LandVault, a builder company in the metaverse, has announced its partnership with Dubai-based Metaverse as a Service company Metapolis, to assist users in turning metaverse experiences into investable assets. Additionally, the alliance will help brands and companies to expand quickly into the virtual world.
The partnership offers a unique opportunity for both parties. As an official builder for Metapolis, LandVault will have a chance to showcase its virtual real estate building expertise on a cutting-edge platform.
Having built over 200 projects in the metaverse, owning and renting its virtual land to brands like Mastercard, Heineken, Standard Chartered, or web3 IP like World of Women, LandVault has also developed a new protocol called Matera that brings experiences on chain by minting them as NFTs to make them tradable on marketplaces. Integration with Matera Protocol will allow for the tokenization of experiences within the Metaverse and accelerate economic growth.
Metapolis is a Metaverse as a Service company, providing the technology layer for interoperability, safety, security and identity for brands to deploy their own metaverse platform. Metapolis provides easy onboarding of Web2 and Web3 clients looking to establish their metaverse presence by providing new immersive experiences and layers of engagement for their customers. Metapolis also works with brands looking at how they can apply their business model to the metaverse, and will use Landvault expertise to build and deploy engaging experiences on their platform.
A recent study by BlueWeave Consulting revealed that the Global Metaverse market was worth $40.7 billion in 2021. The market is poised to grow at a CAGR of 40.5% with projected revenues of around $439.0 billion by the end of 2028.
Sam Huber, CEO of LandVault, said: “By teaming up with Metapolis, LandVault is now even better equipped to build across the top platforms. Our goal is to become the go-to destination for anyone interested in creating, sharing, and exploring the metaverse, and this partnership is another giant step in that direction.”
Sandra Helou, Chief Commercial Officer and Co-Founder of Metapolis, said: “We are firm believers that the Metaverse is the next iteration of the internet. To achieve this, we must create open, secure and fully interoperable metaverse environments in which hyper-connected virtual ecosystems are cultivated and digital commerce can thrive. This is precisely what our partnership with LandVault seeks to achieve. Integration of the Metapolis MaaS layer with LandVault’s Matera protocol will allow brands and users to tokenise their virtual experiences built on Metapolis, allowing them to establish new business models and revenue streams. Together, Metapolis and LandVault will help the drive towards mass adoption.”
In November, LandVault co-sponsored Good Morning Web3 London with Metapolis. The founders shared their expertise on dynamic and immersive programming and insights about the future of Web3.
Overall, the partnership represents a win-win situation for both companies as they collaborate to push the boundaries of metaverse experiences for all.