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First country agrees to set up embassy in METAVERSE
The tiny Caribbean island of Barbados has extended its diplomatic outreach to the virtual world, having signed an agreement with a blockchain-based platform to establish a digital embassy in a first for sovereign nations.
The Barbadian government officially signed an agreement to establish a digital embassy in Decentraland, a user-owned, Ethereum-based digital environment, on Sunday, CoinDesk reported, citing the countryโs Ministry of Foreign Affairs and Foreign Trade. The tech platform also noted the move in a tweet.
The island does not plan to stop its digital expansion at that, and is ironing out details for similar deals with a number of other virtual reality platforms, including Somnium Space and SuperWorld, according to the ministry.
https://www.rt.com/business/540319-barbados-embassy-crypto-powered-metaverse/