Dubai Metaverse Strategy To Support 40,000 Virtual Jobs, Says Crown Prince, GroveToken To Build First Metaverse

Dubai is all set to develop the metaverse and blockchain sector with its Dubai Metaverse Strategy.

Dubai is all set to develop the metaverse and blockchain sector and GroveToken is set to build its metaverse first under the Dubai Metaverse Strategy.

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Monday announced the launch of the Dubai Metaverse Strategy.

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 $500 million to our national economy,” he tweeted.

The tweet further said that the objective of the metaverse strategy was to support 40,000 virtual jobs and add $4 billion to Dubai’s economy in five years.