Newswire Agents of Tech

Virtuzone Partners with Pax.world to Build V-shaped HQ in the Metaverse 

Pax.world Founder Frank Fitzgerald and Virtuzone CEO George Hojeige unveil The V at MetaWeek Dubai.

Virtuzone – a United Arab Emirates business focused on company formation and corporate services – has unveiled its plan to build a flagship metaverse office tower in partnership with Pax.world, a blockchain metaverse with an early-mover advantage.

Designed to meet the needs of a burgeoning global digital nomad economy, the ground-breaking metaverse office tower, named The V, will provide an interactive, end-to-end ecosystem for digital nomads, remote workers and global entrepreneurs.

The V will house a state-of-the-art virtual office environment and will offer a host of features that individuals can use simultaneously, such as metaverse avatars, online video conferencing and communication capabilities, virtual meeting rooms, event spaces, town halls and more.

“It is our vision as a company to be at the helm of creating a borderless business environment, where geographical boundaries do not exist and entrepreneurs from all over the world enjoy the freedom to do business and transact with one another in a secure environment,” said George Hojeige, CEO of Virtuzone. “Working hand in hand with Pax.world signifies our solid commitment to making this a reality and to creating a future filled with possibilities and opportunities for startups, professionals and multinational corporations, especially in the Web 3.0 space.”

In addition to providing a wholly digital environment where entrepreneurs can seamlessly connect and network, The V integrates real-world corporate services and business solutions, thus providing a truly global and real-time solution. These services include global banking services, accounting and auditing, Know Your Customer (KYC) and compliance procedures, visas and HR solutions.

The V also enables businesses to establish tax-efficient legal entities, utilize legal decentralized autonomous organization (DAO) structures and benefit from real-world office spaces and mailing addresses, backed by a digitalized mail distribution system.

The metaverse skyscraper is meant to attract and provide a virtual headquarters to millions of digital nomads around the world, further foster and strengthen the UAE’s digital economy, attract foreign direct investment and cater to the changing needs of today’s modern entrepreneurs and remote workers.