South Korea Into Metaverse Ecosystem

South Korea Into Metaverse Ecosystem

South Korea will invest $186.7 million, into its world-class metaverse ecosystem.

South Korea will invest $186.7 million, into its world-class metaverse ecosystem.

The investment is a part of the “Digital New Deal”, policies that aim to help build out digital technologies.

The investment is a part of the “Digital New Deal”, policies that aim to help build out digital technologies.

South Korea’s government, aims to make the country the fifth-largest metaverse market by 2026.

South Korea’s government, aims to make the country the fifth-largest metaverse market by 2026.

South Korea's capital Seoul wants to create a metaverse where citizens can deal with civil complaints and consultations virtually.

South Korea's capital Seoul wants to create a metaverse where citizens can deal with civil complaints and consultations virtually.

However, South Korea currently prohibits the use of any NFTs or token issuance which can be a threat to their plans.

However, South Korea currently prohibits the use of any NFTs or token issuance which can be a threat to their plans.

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