Dubai Multi Commodities Centre recently teamed with South Korean businesses to grow the Web3 and metaverse sectors.
Through this agreement, a new source of revenue will be generated by utilizing the experience of South Korean businesses engaged in blockchain and metaverse development.
In partnership with MetaverseSociety, the Dubai Multi Commodities Centre is set to open a new development hub for Web3 and the metaverse in Dubai.
- Due to its flourishing gaming sector and pop culture, South Korea is a key player in the cryptocurrency ecosystem.
- South Korea is renowned for its tech advancements in VR, Web3, and gaming spaces.
- The alliance is also anticipated to open new VR, AR, and MR employment prospects.
- The Dubai Metaverse strategy aims to develop new projects deploying Web3 technology.
