Abu Dhabi is developing the project of the first cryptocurrency backed by Artificial Intelligence and 100% based on the Metaverse. Al Arab will be the only currency accepted for purchasing virtual territories in the Abu Dhabi Metaverse, the first 100% digital city. Renowned brands such as Versace, Gucci, Dolce & Gabbana, Balmain, Louis Vuitton and Prada have also marked their places. Balenciaga promises to shock the world with its new collection based on avatars of famous models and celebrities, who will also participate in the Abu Dhabi Metaverse project. DeFi is a revolution in the world of finance, which seeks to make the financial system more fair, secure and transparent.
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