a diverse range of businesses and organizations. The initial phase of the experience will allow users to explore and interact with DMCC’s ecosystem partners and meet both internal and external stakeholders in a virtual space, create virtual meeting rooms, produce digital events, and chat with an AI bot about registering a new company with DMCC.

“This experience is a perfect way for DMCC to lead in immersive and emerging technologies, transforming a traditional browsing experience into a more collaborative and engaging tool for their members,” says Sam Huber, CEO of MENA and Global President of Enterprise for Infinite Reality. “We are excited to support DMCC as they continue to innovate and develop services in digital, immersive worlds.”

Belal Jassoma, Director of Ecosystems for DMCC, says, “Even under a moderate scenario, the global metaverse market is projected to exceed USD 3.1 trillion by 2030. In launching the DMCC Crypto Centre Metaverse, we are not only providing a cutting-edge digital experience for our ecosystem members but also demonstrating a real pragmatic use case of next-gen technology at the intersection of blockchain and AI. This latest milestone drives forward global AI applications, reinforcing Dubai’s status as one of the world’s leading innovation hubs, and paving the way for a future where the metaverse is scaled up and becomes a dynamic, open and interoperable space for the benefit of many industries.”

The creation of the DMCC Crypto Centre digital twin aligns with the UAE government’s ambitious Dubai Metaverse Strategy. This initiative aims to position the Emirate as one of the top 10 metaverse economies globally and establish Dubai as a leading hub for immersive technologies. This immersive experience in particular stands as a testament to this vision, offering businesses a glimpse into the future of workspaces where users can engage in similar activities as they would in the physical world, such as walking around a space.

Experience the DMCC Crypto Centre here: https://experience.dmcc.ae/

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In 2022, Chalhoub Group initiated its journey into the metaverse and Web3 by launching a collection of 529 exclusive NFTs for its French luxury silverware brand, Christofle. These NFTs sold out within 5 minutes. Following this success, the Group introduced phygital sneakers for Level Shoes’ 10th anniversary celebration. In 2023, Chalhoub Group continued its pioneering efforts by unveiling the first-ever web3-native streetwear label SOL3MATES. .

Expanding upon the successful exploration of the Metaverse, Chalhoub Group’s investment in Boltable Studio is a key element of a holistic strategy to integrate web3 and virtual retail into its business model. This strategic move positions the Group to navigate future market changes effectively while mitigating resource risks. Furthermore, it represents a significant stride toward the future of virtual Shopping. Prior to their partnership, Chalhoub Group & Boltable Studio collaborated on the virtual Roblox collection for Christofle. In 2023, fifteen virtual items, created by Boltable Studio, sold over 120,000 times on Roblox, highlighting the platform’s significant potential.

The partnership with Christofle is a testament to Boltable’s ability to translate traditional luxury into the digital space, resonating with a new generation of consumers. Chalhoub Group has additional partnerships in progress to introduce (luxury) brands to Roblox. 

Nick Vinckier, Director of Corporate Innovation at Chalhoub Group, commented: “Our investment in Boltable Studio is a strategic step towards understanding and leveraging the metaverse and platforms like Roblox. These digital spaces are not just gaming platforms; they are the community centers and shopping destinations of the future, where we can connect with the customers of tomorrow, today. Partnering with a leader like Boltable Studio, renowned for their Roblox expertise and successful in-game brand Prince Clothing, aligns perfectly with our vision to be at the forefront of retail innovation.”

Zain Tambe, founder and CEO of Boltable Studio added: “Partnering with Chalhoub Group is a game-changer for Boltable Studio. Our years of experience in Roblox position us uniquely to bring luxury retail into this vibrant digital world. This partnership is more than an investment; it’s a fusion of Chalhoub Group’s luxury expertise with our innovative approach in Roblox, setting a new standard in virtual retail. Together, we’re not just entering the Roblox ecosystem; we’re redefining luxury retail for a new, digitally-savvy audience,”

Based in Abu Dhabi, Boltable Studio has been a trailblazer in the Roblox world since 2016. Their in-house brand, Prince Clothing, has sold over 30 million virtual items, demonstrating their profound understanding and success in this domain.

