Morningstar Ventures, a proprietary investment company specializing in digital assets and blockchain technology, has announced plans to open an NFT art gallery in the heart of Dubai’s business district.
The gallery, dubbed “37xDubai,” intends to introduce people to digital art and raise awareness of the growing tech revolution.
Nonetheless, 37xDubai aspires to be more than simply an art gallery; it aims to be a creative space, a hub for innovation fuelled by a worldwide community of artists and Web3 lovers. It intends to do this by hosting educational programs, brand activations, private events, and monthly meetups.
37xDubai will also issue various NFT drops in the following months, allowing fans from all around the world to engage in the project.
37xDubai will open its doors in Q1 2023, with the inaugural day featuring exhibited artists, digital art and Web3 investors, influencers, and others.
The UAE has expressed a strong interest in Web3. The country, in fact, currently leads the globe with 23% of people owning at least one NFT, ahead of Europe (8%) and the United States (2.8%).
One of the most Web3-active cities in the UAE is Dubai, which in July unveiled a Metaverse Strategy expected to bring 40,000 new jobs to the virtual world and generate $500 million in revenue.