UAE-based innovation hub and incubator MxHub has announced the launch of MX100, a multimedia metaverse event. Scheduled for December 20, 2022, it will be held next to the Burj Khalifa in Dubai, United Arab Emirates (UAE).
According to a press release shared by Zawyathe event is aimed at offering the latest in innovative startups from the region.
Edward Musinski, Chief Executive Officer of MxHub, said: “In our effort to bring the latest technological advancements from the Metaverse to the UAE, we are planning this showcase event through a multimedia delivery that we believe is transforming the way events are produced , the events are offered, and committed to”.
“Our growing ecosystem drives both investor awareness and a showcase for the best industry opportunities across the sector including fintech, blockchain, healthtech and web3,” he added.
Investors that have been invited include Andreeson Horowitz, Sequoia, TigerGlobal and SALD Investments.
the event—produced by MxHub—will be supported by MxHub companies such as Blockbytes, MetaVibes, Citizen of Metaland, Ducatus, VisionTech, Bimar, Arcona, Vatom, Aimedis, Panvora, MetaAlliance, Huma, Mobio, Shaikhtech, MatterFi.
MxHub is part of Phygital Holdings, a digital equity fund from the United Arab Emirates. The company is home to several global companies that provide corporate infrastructure support to innovative startups. It provides a range of support services to companies seeking to integrate into the local UAE market.