Japanese Tech and Finance Giants Launch Japan Metaverse Economic Zone – Metaverse Bitcoin News

Several Japanese tech and finance giants have signed a document to create the Japan Metaverse Economic Zone, a multipurpose virtual universe that will have its base in a platform called Ryugukoku. The virtual world will allow these companies to share their technology with users as it lets them roam this role-playing-game-like world as online avatars.Several Japanese tech and finance companies have kickstarted the launch of one of the biggest metaverse initiatives in Japan.

The idea behind this initiative is to adapt the industrial landscape for “updating Japan through the power of games,” an idea promoted by Hajime Tabata, Web3 advisor for the Japanese government’s digital agency. The agreement also includes the creation of the Pegasus World Kit, a tool that will enable these companies to build their own metaverse spaces inside Ryugukoku.

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With the rise of Web3 technologies and immersive experiences, it's clear that the metaverse has the potential to revolutionize how we live, work, and play.

I wonder what's the point of doing this?

I wonder what's the point of doing this?

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Tech companies enter agreement for 'Japan Metaverse Economic Zone'Along with the new metaverse economic zone, the agreement focuses on building a collaborative open metaverse infrastructure called Ryugukoku. Imov will shock the world in 2023 ! Building not only the first ever movetoearn app with a mode for disabled people, but also a clothing brand, a blockchain, a launchpad and a project incubator ! Bridging real world towards Web3. Imovofficial Fitness IMT Bitgert BRISE Along with creating the Japan Metaverse Economic Zone, the agreement focuses on building an open metaverse infrastructure called “Ryugukoku,” which will spark the next wave of metaverse development.
Source: Cointelegraph - 🏆 562. / 51 Read more »