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Barbados to establish world’s first metaverse embassy

The tiny Caribbean nation has inked a deal with leading metaverse platform Decentraland to legally declare digital real estate to build its virtual embassy.

Barbados has broken new ground as it prepares to become the first sovereign country with an embassy in the metaverse.

The tiny Caribbean island nation signed an agreement on November 14 with Decentraland, one of the largest and most popular crypto-powered digital worlds, to “outline the baseline development elements for its metaverse embassy.”

The metaverse has become a buzzword for the future of the internet, notably after social media giant Facebook made headlines last month by rebranding itself as “Meta” in its push to stake out territory in the new online social space.

“Barbados looks forward to welcoming the world in its metaverse embassy,” said Senator Jerome Walcott, the nation’s foreign minister.

In a press release, the government said that “Barbados’ Metaverse Embassy will be at the centre of activities to advance the growth of stronger bilateral relationships with governments globally.”

Consult our source for more details: https://www.trtworld.com/magazine/barbados-to-establish-world-s-first-metaverse-embassy-51836

Barbados to establish world’s first metaverse embassy

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