November 29, 2022

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Latest news in the crypto industry

Creative Economy Metaverse Daoversal Releases 1st of Three Web3-Ready Products: Custom Domain

Dubai, 5th October 2022, UAE – Daoversal proudly announces the release of its inaugural product, a customizable naming service of WEB3 ready identities that doubles as a wallet for digital assets. The launch comes eight months after the Dubai-based metaverse start up secured USD 2.5mil in pre-seed capital through incubating partners, Daoverse Capital, ChainXGame, and ConvrtX, one of the largest incubators in the United Arab Emirates (UAE).

Much like a domain or ENS registry, the Web3-ready functionality allows users to create a customized name in its metaverse, and is among the first of its kind in the world. Daoversal’s metaverse, aimed at creative content creators and influencers, will allow users to tailor their Web3 handle to the moniker of their choice as a marketing tool to make themselves easily found by followers as they transition from Web2 to Web3.

This is the first product launched by Daoversal, which is currently raising a seed round of USD10 mil, to be followed by Web3 digital real estate for storefronts, concerts, and gaming in the coming months. The third flagship product will introduce a gig marketplace for creatives to sell their digital creations or services with two-traffic between Web2, Web3, and the real world (IRL).

ABOUT DAOVERSAL

Daoversal is a Dubai-based Social-Fi Metaverse platform for brands and creators. Its five core offerings make up a vertically integrated metaverse infrastructure for creators and brands: Avatar, DID, Myhome, MyStar and Marketplace. Users are given opportunities to showcase their digital creations, such as NFT assets; engage other characters, and communities in the virtual world and more. Daoversal is based on the ethos of data sovereignty to provide complete data ownership for users as well as aligned incentives for all those who choose to participate in the ecosystem.

Source: CoinGape