Too Long; Didn't Read
The UAE is determined to live its promise of becoming a leading player in Web 3.0. The country has experienced a surge in virtual activities as the government, private firms, and start-ups scramble to find a footing in the Metaverse. Saudi Arabia, for instance, has set aside an over US$6.4bn kitty to kick start its Metaverse journey. The UAE virtual space is filling up fast, with multiple projects taking off in the recent past. Many of the thoughtful innovations have clinched slots in the world's first category.