Metayo To Join Dubai’s Metaverse

Metayo-to-join-Dubai’s-metaverse

Metayo will work to enhance the interoperability between metaverses, building bridges between these digital worlds

Metayo has announced that it will join Dubai’s metaverse ecosystem. This comes soon after Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum announced the new metaverse strategy, adding 4000 metaverse and blockchain companies to the existing 1000, creating 40,000 new virtual jobs and adding $4 billion to the city’s GDP within five years.

Metayo, the German Metaverse holding company with patented and proprietary software solutions, will be a crucial player in this new ecosystem.

Metayo will work to enhance the interoperability between metaverses, building bridges between these digital worlds. Metayo will utilise its patented software solution Holoswitch application, to do this.

In addition, Metayo will utilise NFT (Non-Fungible Token) technologies to digitise luxury goods, making them accessible for the Web3.

In April, global investment bank Citi said the potential size of the worldwide metaverse market could be $30 trillion by 2030. However, other firms, such as the Big Four accounting firm KPMG have said that these figures may be too conservative.