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South Korea’s government is investing nearly $187 million in a project to create a national metaverse for business and industry. South Korea’s Ministry of ICT, Science, and Future Planning has pledged 223.7 billion won ($186.7 million) to create a national metaverse project that will support the growth of South Korea’s digital economy. The ministry has […]
South Korea is planning on investing $187M to crate the Metaverse ecosystem. They believe that Metaverse would support the growth of digital currencies but also [...]
Recent indications have emerged that not only private businesses are betting big on the metaverse; authorities around the world have also become piqued with the space.
South Korea’s Ministry of ICT, Science, and Future Planning announced a 223.7 billion KRW ($186.7 million) investment to create a broad Metaverse ecosystem to support the growth of digital content within the country. The Ministry wrote in an official statement on Feb. 27 that funds will be spent on completing four main objectives in creating what appears […]