Spain to Offer Grants for Metaverse Companies – Metaverse Bitcoin News

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Spain has announced it will dedicate more than $4 million in grants for metaverse-related projects.

The individuals and companies interested in receiving these grants will have to be based in the European Union or Spain and present a plan, and meet a series of requirements, to be considered. The first batch of grants will be dedicated to the gaming and entertainment sector.Countries from all over the world are now considering the metaverse and its related technologies as important developmental pillars for the future.

in talks with third parties to make some of its government offices and services metaverse-ready. Also, the virtual assets regulator of the country was one of the first to establish an office in the metaverse.In the same way, other countries are putting funds directly into metaverse investments. In May, South Korea

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