South Korea launches ‘Metaverse Fund’ to expedite domestic initiatives

With the help of the Metaverse Fund, South Korea will support the mergers and acquisitions of various firms from the metaverse ecosystem.

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The Metaverse in South Korea: TopGoal Brings Football to Klaytn Blockchain

The metaverse isn’t merely tech jargon. It’s a whole new virtual reality, evolving rapidly to change lives and industries. Beginning as a sci-fi fantasy two decades ago, the metaverse has now become intertwined with modern life.

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First Mover Asia: The Metaverse Is Subject to Earth’s Boring Old Rules

GameFi adoption has been hitting obstacles worldwide, including China and Korea, because of laws about converting in-game tokens to currency; major cryptos drop.

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Samsung Throws In $25 Million In South Korean Metaverse Startup DoubleMe

From having their own Metaverse store coined as Samsung 837X in January 2022, Samsung now throws in $25 million in DoubleMe, a metaverse startup based in South Korea.   Some of the big companies in South Korea with the likes of Coentry Investment and NH Investment have also shown massive support for DoubleMe in terms of […]

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Crypto donations to Ukraine top $37M, eBay eyes crypto payments and South Korea allocates $187M to the metaverse: Hodler’s Digest, Feb. 27-Mar. 5

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Korean blockchain experts seek the government’s help for digital asset market

The Korea Digital Asset Industry Committee meeting discussed crypto tax, DeFi markets, nonfungible tokens and the metaverse during its meeting on Thursday.

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The metaverse draws South Korea’s investment with $187 million pledge

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. The post The metaverse draws South Korea’s investment with $187 million pledge appeared first on CryptoSlate.

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All you need to know about this country's $186M plan to become metaverse leader

South Korea is in the news today after it announced that it plans to support an expanded virtual world ecosystem with an investment of 223.7 billion won or $186 million. The translated document statedThe post All you need to know about this country's $186M plan to become metaverse leader appeared first on AMBCrypto.

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Expanded Virtual World; South Korea’s National Metaverse

The head of South Korea’s Ministry of Science and ICT has just announced the national Government is to invest $187 million to build South Korea’s national Metaverse. According to Coin Telegraph, the Ministry intends building a Metaverse that supports “the growth of digital content and corporate growth within the country.

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South Korea to invest $187M in national metaverse project

The government will provide $186.7 million to stimulate the growth of a metaverse platform that it hopes businesses and industries will thrive in.

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Metaverse ETFs are taking off Worldwide

Metaverse Exchange Traded Funds (ETFs) are growing at an impressive rate in 2022, with certain countries driving the global growth of Metaverse ETFs. From Korea with Love Metaverse ETFs have been growing insanely over the past few months, and we can track movements in a plethora of countries worldwide.

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South Korean Aiming to Become a Metaverse Superpower by 2026

Recently, the ministry of science in South Korea unveiled its ambitious plans to develop a vast metaverse market and establish the country as the 5th biggest metaverse market by 2026. South Korea Eyeing to Become a Metaverse Superpower Metaverse was all the rage in 2021 and the narrative is showing no signs of fizzling outRead More

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South Korea explores Metaverse plans, aims to become the 5th biggest metaverse market by 2026

South Korea is eyeing the growing Metaverse expansion and is all set to work towards developing itself as a major game player in the field. The post South Korea explores Metaverse plans, aims to become the 5th biggest metaverse market by 2026 appeared first on CryptoSlate.

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2022 Seoul SIGNIS World Congress is set to be the World’s first Catholic event held in the Metaverse

The 2022 Seoul SIGNIS World Congress Organizing Committee and GG56 Korea, a blockchain-based consumer satisfaction big data company, had an MOA signing ceremony at the SIGNIS Organizing Committee office located at Sogang University’s Joeng Ha-sang Hall on December 1st (local date).

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South Korea embraces the proto-metaverse

South Koreas will be immersed in the metaverse sooner than later, as industries and public services begin rolling out virtual avatars and applications across the country.

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AMAXG Group’s Integrated Platform for NFT-Metaverse to Enter Global Market

 South Korea’s film and music industries have earned tremendous success from all over the world. Next is South Korea’s Metaverse and big data platform firms.  They are rising...

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