RIYADH: Production technology firm Livaat Portal, a subsidiary of UBitc Group, has launched a metaverse project, titled Livaatverse, which the company said blends the best of digital and physical experiences. Specifically designed for the integration of the next generation of internet technology, it said Livaatverse offers a range of new opportunities for visitors including ways to earn money by investing in digital real estate, or in non-fungible tokens, known as NFTs, using its digital currency, Livaa Token. The company is also working on bringing its own virtual reality headset device, the Livaat VR Headset to the market. Meanwhile, UBitc Group — a creative solutions company based in Jordan — is in the final stages of construction to introduce the latest studio in the Middle East and North Africa region, specializing in 3D and 360 degrees content production services in the VR/AR world, VFX and cinematic effects.