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Metaverse News Europe


Germany’s METAYO joins Dubai Metaverse incubator

7/28/2022

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A Munich-based metaverse firm is one of the latest to enter Dubai's emerging tech incubator plans

Munich-based metaverse company METAYO has recently joined Dubai’s new metaverse strategy to collaborate on building the tech plan’s ecosystem of software solutions.
Dubai’s Crown Prince Sheikh Hamdan bin Mohammad Bin Rashid al-Maktoum recently unveiled the city’s metaverse programme, which hopes to attract 40,000 digital professionals and grow the city’s economy by $4 billion USD over five years’ time.

Matthew Ball, one of the world’s top experts on the Metaverse, said in a recent statement that interoperability would remain one of the key tasks to building the Metaverse to connect immersive worlds under common standards.

Speaking to the Financial Times (FT), Ball defined the Metaverse as,
“A massively scaled and interoperable network of real-time rendered 3D virtual worlds that can be experienced synchronously and persistently by an effectively unlimited number of users with an individual sense of presence, and with continuity of data, such as identity, history, entitlements, objects, communications and payments.” In other words, it amounts to far more than just a flashy rebranding of virtual reality”.
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  • Home
  • News
  • Nominations
    • Top Debut in Metaverse
    • Top European Metaverse
    • Top VC/Accelerator/Incubator
    • Top Blockchain Developer Services Provider
    • Top Blockchain Game of the Year
    • Top CVC Partner for Web 3.0/Metaverse
    • Top Corporate Partnership
    • Top Legal Firm or Services for Metaverse/Web 3.0 businesses
    • Top Avatar Design, Digital-Twin, or Identity Company
    • Top Cloud, Enterprise or Technology Partner
    • Top Partner for establishing early-stage presence in Metaverse
    • Most Innovative NFT Project
    • Top 3D Design Firm for Metaverse
    • Top Global City for Web 3.0/Metaverse Ecosystem
    • Top Fashion or Consumer Brand Initiative
    • Top Sports, or Events, Brand Initiative
    • Top B2B or Industrial Initiative in Metaverse
    • Top Wallet, or Digital Payment, ecosystem
    • Most Exciting StartUp or Early-stage Company
    • Top XR/AR/VR Firm for Metaverse
    • Top Consumer Hardware or Interface for Metaverse/Web 3.0
  • The Event
    • Agenda
    • Investors-ScaleUps Matchmaking
    • VIP Jury
    • Brella Event App & Networking
    • Venue
    • Exhibitors
    • Hotel Reservation
    • FAQs
    • Tickets
      • Pay via Credit Card
  • 2022 Summit&Awards
    • Photos 2022
    • Agenda 2022
    • Videos 2022
  • Contact