South Korea Doubles Down on Metaverse, Announces $51 Million Investment in Related Projects – Metaverse Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 60 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

South Korea announced a pair of initiatives directed to support metaverse projects and companies to build services on top of virtual worlds, and also public-specific projects.

South Korea Doubles Down on Metaverse, Announces $51 Million Investment in Related Projects

The Ministry of Science and ICT of South Korea has approved investments of $51 million in various metaverse projects, doubling down on its metaverse bet for the future. The investment includes a fund for supporting the growth of metaverse companies and another special investment to build several services including region-specific projects.

Due to the deteriorating economic situation at home and abroad, civilian venture investment has dried up. Government support is needed more than ever. It’s time to do it. Since last year, the Korean government has actively invested in the growth of its local metaverse industry, injecting millions in funds directly into companies in the field. In May, Lim Hye-sook, director of the Ministry of Science and ICT of South Korea,

an investment of $177 million in metaverse companies, being one of the first countries to directly put funds into the sector at that time.a program to recruit companies to be part of its metaverse content creation project. The program has the objective of kickstarting the local movement to create content in the metaverse as part of the country’s strategy to be a pioneer in the industry.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MMAIPure is on the forefront of change. They just signed a new MOU for 2mil with NS Labs for the continued development of their S.A.M Blockchain, 3 in 1 PureWallet, and metaverse with Web 2 and Web 3 convergence/API. Take a serious look and I’m sure you will be impressed.

MMAIPure let's go mmai

Totally agree, but I only use ChiefraFba for signals and analysis

Check this out, a create-to-earn open Metaverse where web3 inhabitants gather here to facilitate self-expression, unleash creativity and build a dreaming parallel universe SecondLiveReal SecondLive Metaverse Web3 GameFi Stake Bean Earn Live

They have to do something awesome

Help change my life 😔🤲🇺🇦 BTC: bc1qk77pv4h5ktld688dtf4q2gertkzqd939jlpghw ETH: 0xf8538471c305611d69892B49F52e394816f2aBBD USDT: bnb1g68ysmu4a88h9yrgls6xldfwwswl6y57q4kxuw TRX: TNij7hn5iYAXQdSaF4YfKaakW3jcNmiPa8SHIBA: 0xf8538471c305611d69892B49F52e394816f2aBBD

Why's everybody silent about this channel where you can earn $500- $1000 daily trading altcoin all you need to do is to use the link below to get started 👇👇👇

Ok cool, I only listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!

Brilliant, but using ChiefraFba for signals and analysis

The dragon will fly, $BleYd , NFT's , $BleYd royale casino, staking pools and more, Soul trust DAO..the future of defi...don't miss out .

This is exactly why I only trust ChiefraFba for signals and analysis

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in BUSİNESS

Business Business Latest News, Business Business Headlines