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Virtuzone Plans To Build V-Shaped Metaverse Skyscraper

The tower would offer a business ecosystem for freelancers, digital nomads, remote employees, and budding entrepreneurs.

Published

2 years ago

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virtuzone plans to build v-shaped metaverse skyscraper

Not content with creating “Mr. Musky”, the world’s first metaverse salesperson, the UAE’s tech startup scene is aiming even higher, with plans to erect an entire office tower inside of the digital universe. The project will be managed and executed by Virtuzone, in collaboration with pax.world.

It will function in much the same way as a traditional brick-and-mortar building, serving the freelance and digital nomad economy and acting as a virtual office and meeting space.

The tower is simply called “The V” and it will offer a fully interactive ecosystem complete with video conferencing, event spaces, and other function rooms, as well as metaverse avatars and a comprehensive suite of communication tools.

The idea behind the project is to incorporate real services and solutions into a completely digital space, enabling seamless communication and networking, plus solutions for accounting and auditing. The tower will even act as a hub for establishing highly tax-efficient legal entities and help businesses utilize legal decentralized autonomous organization structures (DAOs) while pairing with real-world offices and mailing addresses.

virtuzone partnership with pax.world to build v-shaped metaverse skyscraper

“It is our vision as a company to be at the helm of creating a borderless business environment, where geographical boundaries do not exist, and entrepreneurs from all over the world enjoy the freedom to do business and transact with one another in a secure environment,” says George Hojeige, CEO of Virtuzone.

Also Read: Intel And Broadcom Show Off Super-Fast Wi-Fi 7 Technology

Millions of digital nomads and freelancers from around the globe will be drawn to the V tower, which will serve as a metaverse headquarters. The building will also bolster the UAE’s digital economy, attracting investors and helping to shape the region’s continual digital development.

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UAE Prepares To Launch Two Satellites: Thuraya-2 And MBZ-SAT

HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum chaired the first meeting of the Supreme Space Council yesterday.

Published

5 days ago

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December 17, 2024

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uae prepares to launch two satellites thuraya-2 and mbz-sat

HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister of the UAE, chaired the first meeting of the Supreme Space Council in Dubai on December 16, 2024. The session highlighted the UAE’s ambitious space plans and took stock of the sector’s economic progress.

The council emphasized the growing role of private companies in advancing space technologies, noting that their contributions are now equal to that of the public sector. Members also praised initiatives like the Space Economic Zones Programme, which are designed to fuel innovation and investment in the space industry.

Discussing the UAE’s space journey, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum remarked, “The national space sector continues to grow and advance, and we take immense pride in the remarkable achievements we have accomplished over the years”.

Sheikh Hamdan also received updates on two upcoming satellite projects: Thuraya-2 and MBZ-SAT. Thuraya-2, developed by Space42, is slated for launch this December. Meanwhile, the MBZ-SAT, created by the Mohammed Bin Rashid Space Centre (MBRSC), will soon follow. MBRSC, a major driver of the UAE National Space Programme, continues to lead the nation’s space-related developments.

Space42 took the opportunity to showcase its advancements, including ongoing collaborations between public and private entities. The company also outlined strategies to promote innovation, boost revenue streams, and create new opportunities for growth in the sector.

Also Read: IBM Opens New Doha Office To Support Qatar’s Digital Growth

The UAE’s current projects build on a growing legacy of space exploration. Back in 2020, the nation made headlines with its Mars mission, successfully sending a probe into the planet’s orbit in 2021. This mission, which is now in its second phase as of June 2024, has been collecting critical data to develop a comprehensive diurnal image of Mars.

The UAE also ventured into lunar exploration with an unmanned mission aimed at studying untouched regions of the Moon’s surface. While the probe ultimately crashed during its landing attempt after communication was lost seconds before touchdown, the effort represented a significant step in the country’s exploration ambitions.

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