Dubai launches a Metaverse strategy that contributes $4 billion to the national economy
Dubai has released a Metaverse strategy which would add $4 billion to the local economy in five years. The new plan intends to quintuple the number of blockchain and Metaverse companies and create an additional 40,000 virtual jobs.
The plan is based on three pillars: fostering Metaverse innovation and economic contribution; developing Metaverse use-cases and applications in Dubai’s government; and infrastructure and regulatory refinement.