The Dubai Multi Commodities Centre (DMCC), a global business hub driving international trade, has announced the launch of the DMCC Crypto Centre Metaverse. This initiative marks a significant step forward for one of the world’s most prominent Web3 ecosystems, showcasing the practical application of next-generation technology in business.
Developed in collaboration with Infinite Reality, the Metaverse offers users an interactive and gamified experience. It allows direct engagement with the DMCC Crypto Centre team while providing access to specialized service clinics covering key areas such as banking, compliance, and insurance.
Belal Jassoma, Director of Ecosystems at DMCC, highlighted the transformative potential of the Metaverse. “Even under a moderate scenario, the global metaverse market is projected to exceed $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,” he said.
“This latest milestone drives global AI applications forward, 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,” Jassoma added.
Supporting Dubai’s Metaverse Vision
The development of the DMCC Crypto Centre’s Metaverse aligns with Dubai’s ambitious Metaverse Strategy. This vision aims to position the emirate among the top 10 metaverse economies globally, cementing its reputation as a leading hub for immersive technologies.
The strategy focuses on harnessing advanced tools such as artificial intelligence and blockchain to create a future-ready digital economy. The DMCC Crypto Centre Metaverse acts as a digital twin for the physical ecosystem, bridging the gap between traditional business models and innovative digital engagement.
By integrating gamified elements and user-centric service zones, the platform seeks to enhance the experience for businesses and individuals operating within the Web3 ecosystem.
As Dubai continues to push boundaries in digital transformation, the DMCC Crypto Centre Metaverse serves as a prime example of how technology can be leveraged to redefine business operations and foster innovation. This initiative is expected to attract global interest, solidifying Dubai’s leadership in the rapidly evolving metaverse economy.
Through its strategic approach, the DMCC Crypto Centre Metaverse is set to play a pivotal role in driving global engagement with Web3 technologies, ensuring Dubai remains at the forefront of digital innovation.