ColossalBit, a Dubai-based technology company with a special focus on cryptocurrency, blockchain, and non-fungible tokens (NFTs), has launched MetaTerrace, a one-of-a-kind lounge restaurant in Dubai International Financial Centre (DIFC).
Located in the Central Park Towers, the ultra-modern space at Gate 32 of DIFC, MetaTerrace is all set to open its door on 30th December 2021. The inaugural event will accompany live DJ music and several surprises by ColossalBit.
Meta Terrace offers night-life enthusiasts, the blockchain community, and thrill-seekers a unique opportunity to get a glimpse of what the digital future looks like. The restaurant covers the digital and physical worlds, in line with the principle of the metaverse.
The lounge restaurant will have its own virtual reality (VR) room that will facilitate a “metaverse experience”. The VR glasses will let people visit alternative worlds, meet like-minded individuals, have drinks, engage in NFT and crypto discussions, all at the fingertips, on a futuristic MetaTerrace.
Ciro Arianna Co-Founder & CEO ColossalBit & MetaTerrace
“With a spectacular view of the Burj Khalifa and Dubai skyline, combined with an option to transact and make bookings in most cryptocurrencies and blue-chip NFTs, MetaTerrace has all the makings to become the center of Dubai’s crypto scene, where enthusiasts and innovators can launch their projects, host meetups, and uphold the community spirit.”
ColossalBit is an early investor of Kaloscope, a social metaverse startup, looking to consolidate a fast-growing yet fragmented NFT sector. Kaloscope offers exclusive passes where holders can unlock perk abilities in the real world like special surprises coming soon at the MetaTerrace.
“Kaloscope is innovating the NFT space by providing a platform to project, collect and interact with NFTs in mobile AR/VR/XR. Creating a new and easier way to share your NFT collection with friends while allowing users to own exclusive metaverse spaces,” added Mr. Kirck Allen, CEO and Co-Founder of Kaloscope.
Facebook’s recent rebranding to “Meta” has fuelled discussions on metaverse and how blockchain-linked asset classes like NFTs and crypto fit the narrative. Several leading brands have since made a foray into virtual ways, including Nike and Adidas.
NFTs and metaverse-related developments are expected to find greater momentum soon as digitalization makes inroads into every facet of life. ColossalBit’s portfolio includes the world’s first augmented reality NFT mural called “Future NFT Dubai”, the infamous S.T. Dupont pen that football legend Mr. Diego Armando Maradona used in 1984 when he signed for Italian side Napoli, and the world’s first NFT-linked fine dining and art experience, among other inspiring collections and initiatives.
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