THELOGICALINDIAN - One of the United Arab Emirates UAEs arch absolute acreage acreage developers DAMAC Properties is planning to barrage a activity in the metaverse anon the companys managing administrator MD has said
DAMAC Looking Into NFTs and Metaverse
According to Ali Sajwani, the managing administrator of the absolute acreage acreage developer DAMAC Properties, his aggregation is planning to alpha a activity in the metaverse ancient in March. The project, if launched, will be a aboriginal for the London Stock Exchange-listed acreage developer.
Sajwani’s acceptance of the company’s planned attack into the metaverse came a few weeks afterwards an online poll he conducted appropriate absolute acreage is acceptable to be the aboriginal area to accept non-fungible tokens (NFTs). In addition, the adumbration came anon afterwards Sajwani himself was said to accept purchased a artifice in The Sandbox metaverse.
In animadversion afterward an advertisement fabricated during NFT accumulating Crypto Bear Watch Club (CBWC)’s ask me annihilation (AMA) session, Sajwani is quoted by Unlock Media answer the account abaft DAMAC’s decision. He said:
He added that DAMAC has already created a band-aid that will accommodate the absolute acreage developer’s altered platforms which ambit from absolute acreage to appearance and jewelry. The objective, according to Sajwani, is to accompany these into the metaverse.
Besides active DAMAC’s metaverse initiative, the Unlock Media address said Sajwani had purchased ten percent of the CBWC’s badge supply. The address said the managing administrator had been absorbed by CBWC’s art and had “started to assignment with them to add account to the NFTs and advice body the roadmap.”
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