Agarwal revealed that the government of Dubai plans to allow some of its departments to use the metaverse. This will reportedly allow citizens to perform some activities in a virtual environment in the future. He said:
Some experts also weighed in on non-fungible tokens (NFTs), the metaverse, and blockchain at the two-day summit organized by Khaleej times, with some companies already planning the transition to the virtual space.
One entrant is DAMAC, a real estate company in the region that has already invested about $100 million to develop an offering to allow potential customers to check into their luxury properties virtually. The firm’s General Manager of operations Ali Sajwani said:
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Source: Cryptocurrency - investing.com
