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Dubai launches Metaverse-based Training Academy for Web3 Startups

by Javier Gil
02/12/2023
in Metaverse
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The Dubai Chamber of Digital Economy (DCDE) launched “The Future of the Digital Economy: Business in the Metaverse” Academy.

The metaverse-based training center is designed to equip digital startups with the skills needed to build the metaverse.

The Dubai Chamber of Digital Economy (DCDE)

DCDE will select 30 startups from Dubai and other markets to be part of the academy.

The academy will use Virtual Reality (VR), Augmented Reality (AR) and Extended Reality (XR) technologies to educate the startups on the dynamics of doing business in the metaverse.

Startups will participate in four in-depth sessions on web3, including its history, roots and case studies evaluating situations where companies succeeded and where they failed.

The sessions will educate on the value of non fungible tokens (NFTs) and how brands are using them to expand their relationships with their consumers.

Commenting on the metaverse training program, Khalid Al Jarwan, CEO of Dubai Digital Economy Chamber, said:

“the academy is part of the Chamber’s strategy to accelerate the growth of the digital economy in the city.”

The program will also attract promising digital companies in Dubai that could help elevate the UAE’s status as a leading 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 organizations are increasingly becoming part of the metaverse through the use of blockchain, NFTs, cloud technologies and more. The notion of a hybrid world is a reality, and has triggered the transformation of our digital economy.”

The training program will run from December 4-14, and startups have until October 31 to apply.

Dubai has been an early adopter of web3. The city has already taken giant steps into the metaverse by launching an immersive customer service system called MetaHealth.

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