News

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

5 months ago

September 14, 2022

Nour Nasir

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.

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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.

News

World’s Largest Metaverse Developer Opens Dubai Office

LandVault, the largest metaverse creator, is expanding its presence into the MENA region.

Published

4 hours ago

February 8, 2023

Nour Nasir

world's largest metaverse developer opens dubai office

LandVault, the world’s largest metaverse developer, will expand operations to Dubai later this month as part of an ongoing strategy to boost its presence in the MENA region. The company aims to help local businesses gain a foothold in the expanding web 3.0 universe and sees exciting opportunities to bolster its client portfolio.

So far, metaverse developer LandVault has lived up to its name, creating and curating over 100 square feet of virtual space for a diverse range of organizations, including the nearby Yas Marina Circuit, Aldar, Mastercard, Standard Chartered, World of Women, Hershey’s, and many more.

The Dubai government’s Metaverse Strategy is one of the key reasons LandVault has been inspired to move to the region, as leaders plan to transform the Emirate into one of the world’s top 10 metaverse economies by 2030. Eventually, it’s hoped that in excess of 1,000 companies in the blockchain and web 3.0 spaces will be inspired to set up entities in the region, creating around 40,000 new jobs in the process.

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“We are excited to open our office in Dubai and to be a part of the vibrant tech community in the UAE. The MENA region is a key market for us, and we believe that our presence in Dubai will allow us to assist the region and explore new opportunities. We are also excited about the potential for the metaverse in the real estate industry in the UAE. We look forward to working with developers and real estate companies to showcase their properties in a new and innovative way,” says Sam Huber, CEO of LandVault.

Alongside developing the metaverse from its new Dubai office, LandVault will also deploy its technology to assist the UAE’s real estate sector. Developers will soon be able to showcase their projects in a way that was never previously possible, reaching a much wider audience with immersive and interactive property tours and even virtual showrooms.