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Khalifa’s experience encompasses serving as CTO for blockchain and game studios, at the intersection of technology, gaming, and decentralized systems. His commitment to remaining at the forefront of technological advancements is evident through his exploration of emerging technologies such as virtual reality (VR), augmented reality (AR), the broader scope of the metaverse and its digital economy. Notable experiences include contributions to Dubai Expo 2020 Metaverse Expo, PUBG, Avatar 2, Sensorium Galaxy Metaverse with Carl Cox, Arab Hope Makers Dubai Game Fi, Nor Platform, and its C9 Games.

Landvault, renowned for constructing immersive, virtual experiences for major brands and organizations like Abu Dhabi Government, Mastercard, Standard Chartered, and Hershey, continues to pioneer technological advancements in the GCC region. Following its expansion into the UAE earlier in 2023, the company is substantially investing in the region – collaborating with local governments, real estate firms, and other undisclosed projects slated for reveal in Q1 and Q2 2024.

Mohamed Khalifa’s role will include crafting top-tier metaverse-engineered experiences that seamlessly blend technology with user-friendly accessibility. Khalifa is dedicated to creating enjoyable and easily accessible experiences, eliminating the need for third-party installations. His commitment extends to developing internal and external tools that empower users to integrate and shape their metaverse experiences.

“Exploring the vast landscape of the metaverse and the ever-evolving realm of technology has become a captivating journey for me. I’m eager to collaborate with Landvault due to the unparalleled experiences they have in the pipeline. Their commitment to interoperability aligns with my advocacy, allowing seamless movement of characters and assets across diverse virtual worlds. I’ve always emphasized this in my lectures, illustrating how, through platforms like Landvault’s Matera Protocol, an individual in a remote village can sell art globally by tokenizing and minting it as an NFT in a metaverse art gallery,” said Khalifa.

“Khalifa’s interest in the metaverse and technology is fueled by a passion for innovation and a strategic vision, and we look forward to the innovative advancements and transformative experiences that will arise from his leadership in the metaverse space,” said Samuel Huber, CEO of Landvault.

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“With the launch of Scienjoy Verse Tech Ltd, we are not just stepping into the future; we are shaping it,” said Dr. Zafer Isik, CEO of Scienjoy Verse Tech Ltd. “Dubai, a city famed for its technological and architectural marvels, offers the perfect ecosystem for our venture. Our mission is to create a Metaverse that is not only technologically sophisticated but also deeply integrated into the fabric of everyday life.”

Scienjoy Verse Tech’s Metaverse initiative will host diverse virtual environments, ranging from bustling digital cityscapes to serene, nature-inspired landscapes. Users will experience a level of immersion and interaction that transcends the boundaries of the present digital world. Reflecting the vibrant diversity the city of Dubai is known for, the platform is designed to be a melting pot of cultures, ideas, and lifestyles.

The company’s strategic approach involves eventually integrating its many wide-ranging projects, innovations and subsidiaries, including DVCC, SJ Media and SJ Music on one platform, with each venture bringing its own unique expertise to enrich the Metaverse. From advanced AI solutions and immersive entertainment to innovative e-commerce platforms and virtual social events spaces, Scienjoy Verse Tech Ltd is poised to offer a holistic and captivating virtual world experience.

“Imagine attending a concert, experiencing immersive shows, or creating music with talented people from around the world, all within the realms of the Metaverse. The possibilities are endless, and we are at the cusp of making these experiences an everyday reality,” added Dr. Khalifa Al Shimmari, CSO of Scienjoy Verse Tech Ltd.

