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.
“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.
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.
LEAP 2024 Will Shine A Light On Female Innovators In Technology
Women comprise nearly a third of the event’s speaker lineup alongside a dedicated program of high-level content, investment, and mentorship.
LEAP 2024, a premier global technology event, will highlight the achievements of women in the technology sector as it returns for its third edition at the Riyadh Exhibition and Convention Centre in Malham district from March 4 to 7.
Hosted by Tahaluf, a strategic collaboration between Informa PLC, the Events Investment Fund (EIF), and the Saudi Federation for Cybersecurity, Programming, and Drones (SAFCSP), LEAP 2024 will feature a dedicated program titled “Women in Tech”. The program will offer enriching content, investment opportunities, networking sessions, mentorship programs, and a special startup award.
The initiative aims to inspire women to actively participate in the technology industry, aligning with broader diversity efforts. Reflecting the Kingdom’s commitment to equality, the focus on “Women in Tech” coincides with the increasing female participation at LEAP events.
Annabelle Mander, Senior Vice President of Tahaluf, emphasized the event’s commitment to gender inclusivity, stating, “Female representation is across all of LEAP’s features and reflects the event’s mission of driving economic diversification and providing market access to international business. Within Tahaluf itself, half of our team members are women, and women make up half of our SMT, too”.
The “Women in Tech” program will feature distinguished speakers including Nadine Hachach Haram, CEO and Founder of Proximie, and Sahar Albanarna from IMPACTIQUE Bahrain, who explained: “Over 26 million women worldwide with professional experience and degrees are not in the global workplace. This demographic includes a huge pool of untapped talent which technology can help unleash to fuel the co-creation of exponential solutions across multiple sectors. To help women access productive employment, we urge industry leaders to support high-impact female entrepreneurs as a means to boost their economies and accelerate the UN’s sustainable development goals by promoting inclusive and sustainable economic growth”.
The event will also provide a platform for female-led startups and entrepreneurs to pitch for funding and support through various initiatives such as the Women’s Investor Forum, Entrepreneur Mentorship Scheme, and the Aviatrix Award at the Rocket Fuel pitch competition, offering a prize fund of US$150,000.