UAE Rides the NFT and Metaverse Wave With These New Projects -

UAE Rides the NFT and Metaverse Wave With These New Projects

CRYPTO SIGNALS _ UAE sees a surge in metaverse and NFT projects.

DAMAC properties to introduce metaverse project soon in March.
Meanwhile, Sharjah launches the‘ Gateway to Metaverse’ NFT art exhibition.
Metaverse and NFT projects are now accelerating in the UAE. What makes them trending now is DAMAC properties’ plan to launch the metaverse project in March. Recently, Ali Sajwani, Managing Director of the company declared that his company is looking for different ways to include NFTs and metaverse projects.

As you know DAMAC is not only a multi-billion dollar property developer but also holds brands such as Roberto Cavalli (purchased in 2019). So, while most use the term metaverse loosely we think it is much more and we have come up with a solution where we bridge the physical and digital assets to allow for cross-utilization.’

UAE Rides the NFT and Metaverse Wave With These New Projects

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If the company gears up for the project, it would be the first of a kind for the London Stock Exchange-listed property developer.

UAE Rides the NFT and Metaverse Wave With These New Projects

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