Posted inEmergent Tech

Dubai hosts world’s first-ever metaverse horse racing event

Dubai Verse Cup’s platform enables users to use smartphones and AR/VR devices and experience the real-tension of horse racing and breeding

Dubai recently hosted the first metaverse horse racing event in the UAE.

Hosted by the Dubai Verse Cup (DVCC), the play-to-earn (P2E) metaverse-based horse racing platform, in partnership with the second-to-none Dubai Racing Club (DRC), the event brought the emirate’s bustling sports culture to immersive world of the metaverse.

Dubai Verse Cup’s platform enables users to use smartphones and AR/VR devices and experience the real-tension of horse racing and breeding.

The public beta version has rolled out, while the game’s developing company DVCC aims to create an open platform that welcomes third-party developers and users for ultimately enhancing user experience.

“Our platform combines futuristic metaverse gaming with Dubai’s rich horse racing ecosystem. It was just instinctive to partner with the best and most experienced in the industry, Dubai Racing Club,” said Vincent Isik, CEO of Dubai Verse Cup (DVCC).

“The collaboration will enable us to further develop our play-to-earn gaming model, where users gain rewards in the form of $DVCC tokens, based on their racing and breeding performance. Players can exchange tokens into horses, perks, skins, and avatars, making the game a thriving marketplace and competition space at the heart of Meydan Racecourse.”

According to Isik, to further amplify the interactive and immersive experience, the game is played in a family-based system. Users can group together in a family to compete with other families and enhance their business and racing abilities, thus gaining more rewards for the entire family.