About the Initiative

The Department of Digital Innovation and the Institute for the Future (IFF) of the University of Nicosia (UNIC) are happy to announce the UNIC Open Metaverse Initiative, a new comprehensive initiative focused on the academic, research and policy issues relating to the metaverse, with a particular emphasis on open public systems and standards.

This initiative builds on UNIC’s eight-year track record as the leading university in the field of cryptocurrency and blockchain. UNIC launched the world’s first degree program in cryptocurrency in 2014.

Today, UNIC has educated over 100,000 students in academic and non-academic courses, has the world’s largest team of faculty and staff focused on cryptoassets and blockchains, and is the academic lead for the EU Blockchain Observatory and Forum (the advisory body to the European Committee).


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Focus Areas

  • An online 6-week course “Introduction to NFTs and the Metaverse” starting in April 2022. The course will be taught by UNIC faculty with guest interventions/lectures by leading NFT creators and collectors and Web 3.0 entrepreneurs and investors.

  • Development of a new Master programme in Metaverse Systems, an interdisciplinary programme focused on preparing creators, developers, architects, social scientists, financial professionals, policy makers, and others for careers in metaverse design and management.

  • The Center for an Open Metaverse (COM) – A new interdisciplinary research center within the Institute For the Future, focused on research on open metaverse systems.

  • The Open Metaverse Alliance (OMA) – a consortium of universities, corporations, non-profits, and governmental organizations committed to developing an open metaverse.

  • Public launch of the first cohort of UNIC incubated NFT/metaverse startups (December 2021).

  • Annual cohorts of NFT/metaverse startups.

  • Support for emerging NFT/metaverse creators.

  • The first permanent university gallery for NFTs (The Block Gallery, inauguration November 2021).

  • An NFT-based system for various campus activities within UNIC’s main Nicosia campus.

  • The acceptance of NFTs by the University of Nicosia Foundation as donations for student scholarship and research support.

  • Decentralized, UNIC’s global crypto conference, will feature a metaverse-focused track.