Amsterdam announces Metaverse Festival MET AMS

‘The metaverse’ will be the theme this summer on the famous canals of Amsterdam. The Netherlands’ largest city says it will host a huge metaverse event called “MET AMS” in June. In addition to exploring the technology surrounding NFTs and the metaverse, event organizers say MET AMS will include discussions about the wider cultural implications of Web3.

The MET AMS will take place from 14 to 17 June in the Gashouder in Amsterdam. While MET AMS hasn’t released a detailed itinerary, it says guests will be given dozens of opportunities to test VR and AR experiences, including a “digital art trail.” There will also be plenty of IRL conferences with Web3 leaders.

MET AMS has released a list of more than 100 companies and individuals who will attend. Some of the most popular NFT projects to be featured on MET AMS include HAPE, Woodies, and CyberKongz. The Sandbox also says it will participate in the first metaverse-themed conference in Amsterdam, and crypto wallet maker Ledger is an official MET AMS partner.

Anyone wishing to visit MET AMS can now purchase e-tickets on the festival’s official portal. Guests could choose between “Legendary” and “Regular” WITH AMS Passes.

Those in the “Legendary” category get VIP benefits such as an exclusive NFT, a private dinner and unique networking opportunities. People who choose a “Regular” ticket get access to all major conferences, opening and closing parties and numerous metaverse experiences.

Current prices for MET AMS tickets are €249.00 for “Regular” and €849.00 for “Legendary”. Each person can purchase up to eight MET AMS tickets.

Europe opens up to the Metaverse

Although MET AMS is the first major European event to focus on Web3 technologies, the metaverse made a big impression at this year’s Mobile World Congress in Spain. The 2022 MWC, held in Barcelona, ​​was marked by numerous booths and panel discussions on metaverse technologies. Companies like Qualcomm, HTC and Meta all presented new ideas and experiences related to the metaverse.

Speaking of Meta, Facebook’s parent company announced an important initiative to encourage the metaverse development of Europe. In a 2021 post, Meta says it is working to create 10,000 jobs in the European Union within the next five years. Most of these jobs will be focused on advancing Meta’s ambitious metaverse endeavors. Currently, Meta is estimated to have spent approximately $10 billion on its Reality Labs metaverse R&D division.

Interestingly, Germany was the only EU country named in a recent ReportLinker study analyzing the global metaverse market. Along with Japan and Canada, ReportLinker thinks Germany could gain a significant percentage of the future metaverse market cap. However, ReportLinker believes that China will become the dominant player in the metaverse space by 2026.

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