The Mall of the Emirates in Dubai inaugurates the first physical NFT shop
In Brief
SoftConstruct opens the first-ever physical NFT shop in the Mall of the Emirates
Visitors can buy, sell, and browse NFTs at the location
The first-ever physical NFT shop has opened in Dubai. On December 22, global innovation tech company SoftConstruct inaugurated the “ftNFT Shop” in the Mall of the Emirates. Amrita Sethi, the first NFT artist of the United Arab Emirates, was among the guests.
The innovative IRL venue allows visitors to interact with physical art, and buy, sell, and browse non-fungible tokens in person. The shop also features a professional 3D scanner so individuals can experience the creation of 3D avatars of themselves.
The NFT Shop currently exhibits “AKNEYE,” a collection of hand-painted sculptures and a set of art toys created by the online platform Chiko & Roko.
It’s worth noting that SoftConstruct plans to open the second physical NFT shop in the Dubai Mall.
The most popular UAE city continues introducing web3-related initiatives, aiming to become the leading metaverse destination for investment hubs, startups, and the crypto community. On November 24, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum introduced a 100-day metaverse strategy plan for government organizations and businesses. With the release, the crown prince of Dubai applied measures that would empower the use of digital technologies and the metaverse.
The UAE Ministry of Economy has already started developing its metaverse headquarters at the Dubai Metaverse Assembly. In May, Dubai’s Virtual Assets Regulatory Authority created a version of its headquarters in The Sandbox.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at valerygoncharenko@mpost.io
More articles
Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at valerygoncharenko@mpost.io
