The Diary Game 29/03/2022 - Korea has poured $ 187 million into its internal metavers ecosystem.

alein (70)memberin Italy • 3 years ago

The Korean government will invest $ 186.7 million to stimulate the expansion of the internal metaverse ecosystem to promote technology companies that will thrive on metaverse projects.

The Korean Ministry of Information Technology, Science and Future Planning has pledged 223.7 billion won (~ $ 186.7 million) to create a Metaverse ecosystem in the country to support the growth of digital content and the growth of local technology companies.

In a statement, the Korean government will focus more on achieving four main goals in creating and perfecting a comprehensive metavers ecosystem called the "Extended Virtual World."

The Korean government wants to expand the country's metavers ecosystem to stimulate the development of the virtual reality industry of cities, education and the media. Next, the Korean Ministry of IT, Science and Future Planning will host community-oriented creative activities, a contest for metaverse developers and a hackathon.

Experienced talent will be supported in many ways and will create all the conditions to build the foundation of the metaverse. Hashed venture capital firm CEO Simon Kim said the Korean government's commitment to supporting the development of the metaverse is auspicious for its business.

Park Yungyu, head of communications and policy at the Korean Ministry of IT, Science and Future Planning, said that it is important to create a world-class metavers ecosystem as a focal point. -connected industry.

Qualcomm is launching a $ 100 million Metaverse investment fund

San Diego-based chip maker Qualcomm is launching a $ 100 million investment fund to help companies build supermarkets using augmented reality (AR) and virtual reality (VR). This fund is called Snapdragon Metaverse, Qualcomm hopes to expand its chip market through this investment fund.

In an interview with the Wall Street Journal, Qualcomm's chief financial officer revealed that the fund will begin accepting applications in June and specific plans will be announced gradually in the coming months.

Qualcomm provided the chip for VR headsets and partnered with Microsoft to create a specially designed augmented reality (AR) chip, generating 17% of its $ 10.7 billion in sales revenue. Metaverse. More and more startups have received funding to build the virtual world, metavers initiatives. For example, Space Runner successfully raised $ 10 million to create fashion and other wearable devices made from digital assets.

Recently, well-known companies such as the Disney entertainment group have intensified their participation in metavers, and more and more companies are registering trademarks related to the sale of items in the metavers space.

Amazon launches Metaverse game, will cryptocurrency grow?

Recently, Amazon launched a 3D web game in which players can move and live in a virtual city. This Metaverse game helps people solve technology problems with the cloud algorithm, and also serves as an educational tool (and sales tool) to teach people how to use cloud services.

This is the first step in Amazon's efforts in the virtual metaverse. According to the plan of the CEO of Amazon Bezos, this new metaverse game aims to promote Amazon Web Services (AWS - the most accepted cloud platform in the world). This platform will collect and analyze user feedback so that AWS can understand cloud storage issues.

However, there are many developers who believe that services should be decentralized, but are essentially centralized because they use AWS for storage. In addition, AWS can remove any company from its servers, which has raised many questions about what decentralization means.

The game is called AWS Cloud Quest and the game is extremely simple. Users travel through the virtual city, helping residents with cloud-related IT issues and earn points for their tasks. The goal of the game is to raise awareness and therefore adopt Amazon cloud services.

AWS Cloud Quest and AWS Educate move away from passive content. We want to transform the abstract concepts of cloud computing into practical knowledge through interactive, practical activities that allow students to switch flexibly between theory and practice.

Info Sources:

beincrypto.com

Image Sources:

South Korea To Invest $186 Million In Virtual Metaverse Ecosystem

Amazon Has Launched its Metaverse Game, Will Cryptocurrencies Follow?

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