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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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Gucci uses Metaverse as a Product Testing Ground

Gucci uses Metaverse as a Product Testing Ground

Fashion houses such as Gucci and Burberry are leveraging the metaverse to test out new products and build stronger relationships with their audience. The practice is changing the way clothing brands interact with their customers, as the metaverse becomes a

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Japan’s Metaverse Economic Zone Gets Green Light

Japanese Firms Join Forces to Build Common Metaverse Platform

Some of Japan’s leading companies have joined forces to collaborate on a project dubbed the Metaverse Economic Zone. The venture will focus on creating an ‘open metaverse infrastructure’ through pillars such as interoperability, gamification, fintech and information communications technology (ICT).

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