Source: news.google.com
- Web3 technologies in games represent one of the fastest growing segments of the nearly $200 billion global gaming industry.
- AA Meta will support the growing number of local game developers turning Web2 strategies into Web3 businesses
Abu Dhabi: AD Gaming, the entity powering Abu Dhabi’s fast-growing gaming industry, has signed a partnership agreement with AA Meta, a local Metaverse and Web3 development company, which will deliver cutting-edge Web3 solutions to the gaming ecosystem. emirate game development. .
AA Meta provides metaverse infrastructure and Web3 technology solutions that enable next-generation gaming. In addition to using this technology for its own projects, AA Meta also offers its offering to other game companies. Metaverses and blockchain gaming allow players to interact in new worlds driven by the community, while providing businesses with new payment solutions to drive new in-game economic models and innovative ways to deliver immersive experiences. to audiences around the world.
Headquartered in Abu Dhabi’s purpose-built creative industries campus, Yas Creative Hub, AA Meta is part of a thriving community of companies spanning all forms of entertainment and interactive media, including gaming. By partnering with AD Gaming to deliver Web3 solutions to the Abu Dhabi gaming ecosystem, AA Meta is empowering users of the metaverse as the global gaming industry capitalizes on the advanced capabilities of a Web3-based environment.
In partnership with AD Gaming, AA Meta aims to grow the local metaverse industry, providing job opportunities for UAE residents looking to forge careers in this expanding sector. The global metaverse industry, of which the MENA region is a leading investor, is expected to generate revenue of USD 966 billion (AED 3.55 trillion) worldwide by 2030.
“By providing expert solutions for gaming companies looking to take advantage of Web3 technologies, AA Meta can fully support the development of a blockchain gaming community in Abu Dhabi. This new avenue of interactive media presents an exciting career path for aspiring gaming industry talent and gamers around the world, offering a new way to play to win in the metaverse,” said Hussain Al Omaeirah, Co-Founder of AA Goal. , President and CEO.
James Hartt, Director of Strategic Initiatives and Business Development at AD Gaming, added: “Abu Dhabi offers a comprehensive ecosystem for the gaming industry, with AA Meta adding another thread to our arc. The increased immersion and focus on community building that Web3 technologies provide make this an incredibly exciting area for gamers and game developers alike, which is why we are proud to be a pioneer in Abu Dhabi.”
The AA Meta platform recently saw the release of the highly anticipated MMORPG (massively multiplayer online role-playing game) Thunder Lands. Available for both PC and Android, Thunder Lands allows players to be rewarded for the time they spend playing by earning cryptocurrency through in-game activities.
Following the success of Thunder Lands, AA Meta plans to leverage its expertise in the areas of Game Fi technology and decentralized applications (DApps) to grow its active user base to over 50,000 by Q2 2023. It will achieve this by development of your portfolio through the addition of new immersive games.
During a recent press conference, AA Meta recently announced two other strategic alliances. The first was with INFTY ART, a community-based marketplace for digital collectibles and gamified loyalty programs for brands, based on the characters Chiko and Roko; and the second was with CIS-based media brand Black Star, which is launching a suite of technologies for asset tokenization and in-game achievements, combining DeFi technologies and classic game mechanics to build a real economy in Web2 games. .
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