The Dubai-based company providing services for cryptocurrency, blockchain, and NFTs, ColossalBit, has launched a one-of-a-kind lounge restaurant in Dubai called MetaTerrace, uniquely amalgamating digital and physical worlds.

The facility is located at the Central Park Towers, Dubai International Financial Centre (DIFC), and will open to visitors on December 30. The lounge-restaurant has been designed for night-life enthusiasts, the blockchain community, and thrill-seekers looking to delve into the metaverse.

The MetaTerrace will feature a distinctive VR room where visitors can undergo a ‘metaverse experience.’ They will put on VR glasses to visit alternative worlds, meet like-minded individuals, have drinks, engage in NFT and crypto discussions. The company is also gearing up to host the first attendees with live music and several other surprises.

“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,” said Ciro Arianna, Co-Founder and CEO of ColossalBit and MetaTerrace.

“If anything, NFTs and the Metaverse are just the tip of the iceberg; we haven’t still seen their full potential and the impact they’re going to have on our future,” said Christian Chalfoun, CTO of ColossalBit and Kaloscope.

Kaloscope is a social metaverse startup aiming to capitalize on the rapidly-expanding NFT space. ColossalBit is an early investor in Kaloscope.

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