The Dubai Metaverse Assembly, which kicked off yesterday, continues its activities for the second day. 500 delegates will be participating, including government ministers, business leaders, global corporations, decision makers and the metaverse community, to share insights on the metaverse and how to unlock its potential.

“We can access way more than just games and tokens, and make money from it. We can actually start solving climate problems,” says Haya Al Gussain of Evolve Network Club.

Day 2 included a panel on “the role of governments in virtual worlds”, hosted by Mina Al-Oraibi, editor-in-chief at The National. Among the most prominent speakers, was Alex Chehade, General Manager of Binance, MENA.

Chehade expressed his gratitude towards Dubai for building such a Meta friendly environment. He commented, “This reflects the government’s vision, by providing the opportunity to talk about the Metaverse, and by establishing entities such as the Dubai Virtual Asset regulatory (VARA), among others.”

“We need, to work with regulators and governments as the largest technology environment in the field of virtual assets in Metaverse. Since Binance is a user-focused platform, we need to protect our users by providing them with a platform that allows them to take part of the markets, digital assets, NFTs… without the need to know the complex mechanism of operations.“

It is important to note that the next Dubai Metaverse Assembly will take place next year on October 4-5, 2023.

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