The UAE is using the Web3 gaming sector as part of its plan to lessen its dependenc-y on oil. With 90% of adults playing video games and a $420 million gaming market, the UAE is well-positioned to lead the region in this area.
One of the main projects is Dubai's "Gaming Plan 2033," which aims to:
GDP contribution of $4 billion by 2030.
27,000 new jobs will be created over the next ten years.
--> With more than 100 gaming companies, the Dubai Multi Commodities Centre (DMCC) has become a center for the Web3 gaming ecosystem. The DMCC encourages innovation and cooperation between the gaming and cryptocurrency sectors by providing funding, incubation programs, and talent recruitment campaigns, which further accelerates industry growth.
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