Monaco: capital of the virtual worlds of the metaverse

This international show, which has plans to expand to Miami, Dubai and Seoul, aims to present the metaverse and associated technologies (Web 3.0, NFT, blockchain, 3D, etc.) and to showcase specific examples proposed by the leaders of this new industry (Decentraland, The Sandbox, Roblox, Fortnite, Blockchain Virtual Valley and the Neos Metaverse community).

With a potential market of 1 trillion dollars in the short term, according to JP Morgan, this virtual world is of interest both to entertainment professionals (cinema, television, video games) and luxury markets seeking to offer their customers immersive experiences in a bid to grow sales.

The Monaco Metaverse prize is awarded to the most innovative companies, including DWorld VR, which has created a Monaco metaverse. Thanks to this virtual twin, Monaco has effectively become the first country to be recreated in the metaverse. “Our goal is to create the first virtual economy of an entire State in the world, but also a greener, smarter, more futuristic version of the Principality of Monaco,” explains Manila Di Giovanni, CEO of the Monegasque start-up.

Following on from Monaco-Ville, the prototype is modelling the other districts of Monaco, including Monte-Carlo and Mareterra. “It is a true virtual shop window for the Principality, allowing users to explore the country, and also boosting its tourism sector and its economy.”