{"id":18873,"date":"2023-03-18T11:45:35","date_gmt":"2023-03-18T11:45:35","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/dubai-signs-deals-with-south-korea-to-boost-web3-and-metaverse-industry\/"},"modified":"2023-03-18T11:45:35","modified_gmt":"2023-03-18T11:45:35","slug":"dubai-signs-deals-with-south-korea-to-boost-web3-and-metaverse-industry","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/dubai-signs-deals-with-south-korea-to-boost-web3-and-metaverse-industry\/","title":{"rendered":"Dubai Signs Deals with South Korea to Boost Web3 and Metaverse Industry"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Dubai\u2019s Multi Commodities Centre, one of the largest <a href=\"https:\/\/igaming.org\/crypto\/2022-a-successful-year-for-dubai-free-zone\/\">free trade zones<\/a> in the world, has signed agreements with governments and companies in South Korea to expand Web3 and metaverse businesses in the emirate. This move aims to reinforce Dubai\u2019s position as a global blockchain hub in the region.\n<\/p>\n<p>As part of Dubai\u2019s expansion into the Web3 industry, the government-owned zone, which has registered over 20,000 companies, signed memorandums of understanding with the Korea Blockchain Industry Promotion Association (KBIPA) and Seongnam City, a city with a significant base of tech consortiums. These agreements commit the Dubai Multi Commodities Centre to support the establishment of South Korean companies in the Web3 and metaverse industries in its territory.<\/p>\n<div class=\"ads-center\">\n<div class=\"loop-wrapper-ads\">\n<div class=\"fsp fsp-4 ig-ad-box\">\n<div class=\"first-row\">\n<div class=\"f-row-r font-w\">7BitCasino <\/p>\n<p><span class=\"star-full\">\u2605<\/span><span class=\"star-full\">\u2605<\/span><span class=\"star-full\">\u2605<\/span><span class=\"star-full\">\u2605<\/span><span class=\"star-full\">\u2605<\/span><\/p>\n<\/div>\n<\/div>\n<p>Get 100% up to 5BTC + 100 <strong> bonus spins<\/strong> at 7Bit Casino!<\/p>\n<div class=\"tc-apply text-center tooltip\">\n<p>T&amp;Cs Apply<\/p>\n<p> <span class=\"tooltiptext\"> New players only. Welcome Bonus &#8211; 100% bonus on your first deposit up to 5BTC <\/span> <\/div>\n<p><span class=\"tc-apply\">*New players only<\/span><\/p>\n<\/div>\n<div class=\"fsp fsp-4 ig-ad-box\">\n<div class=\"first-row\">\n<div class=\"f-row-r font-w\">Mirax Casino <\/p>\n<p><span class=\"star-full\">\u2605<\/span><span class=\"star-full\">\u2605<\/span><span class=\"star-full\">\u2605<\/span><span class=\"star-full\">\u2605<\/span><span class=\"star-full\">\u2605<\/span><\/p>\n<\/div>\n<\/div>\n<p>Up to 350% or 5BTC on your first deposit + <strong>150 Spins<\/strong><\/p>\n<div class=\"tc-apply text-center tooltip\">\n<p>T&amp;Cs Apply<\/p>\n<p> <span class=\"tooltiptext\"> New players only. Welcome Bonus &#8211; 350% bonus on your first deposit up to 5BTC <\/span> <\/div>\n<p><span class=\"tc-apply\">*New players only<\/span><\/p>\n<\/div>\n<div class=\"fsp fsp-4 ig-ad-box\">\n<p>Get 5BTC match up bonus\u00a0 + 100 Free Spins!<\/p>\n<div class=\"tc-apply text-center tooltip\">\n<p>T&amp;Cs Apply<\/p>\n<p> <span class=\"tooltiptext\"> New players only. Welcome Bonus &#8211; 100% bonus on your first deposit up to 5 BTC <\/span> <\/div>\n<p><span class=\"tc-apply\">*New players only<\/span><\/p>\n<\/div>\n<div class=\"fsp fsp-4 ig-ad-box\">\n<p>America&#8217;s Favorite Sportsbook &amp; Casino: <strong>Get 125% bonus to $2,500!<\/strong><\/p>\n<div class=\"tc-apply text-center tooltip\">\n<p>T&amp;Cs Apply<\/p>\n<p> <span class=\"tooltiptext\"> New players only. Welcome Bonus &#8211; 125% bonus on your first deposit up to $2,500 <\/span> <\/div>\n<p><span class=\"tc-apply\">*New players only<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>Ahmed Bin Sulayem, CEO of the Dubai Free Zone, stated that these MoUs come at the perfect time as they accelerate their strategy of supporting businesses in these sectors. He further stated that the Dubai Multi Commodities Centre is proud to contribute to the strong and resilient economic relations between the UAE and South Korea.\n<\/p>\n<p>Dubai has been one of the first emirates to adopt metaverse technology as part of its structured government approach, creating a metaverse task force in May 2022. The emirate formulated its <a href=\"https:\/\/igaming.org\/crypto\/dubai-set-for-world-leading-metaverse-economy\/\">metaverse strategy in July last year<\/a>, expecting the sector to contribute $4 billion to its economy by 2030, attracting 4,000 more companies, and creating 40,000 new jobs in the sector by 2025. Reports also suggest that Dubai is planning to move some of its offices to the metaverse to enable government departments and ministries to perform their duties in the virtual world.\n<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/dubai-signs-deals-with-south-korea-to-boost-web3-and-metaverse-industry\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Dubai\u2019s Multi Commodities Centre, one of the largest free trade zones in the world, has signed agreements with governments and companies in South Korea to expand Web3 and metaverse businesses in the emirate. This move aims to reinforce Dubai\u2019s position as a global blockchain hub in [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":18874,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/18873"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=18873"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/18873\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/18874"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=18873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=18873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=18873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}