MetaTerrace, first metaverse restaurant launched by ColossalBit

ColossalBit, a Dubai-based consulting, advisory, design, and development company for cryptocurrency, blockchain, and NFTs, has launched MetaTerrace, a lounge restaurant in the Central Park Towers, Dubai International Financial Centre (DIFC).

MetaTerrace is a one-of-a-kind establishment that merges the digital and real worlds in accordance with the metaverse principle.

MetaTerrace will open on December 30, 2021, in the Central Park Towers, an ultra-modern facility at Gate 32, DIFC. The lounge-restaurant, which is based on the metaverse. In addition provides a unique opportunity for nightlife fans, blockchain aficionados. And thrill seekers to discover what the digital future looks like.



The MetaTerrace will have it own VR room

The MetaTerrace will feature its own virtual reality chamber for “metaverse experiences”. Moreover on a futuristic MetaTerrace, the VR glasses will allow users to visit alternate worlds, meet like-minded individuals. Additionally participate in NFT and crypto conversations – all at their fingertips.

“With a breathtaking view of the Burj Khalifa and the Dubai skyline. In addition MetaTerrace has all the makings to become the heart of Dubai’s crypto scene. Where enthusiasts and innovators can launch their projects, host meetups, and uphold the community spirit,” said Ciro Arianna. Co-Founder and CEO of ColossalBit and MetaTerrace.

The recent rebranding of Facebook to “Meta” has sparked debate about the metaverse and how blockchain-linked asset classes like NFTs and crypto fit into the story. Since then, other major brands have entered the virtual realm, with Nike recently acquiring RTFKT, a creator-focused, “metaverse-ready” brand. Adidas recently sold its NFT line, which included G-Money, Bored Ape Yacht Club (BAYC), and Punks Comic (a Pixel Vault creation), for more than $23 million in just a few hours.

“If anything, NFTs and the Metaverse are simply the tip of the iceberg; we haven’t seen their full potential or the impact they’ll have on our future,” Christian Chalfoun, ColossalBit and Kaloscope’s CTO, stated.

Image credits: Shutterstock, CC images, Midjourney, Unsplash.