Saudi Prince Al Waleed Launches New Project on Metaverse

MetaversePlanet November 19, 2022

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Al Waleed Philanthropies, headed by Prince Al Waleed Bin Talal Al Saud, has disclosed their advancements in the metaverse.

This initiative seeks to interconnect virtual worlds, offering users boundless cultural and digital experiences.

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Al Waleed Explains Metaverse Domain

Saudi Prince Al Waleed Launches New Project on Metaverse

The Metaverse space was launched on the Day of Tolerance, an international observance commemorated annually. UNESCO established this day in 1995 to foster awareness about the dangers of intolerance. Anchored in this initiative, Prince Al Waleed Bin Talal aims to bridge cultural gaps and explore ways for communities to coexist tolerantly.

To achieve this, the latest disruptive 3D technology will be utilized to disseminate the message of tolerance to the next generation on a global scale. Decentraland will host the metaverse hub, where visitors can wander through storied buildings that portray histories while embracing diverse cultures.

This initiative draws inspiration from the core mission of Al Waleed Philanthropies since its inception forty years ago, which has been to foster and promote tolerance among people. Her Highness Princess Lamia bint Majed Al Saud, Secretary General of Al Waleed Philanthropies, expressed her perspectives on the organization’s metaverse project.

Al Waleed’s Corporate Goals

Princess Lamia from Al Waleed Philanthropy emphasizes the organization’s commitment to breaking barriers and fostering collaborative efforts to enlighten minds. She highlighted the importance of being aware of fundamental advancements and how AP strives to positively transfer these innovations for the betterment of humanity.

Furthermore, AP is constantly in pursuit of fresh ideas as it navigates towards a deeper understanding of culture and limitless tolerance. The Prince collaborates with various charities, governmental programs, and other entities to plan and execute these initiatives. These efforts include providing wages, empowering youth and women, building communities, designing disaster relief programs for affected victims, and fostering cultural alliances to alleviate poverty.

Al Waleed Philanthropies has been a pioneer in launching a metaverse project with a social purpose. Its mission is to extend the message of tolerance, cultural significance, and inclusivity from the physical to the digital world. The organization is committed to continually exploring new methods and technologies to empower humanity and achieve significant objectives.