cryptocurrency

Dubai to be Web 3 and the Metaverse capital of the world

The world of technology investment has seen rapid growth in the past 20 years since the internet boom. Investors have moved from investing in microchip manufacturers to online marketplaces such as Amazon and eBay. And although investors understand the rapid changes and growth in the world of technology, they have a hard time investing in Web 3.0 (Crypto, Blockchain, etc.) and the Metaverse world. However, that all changed when Mark Zuckerberg announced that Meta was building the Metaverse.

The real-world Metaverse concept helped investors understand how the world will transform from a centralized Web 2.0 world to a seamlessly decentralized Web 3.0 world.

Moreover, this allowed investors to see that the value that crypto brings is not just about tokens that go up and down in price but that crypto is about a fast peer-to-peer transaction system that is connected to all aspects of Web 3.0 and Web Metaverse. This is how technology will evolve and take it to the next level. Since then, governments around the world have announced billions of dollars in funding to develop Metaverse and Web 3.0.

In fact, the Dubai government aims to create 40,000 jobs in the Metaverse over the next five years as well as add $4 billion to the economy through the development of Metaverse and Web 3.0. That is why there is a summit like METAVSUMMIT. METAVSUMMIT helps bring the best Web 3.0 and Metaverse companies from over 20 countries to meet investors and strategic partners in Dubai.

With the help of the title sponsor www.CyCoin.comMETAVSUMMIT, one of the largest Web 3.0 ecosystem projects with its own Metaverse, will bring together hundreds of founders and engineers from the world of Metaverse and Web 3.0 to showcase their companies and innovations in Dubai from 14-15 September 2022.

METAVSUMMIT continues to focus on ensuring that investors in Dubai and the GCC and strategic partners are educated to the fullest capacity on Web 3.0 and Metaverse. The event will continue to advance this mission because the belief in a decentralized world of Web 3.0 is strong and desperately needed for humanity to advance without limits.

disclaimer: TheNewsCrypto does not endorse any content on this page. The content described in this press release does not constitute investment advice. TheNewsCrypto recommends our readers make decisions based on their own research. TheNewsCrypto is not responsible for any damage or loss related to the content, products or services mentioned in this press release.

#Dubai #Web #Metaverse #capital #world

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