Emphasizing the importance of user experience, Scienjoy Verse Tech Ltd is dedicated to creating a Metaverse that is accessible, inclusive, and secure. With a strong focus on entertainment and creativity, the company is committed to ensuring its digital advancements positively contribute to society and lifestyle.

Elaborating on the corporate vision that animates its Metaverse project, Dr. Isik further says, “The Metaverse is designed to foster a global community, breaking down geographical barriers and enabling users to connect, collaborate, and share experiences like never before. We at Scienjoy Verse Tech Ltd are keenly aware of the many unprecedented possibilities thrown up by emerging technologies, particularly in the digital realm, and aim to harness their potential to further greater global harmony and cooperation.”

As Scienjoy Verse Tech Ltd embarks on this journey, it invites partners, creators, and users to join in shaping a Metaverse that is not just a digital space but a platform for growth, creativity, and connection. With its base in Dubai, the company is strategically positioned to be a global leader in the Metaverse sector, driving innovation and setting new benchmarks in the digital world.

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The ‘DIFC Metaverse Accelerator Programme’, backed by programme partners Abu Dhabi National Insurance Company (ADNIC), DP World, and Daoverse Capital, onboarded 10 promising start-ups on 5 June 2023 with 3 months of intense bootcamp workshops to follow. 

Further supported by a network of over 60 DIFC Innovation Hub ecosystem partners, the ‘DIFC Metaverse Accelerator Programme’ also aims to stimulate investment opportunities by building a creator community equipped with technical and intrapersonal skills of the metaverse. 

Mohammad Alblooshi, CEO of the DIFC Innovation Hub, said, “Earlier this year, Dubai’s Higher Committee for Future Technology and Digital Economy endorsed the DIFC Metaverse Platform, positioning DIFC as the first government entity globally to champion an integrated Metaverse hub. To see the DIFC Metaverse Accelerator Programme come to fruition as part of that initiative with over 160 international applicants, a network of over 60 ecosystem partners, and 10 talented start-ups graduating already is encouraging and will no doubt inspire others to join us as we together embark on our next phase of growth.” 

The graduation of the first cohort was held as part of the programme’s Demo Day at the DIFC Innovation Hub, which saw talented entrepreneurs pitch and showcase the next wave of innovation to the region’s top venture capitalists, angel investors and industry leaders. The first cohort of graduates are: 

Artichoke Labs, a spatial computing company specialising in creating city-scale augmented reality applications; Cognitive Technologies, experts in establishing Internet-of-Things (IoT) networks to enable both hardware and software automation; Daoversal, an expansive blockchain-based Web3 social ecosystem platform; and DoDocs, which is building a service to generate legal documents in any language for any country or jurisdiction for both individuals and businesses.

Duverse, a start-up involved in developing and implementing advanced Artificial Intelligence (AI) solutions; Evometa, a boutique digital studio providing Metaverse-as-a-service solutions for enterprises in real estate, hospitality, industrial and automotive markets; and Flan, engaged in creating micro communities for clients and creative workers to meet, network, and discuss ideas were also part of the inaugural DIFC Metaverse Accelerator Programme. The debut edition of the programme also included Intelligent Assist and ShopDoc, two digital healthcare delivery platforms, and GoPal, a revolutionary Metaverse-based EdTech Platform.

Targeting a broad spectrum of Metaverse, Web3, AI, and AR/VR startups both locally and internationally, as well as potential Web3 investors and organisations, the DIFC Metaverse Accelerator Programme is poised to be a game-changer in this era of digital transformation in Dubai and beyond.

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The move follows the company’s recent launch of ChatGPT-powered artificial intelligence (AI) Avatars that will inhabit the world around us via augmented reality (AR). This ground-breaking development will deliver breakthrough opportunities across numerous business platforms – from e-commerce and retail to advertising, sales, general customer, and consumer interactions and more.

