Mumbaikars will soon be able to check the city’s development via Metaverse

In crypto-skeptic India, some Web3 industries are invading people’s daily lives with government authorization. For example, Metaverse is such a Web3 technology. In a recent development, Maharashtra Deputy Chief Minister Devendra Fadnavis unveiled the ‘Mumbai Metropolitan Metaverse’. This blockchain-based virtual portal will enable an estimated 21 million residents to learn about urban developments through the Metaverse. People outside the city will also be able to see the transformation taking place in the city.

Through an interactive 3D and virtual reality (VR) based interface, this free platform will provide immersive insights into the developments taking place in and around Mumbai.

Fadnavis tweeted in a tweet along with a link to access the Mumbai Metropolitan Metaverse available for Android, iOS and web browsers: “Just click on these links to know where Mumbai will be in the coming years and not How that will transform in a few months.”

according to Official website The project of this Metaverse portal is supported by brands such as Meta, Hungama and GOQii. The portal not only allows visitors to browse the country’s financial capital, but also allows them to indulge in games that include designing cities, among other activities.

While international players in the industry are showing interest in expanding into India, this is the first time an Indian city is launching its own offering in the virtual universe.

For example, Sandbox, a popular virtual universe platform based in Hong Kong, hopes to make India its largest market in the next two years.

As Metaverse expands in India, Meta recently approached the Telecom Regulatory Authority of India (TRAI), insisting that India must facilitate dialogue between policymakers and industry stakeholders to ensure continued growth of technologies such as artificial intelligence and mobile communications . Metaverse.The virtual universe market is estimated By the end of 2024, the valuation will reach $800 billion (approximately Rs. 59,58,700 crore).