MetaSpace Secures UAE License for Global Blockchain Gaming Expansion

Coin WorldSunday, Jun 1, 2025 2:57 am ET
1min read

MetaSpace, an immersive Web3 Play-to-Earn (P2E) game, has secured a business license from RAK Digital Assets Oasis (RAK DAO) as a Gaming Studio and Metaverse Service Provider in the UAE. This achievement marks a significant milestone in the project’s journey and underscores its dedication to creating a secure, compliant, and globally scalable gaming ecosystem.

Built on the Polygon blockchain, MetaSpace offers a dynamic, open-world gaming experience driven by a decentralized, token-based economy. Players can earn, trade, and own in-game assets, including customizable avatars, rare digital collectibles, and NFTs that enhance gameplay and progression. The game blends action, strategy, and exploration to create a deeply engaging

, empowering players to compete, collaborate, and craft their own unique experiences.

At the heart of the platform is its decentralized

marketplace, where players can freely buy, sell, and trade digital assets. Whether flipping NFTs for profit or staking them for high-yield returns, users actively contribute to the in-game economy. This marketplace is crucial to MetaSpace’s vision of a player-owned ecosystem. The game’s Play-to-Earn model transforms time spent in the game into real rewards, allowing players to shape and benefit from the game’s evolving economy, turning participation into tangible value.

RAK DAO, the UAE’s first free zone dedicated to digital and virtual assets, was established under Ras Al Khaimah’s Department of the Future. It provides clear regulatory frameworks, business-friendly policies, and tailored support for Web3 ventures. “Securing the RAK DAO license is a key milestone for MetaSpace,” said

Akram, the founder. “It gives us the confidence and framework to grow responsibly and scale our P2E ecosystem across borders.”

Looking ahead, MetaSpace is focused on expanding its global footprint, launching new marketplace features, and building deeper economic layers within its virtual world. Backed by strategic partnerships and a fast-growing community, MetaSpace is well-positioned to lead the next wave of blockchain gaming innovation. Players can download the game from the App Store or Play Store, where they own their assets, earn real rewards, and explore a truly decentralized gaming universe.