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Multiverse Labs launches government-backed metaverse city in UAE

The new metaverse city, dubbed Sharjahverse, was described by Multiverse Labs as a “photorealistic, physics-accurate” metaverse that encompasses the emirate’s 1,000 square-mile surface area. The virtual city will support the local tourism industry and potentially create new metaverse jobs, which aligns with efforts announced by the neighboring emirate Dubai earlier this year.

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Source: Cryptocurrency - investing.com

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Jim Cramer says market rallies will have a ‘short shelf-life’ until the Fed beats inflation