Crypto Oasis debuts Cove Beach venue in the Metaverse alongside Exscape at Ecosystem Night event

Crypto Oasis hosted its annual Ecosystem Night on March 2, 2023, featuring leading industry players and organisations to celebrate advancements in the Web3 ecosystem. At the event, Crypto Oasis launched several Web3 integrations with Cove Beach, a popular location in Dubai. The first was the creation of Cove Beach in the Metaverse, a hyper-realistic environment for people to explore using VR technology. The second integration was the launch of the Cove Beach NFT-based membership program, which allows interested parties to purchase an annual membership and own a piece of Cove Beach through an NFT from the Founder’s Mural at the venue. Attendees can now choose to experience Cove Beach in real life or through the Metaverse, an innovative experience combining physical and digital worlds. Crypto Oasis is a MENA-focused blockchain ecosystem, headquartered in Dubai, that connects stakeholders including investors, startups, corporates, and government entities. The fast-growing ecosystem is one of the leading blockchain ecosystems in the world, with over 1,650 organisations identified in the UAE alone and over 8,300 individuals working in the space.