Dubai Chamber launches metaverse academy

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Dubai Chamber launches metaverse academy
Dubai Chamber launches metaverse academy

To help participants experience and understand the dynamics of business in the metaverse, a total of 30 businesses from Dubai and other markets will be selected to join the training academy, which utilises Virtual Reality (VR), Augmented Reality (AR), and Extended reality (XR) technologies

A metaverse academy under the name the “Future of the Digital Economy: Business in the Metaverse” Academy has been launched by Dubai Chamber of Digital Economy, and SEE Institute.

Designed to equip digital start-ups with practical knowledge and tools they need to build in the metaverse and leverage Web3 to their benefit, this will be the first-of-its-kind specialised training programme.

To help participants experience and understand the dynamics of business in the metaverse, a total of 30 businesses from Dubai and other markets will be selected to join the training academy, which utilises Virtual Reality (VR), Augmented Reality (AR), and Extended reality (XR) technologies.

The training is divided into four sessions covering the core principles of Web3, its history and roots and case studies of Web3 business strategies that have succeeded and failed. In addition, sessions will look at the value of non-fungible tokens (NFTs) as a new way of communication between brands and customers and how to manage expectations of different blockchains.

Upon completion of the programme, participants will benefit from mentorship support in Dubai, and gain access to a free sustainable co-working space, while they will also have the opportunity to share their success stories with an audience at Dubai Chamber of Digital Economy’s biggest events in 2023.

To support the growth of the digital economy sector, attract high-potential digital companies to Dubai and cement the emirate’s position as a preferred digital economy hub, the training academy aligns with the Chamber’s strategy, said Khalid Al Jarwan, Executive Director of Dubai Chamber of Digital Economy.

Dr. Jasmina Locke, CEO of the SEE Institute, said, “The creation of the metaverse has caused a major disruption to business models both within the UAE and internationally, as organisations are increasingly becoming part of the metaverse by using blockchain, NFTs, cloud technologies and more. The notion of a hybrid world is a reality, and it has triggered the transformation of our digital economy.”

To apply for the training programme, which will run from December 5th to 14th 2022, eligible digital start-ups will have until 31st October.

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