metaverse Archives | Be Korea-savvy
Africarare Unveils $UBUNTU Token, Ushering in a New Era for Africa’s Digital Economy

Africarare Unveils $UBUNTU Token, Ushering in a New Era for Africa’s Digital Economy

Africa’s WEB3 Awakening Africa Rises - Bringing People Together JOHANNESBURG, South Africa, Jan. 30, 2024 (Korea Bizwire) – In a groundbreaking move that redefines Africa’s digital frontier, Africarare proudly announces the launch of its pioneering $UBUNTU Token on February 29, 2024. This monumental event marks the birth of Africa’s first metaverse, symbolising a new era of digital empowerment [...]

SK Telecom signs MOUs with 3 Southeast Asian Firms to Expand Its Metaverse Business

SK Telecom signs MOUs with 3 Southeast Asian Firms to Expand Its Metaverse Business

SEOUL, Nov. 27 (Korea Bizwire) — SK Telecom Co., a leading South Korean mobile carrier, will join hands with information technology companies from three Southeast Asian countries to expand its metaverse business in the region, company officials said Monday. SK Telecom signed a memorandum of understanding (MOU) with Malaysia’s Celcom Digi, Indonesia’s Agate and Philippines’ [...]

Rising Trends: Online Ancestral Rites and Metaverse Worship on the Horizon

Rising Trends: Online Ancestral Rites and Metaverse Worship on the Horizon

SEOUL, Oct. 2 (Korea Bizwire) – The telecommuting, online education, and telemedicine sectors have witnessed substantial growth in the wake of the COVID-19 pandemic. Alongside these trends, online ancestral rites are also gaining popularity. Leading up to Chuseok, the Korean Thanksgiving holiday, memorial parks across the nation saw a surge in visitors paying their respects to [...]

SKT Introduces ‘Ifhome’, Personalized Space in a Metaverse World

SKT Introduces ‘Ifhome’, Personalized Space in a Metaverse World

SEOUL, May 3 (Korea Bizwire) — SK Telecom has launched a 3D personal space service called “Ifhome” on its metaverse service Ifland. The service allows users to decorate their space and record their daily lives. Ifhome has a capacity of 31 people, while the existing “land” has been renamed “ifsquare” to provide a communication space [...]

Seoul City Launches a Virtual Pet Adoption Service on Its Metaverse Platform

Seoul City Launches a Virtual Pet Adoption Service on Its Metaverse Platform

SEOUL, May 3 (Korea Bizwire) — The Seoul Digital Foundation, a digital arm of the Seoul city government, on Tuesday launched a new service that allows users to raise pets in Metaverse Seoul, a metaverse ecosystem for administrative services. Users can adopt 10 kinds of virtual pets, such as dogs, cats, and rabbits, in the [...]

Metaverse Offers a Safer Route for School Violence Victims to Report to Police

Metaverse Offers a Safer Route for School Violence Victims to Report to Police

SEOUL, April 30 (Korea Bizwire) —The use of the virtual world known as the metaverse has been proposed as a potential tool to alleviate the psychological strain on students subjected to school violence during police investigations, according to a recent publication titled “Police Investigation of School Violence Victims Using Metaverse,” featured in the journal Police [...]

SM Acquires Post-production Company to Accelerate Metaverse Business

SM Acquires Post-production Company to Accelerate Metaverse Business

SEOUL, April 26 (Korea Bizwire) — SM Entertainment, a K-pop powerhouse, said Wednesday it has acquired a local post-production company to reinforce its metaverse and content business capabilities. SM said it acquired a 51 percent stake in Studio Clon a week ago through Studio Kwangya, the agency’s subsidiary specializing in the production of content for [...]

ICT Ministry Invites Public Participation in Metaverse Project

ICT Ministry Invites Public Participation in Metaverse Project

SEOUL, April 5 (Korea Bizwire) — The Ministry of Science and ICT said Tuesday it will invite regional for-profit and non-profit organizations to participate in a project designed to promote the creation of a metaverse work environment. The project, dubbed “Metaverse Nomad,” was introduced last year on a trial basis, and more than 300 employees from [...]

S. Korea Opens Metaverse Platform for Korean-language Learning

S. Korea Opens Metaverse Platform for Korean-language Learning

SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s culture ministry said Tuesday it will launch a metaverse version of the King Sejong Institute, a government-funded Korean language education brand, this year to help foreigners learn the language anytime and anywhere. The Ministry of Culture, Sports and Tourism said it will operate the service jointly with [...]