Commenting on the announcement, Andrey Almiashev, CEO, Spheroid Universe said: “Launching our token on MEXC will place SPH firmly on its trajectory towards growth as well as will bring the bandwidth that aligns with our aspirations for Spheroid Universe – putting Spheroid Universe as a leader in the metaverse projects, and the entire Extended and Augmented Reality industry.”

Millions of technology enthusiasts’ attention is directed towards Apple’s conference today, Tuesday, with anticipation for their announcement of entirely new products related to virtual reality and augmented reality. On the other hand, Spheroid Universe aims to integrate its artificial intelligence (AI) Avatars solutions with the anticipated smart Apple glasses, which, alongside the AI avatar, will create an immersive experience on all levels.

Spheroid Universe angles to be the battle-tested AR/XR platform across the entire landscape of web3, XR/VR and metaverse industries, ultimately helping to define the internet experience of the future.

Brands and organizations that are looking to create an immersive digital experience will make Spheroid Universe the place where they can truly demonstrate innovative experiences.

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Organized by the SCCI’s Sharjah Training and Development Center, the workshop aimed to educate the chamber employees about the prospective applications of Metaverse technology and to explore how it could enhance the services offered to SCCI members and affiliates, thereby aiding the realization of the UAE’s agendas.

The event, themed “What is Metaverse?”, took place today at the SCCI’s headquarters. Attendees included Maryam Saif Al Shamsi, the Assistant Director General for the Support Services Sector at the Sharjah Chamber, along with various department heads and a number of Chamber employees. Engineer Ali Salem Al Nuaimi spearheaded the session, delivering a comprehensive review of the industrial revolutions, culminating with a focus on the Fourth Industrial Revolution.

Al Nuaimi elucidated the concept of the metaverse, its constitutive elements known as ‘metaspheres’, and the necessary skills required to navigate and utilize them effectively. He emphasized the importance of harnessing these emerging technologies to serve the business community, aligning with the UAE’s strategic objectives concerning the digital economy, artificial intelligence, and the Fourth Industrial Revolution.

Speaking on the occasion, Maryam Saif Al Shamsi stressed that the Sharjah Chamber is committed to ensuring its employees stay abreast of cutting-edge innovations and technological advancements. She said, “We’re committed to fostering an optimal environment that empowers our staff to keep in step with the substantial progress being made within the UAE, especially in relation to metaverse technology.”

“Establishing a solid digital infrastructure is key, as it enables us to fully exploit new technical advancements and tap into the immense opportunities presented by the rapidly growing digital economy. This workshop, intended to enhance our digital service system, clearly demonstrated the participants’ eagerness to learn and benefit from the insightful content presented. It’s encouraging to witness such enthusiasm and active involvement in the knowledge-sharing process.” Al Shamsi added.

During the gathering, Engineer Ali Salem Al Nuaimi shed light on the UAE’s proactive initiatives to enhance its footprint in the global Metaverse landscape. He reviewed the nation’s swift measures aimed at keeping pace with this evolving sector, drawing attention to the Dubai Metaverse Strategy in this regard. This strategy seeks to position Dubai among the top 10 economies contributing to the Metaverse while establishing the city as a pivotal hub for the global Metaverse community.

Al Nuaimi delved deeper into the virtual and augmented reality, explaining how these technologies amalgamate the virtual and augmented worlds through distinctively designed applications that differentiate between the two. He went on to present various modern applications of the Metaverse, including telehealth care, digital twin technology, augmented reality-enhanced tourism and live events, shopping experiences facilitated by virtual and augmented reality, and the role of digital assets.

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The OKX Collective is a virtual metaverse environment that allows fans to experience Web3 first-hand and gain access to content, experiences and rewards from football ambassadors.

The experiences are designed to combine global sport with a completely new metaverse landscape, introducing football fans to a digital adventure that will bring them closer to the OKX ambassadors and their passions.

