World Metaverse Council

What World Metaverse Council does

World Metaverse Council is a Dubai-headquartered, for-profit private organization founded in 2022 that positions itself as an international collaborative body focused on shaping the future of the metaverse. Its principal activities center on convening and supporting metaverse industry events and dialogue rather than on shipping a discrete software product. The Council has been announced as a strategic partner for the Metaverse Discovery event and World Metaverse Awards in Riyadh, and as association partner for the MetaGate Summit; the Riyadh event is described as a first-of-its-kind gathering including an awards ceremony recognizing digital trailblazers. The organization also hosted a MetaCop27 member invitation in November 2022, broadening its activity into adjacent policy domains.

Name

World Metaverse Council

Legal name

World Metaverse Council

Website

https://wmetac.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

World Metaverse Council is a Dubai-based international collaborative body founded in 2022 that convenes metaverse industry stakeholders through event partnerships and a membership directory. It serves as strategic partner for the World Metaverse Awards in Riyadh and association partner for MetaGate Summit.

Ownership category

akta.pro rank

Product category

Industry Association / Metaverse Council

NAICS

Business Associations (813910)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Metaverse Virtual World Platforms (social worlds, land, UGC) (FSAPAGAD)

Keywords

• Metaverse industry council
• Metaverse events partnership
• Industry awards programs
• Metaverse governance body
• Collaborative association

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations

Marketing channels1 record

Core offering

The World Metaverse Council is an international collaborative body that convenes stakeholders around the future of the metaverse. Its activities center on partnering with and convening metaverse industry events (such as the Metaverse Discovery and World Metaverse Awards in Riyadh, and the MetaGate Summit) and offering a directory-based membership to regular users who join the Council.

Product overview

World Metaverse Council is described as an international collaborative body focused on shaping the future of the metaverse. The source material references the Council as a strategic partner for metaverse-related events (Metaverse Discovery and World Metaverse Awards in Riyadh) and as an association partner for MetaGate Summit. No specific product offerings, software platforms, modules, or named service products were identified in the source data.

Differentiator

Problem solved

Functional benefit

Products and services

• Regular User Membership
• Metaverse Discovery and World Metaverse Awards (Riyadh)
• MetaGate Summit Association Partnership

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Metaverse DiscoverycoreStrategic or Co-development PartnerThe World Metaverse Council was announced as a strategic partner for the Metaverse Discovery event and World Metaverse Awards, which took place in Riyadh. This first-of-its-kind event included an awards ceremony recognizing the innovative achievements of digital trailblazers across a range of categories.
• MetaGate SummitcoreStrategic or Co-development PartnerMetaGate Summit announced its groundbreaking collaboration with the World Metaverse Council as its association partner, marking a monumental stride toward shaping the future of the Metaverse. The Council serves in an association partner capacity for the summit.

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Khronos Group: A long-established open standards consortium (WebGL, glTF, OpenXR) that now anchors the Metaverse Standards Forum. Comparable to WMC as an industry-body convening competitors around shared metaverse-adjacent technical standards.
• IEEE Standards Association: A globally recognized standards-setting body increasingly active in metaverse-adjacent areas (XR, AI, digital identity). Comparable to WMC in the standards/collaboration model, but as an entrenched incumbent with much broader scope.
• World Economic Forum (Metaverse Initiative): A large incumbent international body running a dedicated metaverse governance initiative. Comparable to WMC as a high-profile convener on metaverse policy and standards, but at vastly larger scale and scope.

Emerging players

• Decentralization Research Center: A research and policy-oriented body working on decentralized technologies, including metaverse-adjacent governance. Comparable to WMC in its international collaborative framing around emerging tech governance.
• Metaverse Society: An emerging professional community and industry body for metaverse practitioners. Comparable to WMC as a membership-oriented collaborative body serving the same international metaverse professional audience.
• Open Metaverse Alliance (OMA3): An alliance of metaverse/Web3 platforms working on interoperability, identity, and governance. Directly comparable to WMC's mission of cross-organization collaboration for the open metaverse, but operating from a more platform-anchored membership base.

Regional players

• Dubai Metaverse Strategy Office (DET): The Dubai government-led initiative to position the emirate as a global metaverse hub. Comparable to WMC as a regional metaverse convening authority and a likely partner/counterpart within the same UAE ecosystem.

Direct peers

• Virtual World Society: A nonprofit collaborative organization focused on the responsible development of virtual worlds and the metaverse. Closely comparable to WMC in mission framing — international, governance- and standards-oriented — though primarily policy and education-focused.
• Metaverse Standards Forum: An industry-wide standards and interoperability body for the metaverse, founded under the auspices of the Khronos Group. It is the closest direct comparable to WMC as an international collaborative council shaping metaverse governance and standards.
• Blockchain Game Alliance: An industry alliance promoting blockchain-based gaming and metaverse-adjacent ecosystems. Comparable to WMC in structure (nonprofit collaborative body, events, partnerships) and partially overlapping in scope on metaverse governance.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

• Facebookfacebook.com/WmetaC
• LinkedInlinkedin.com/company/worldmetaversecouncil

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about World Metaverse Council