MetaSpace, an immersive Web3 Play-to-Earn (P2E) game built on Polygon Blockchain, has secured a business license from RAK Digital Assets Oasis (RAK DAO) as a Gaming Studio and Metaverse Service Provider.

As per the press release, the achievement marks a significant milestone in the project’s journey and underscores its dedication to creating a secure, compliant, and globally scalable gaming ecosystem.

MetaSpace offers a dynamic, open-world gaming experience driven by a decentralized, token-based economy. Players can earn, trade, and own in-game assets, including customizable avatars, rare digital collectibles, and NFTs that enhance gameplay and progression. The game blends action, strategy, and exploration to create a deeply engaging universe, empowering players to compete, collaborate, and craft their own unique experiences.

At the heart of the platform is its decentralized NFT marketplace, where players can freely buy, sell, and trade digital assets. Whether flipping NFTs for profit or staking them for high-yield returns, users actively contribute to the in-game economy. The game’s Play-to-Earn model transforms time spent in the game into real rewards, allowing players to shape and benefit from the game’s evolving economy, turning participation into tangible value.

“Securing the RAK DAO license is a key milestone for MetaSpace,” said Mo Akram, the founder. “It gives us the confidence and framework to grow responsibly and scale our P2E ecosystem across borders.”