Together with OKX, Everdome has built the following OKX Collective metaverse football fan experiences:

● May 15, 2023 – An exclusive NFT trainer exhibition in OKX Collective Metaverse
● May 4, 2023 – A musical collaboration with exclusive DJ Set in the OKX Collective Metaverse
● April 2023 – OKX Collective content with football ambassadors, centered on training and decision making

The experiences are integrated into the larger OKX Collective metaverse, where each of the OKX football ambassadors has their own space, along with content linked to their interests that football fans and OKX followers can exclusively experience.

Within this new metaverse landscape in collaboration with OKX, football fans, cryptocurrency enthusiasts, NFT collectors and OKX followers will be able to enter competitions to win exciting prizes, including passes to team trainings, match tickets and much more.

Artur Kaczmarczyk, Chief Growth Officer at Everdome said: “Our partnership with OKX continues to grow from strength to strength, contributing to Everdome becoming an increasingly more in-depth and excitingly complex experience for all. We’re building more than just a metaverse community – we’re pushing boundaries and changing perceptions of what the connected world of Web3 can be.’’

Haider Rafique, Global Chief Marketing Officer at OKX said: “When we struck our Manchester City partnership we did so with one mission firmly in mind—to work together to supercharge the fan experience. OKX’s partnership with Everdome is helping us accomplish this by engaging fans, letting them interact with their favorite players and giving them access to exclusive player-created items. This is our Better future: Game On promise, but now we are living it.”

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During the two-day event, Shaffra will showcase the various applications of its MaaS solution across multiple industries, including government, retail, real estate, entertainment, and more. Visitors at Seamless 2023 will experience Shaffra’s platform firsthand through a demo, which will present the API-first metaverse engine of its platform that provides users full control over data while integrating with their websites, apps, and systems. They will also explore the platform’s versatility and witness how avatars can interact in diverse activities beyond traditional social interactions.

Alfred Manasseh, the co-founder and Chief Metaverse Officer of Shaffra, commented, “Shaffra aims to leverage the opportunity at Seamless Middle East to demonstrate how our MaaS platform can provide organisations with a distinct competitive edge. What sets us apart from the rest is our deep understanding of the specific challenges faced by organizations looking to enter the metaverse. Our platform is designed to tackle these issues head-on by offering tailored, cost-effective solutions that provide full control over user data and seamless integration with existing systems. Attendees can also expect to gain valuable insights into our plans to integrate AI technologies, which will enable them to generate unique, immersive experiences and virtual worlds instantly, moving beyond pre-built templates.”

Seamless Middle East 2023 will take place at the Dubai World Trade Centre from May 23 to 24, 2023. Attendees can gain more insights into Shaffra’s MaaS solutions by visiting Booth SE85 at the Startup Hub.

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On the announcement, Founder of BuzzAR, Bell Beh, commented: “We are delighted to be partnering with Cypher Capital to propel BuzzAR’s LBS Metaverse project, Project ‘DSpace’. Our goal is to provide an integrated Metaverse solution tailored to the unique needs and aspirations of these countries, and we believe that our collaboration with Cypher Capital is the perfect opportunity to do so.”

She added, “In support of Saudi Arabia’s national tourism strategy and other regional strategic plans, Project DSpace will provide an immersive and culturally diverse Metaverse solution that is expected to bring merchants and users together in a revolutionary new way.”

Bill Qian, Chairman of Cypher Capital Group: the lead investor on ‘DSpace’ said: “We are thrilled to support this ground-breaking joint initiative by BuzzAR and some of our gaming portfolios. As the lead investor in this project, we believe that ‘DSpace’ has the potential to revolutionize the gaming industry and pave the way for new opportunities in the AI+LBS Web3 Metaverse. I am more confident than ever before that our commitment to creating an immersive and culturally diverse Metaverse will not only bolster tourism and economic growth in the Middle East but also foster global connectivity and collaboration. We stand at the forefront of this exciting new era, and I eagerly anticipate the transformative impact Dspace will have on our world.”

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