Dubai will be the world capital of Web 3 and the metaverse

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The world of tech investing has grown rapidly over the past 20 years since the dot com boom. Investors moved from investing in microchip manufacturing companies to internet marketplaces such as Amazon and eBay. And even though investors understand the rapid changes and growth in the world of technology, they find it difficult to invest in the Web 3.0 world (Crypto, Blockchain, etc.) and Metaverse. However, that all changed when Mark Zuckerberg announced that Meta was building the Metaverse.

The realization of the Metaverse concept has helped investors understand how the world will move from a Web 2.0 world operating on a centralized Internet to a Web 3.0 world operating in a transparent and decentralized manner. Moreover, it allowed investors to see that the value provided by crypto is not just about tokens whose price goes up and down, but that crypto is about a fast peer-to-peer transaction system connected to all aspects of Web 3.0 and Metaverse. And this is how the technology will evolve and be pushed to the next level. And since then, governments around the world have announced billions of dollars in funding for the development of Metaverse and Web 3.0.

In fact, the government of Dubai aims to create 40,000 jobs in the Metaverse over the next 5 years and add $4 billion to the economy through the development of Metaverse and Web 3.0. And it is for this reason that a summit like the METAVSUMMIT exists. METAVSUMMIT helps bring top Web 3.0 and Metaverse companies from over 20 countries to meet investors and strategic partners in Dubai. With the help of the title sponsor www.CyCoin.comwhich is one of the largest Web 3.0 ecosystem projects with its own Metaverse, METAVSUMMIT will bring together hundreds of founders and engineers from the Metaverse and Web 3.0 world to showcase their companies and innovations in Dubai from September 14-15, 2022 .

The METAVSUMMIT continues to ensure that investors and strategic partners in Dubai and the GCC receive maximum training on Web 3.0 and Metaverse developments. And the event will continue to push for this mission because the belief in a decentralized Web 3.0 world is strong and essential for humanity to progress without borders.

To learn more about the METAVSUMMIT, please visit: www.metavsummit.com

To contact METAVSUMMIT, please email [email protected]

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