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South Korea Invests $51m in Metaverse Projects

South Korea Invests $51m in Metaverse Projects

South Korea’s Ministry of Science has announced a $21 million investment into local services for the metaverse. The news follows the establishment of a $30 million metaverse fund aimed at helping start-ups expand their businesses, reports Forkast. The investment of

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Metaverse festival to unveil in Korea

SK Telecom, the biggest mobile provider in Korea, has successfully staged the world’s first live virtual concert to make use of volumetric image capture technology. The Metaverse Music Festival has officially begun and will continue to take place in the

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South Korea embraces the proto-metaverse

In South Korea, industries and public services will be rolling out virtual avatars and applications sooner rather than later. MetaNews. South Korean people and a number of major companies begun to embrace the metaverse. People in South Korea, as well

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Metaverse, South Korea’s dynamic approach

Facebook, the world’s most popular social networking platform, recently changed its name to Meta and proclaimed its full embrace of the metaverse. But Facebook isn’t the only tech corporation attentive in developing a 3D virtual world in which people communicate

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