Dubai Chamber of Digital Economy has teamed up with the SEE Institute, a hub for sustainability education, research and business incubation, to launch a training programme for startups to learn more about the metaverse and Web3.
Thirty businesses from Dubai and beyond will join the ‘Future of the Digital Economy: Business in the Metaverse’ academy, which kicks off in December.
The four-part practical training will utilise ‘the latest VR technology’ to help businesses understand the value Web3 and the metaverse economy can bring to their firm. As well as covering the core principles of Web3, sessions will also look at the value of NFTs as a new way of communication between brands and customers and how to manage expectations of different blockchains.
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 organisations are increasingly becoming part of the metaverse by using blockchain, NFTs, cloud technologies and more. The notion of a hybrid world is a reality and it has triggered the transformation of our digital economy.
“SEE Institute is well positioned to help companies navigate the emerging metaverse opportunities and how they align with psychological and behavioural aspects that drive Web3. In the metaverse programme, the student will learn about crypto wallets, NFTs, building communities around Web3, and the best digital practices in 2022 and how they will pave the way to a more sustainable society.”
Digital startups will have until 31 October to apply for the training programme, which will run from 5 to 14 December. Upon completion, participants will also benefit from mentorship support in Dubai, and gain access to a free sustainable co-working space. They will also have the opportunity to share their success stories with an audience at Dubai Chamber of Digital Economy’s biggest events in 2023.
Khalid Al Jarwan, executive director of Dubai Chamber of Digital Economy, said that the training academy aligns with the Chamber’s strategy to support the growth of the digital economy sector, attract high-potential digital companies to Dubai as well as cement the emirate’s position as a preferred digital economy hub.