SEOUL, July 19 (Korea Bizwire) — The Seoul Metropolitan Government said Monday that it will launch a project to realize a variety of tourist attractions in the metaverse. Seoul, designated as a lead organization for this project by the Ministry of Science and ICT, will form a cross-regional consortium with North Gyeongsang Province and North [...]
SEOUL, July 13 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it had launched Samsung Space Tycoon, an experience-type virtual space, on the metaverse platform Roblox. Samsung Space Tycoon is a cyberspace using a management simulation game (tycoon) format, allowing users to produce and enjoy Samsung products and items in the universe. Under the background [...]
LONDON and NEW YORK, July 6 (Korea Bizwire) — Global Telephony Provider Webtel.mobi (“WM”) is planning to list an SPV holding a percentage of its shares on a US Stock Exchange. Significant interest is being generated both because of the wide range of products and services provided globally by WM’s AI-controlled “Metaverse” Platform, and the [...]
NEW YORK and LONDON and PARIS, June 15 (Korea Bizwire) – McKinsey & Company released its new report “Value creation in the metaverse,” which shows the metaverse may be too big to ignore. McKinsey’s preliminary forecast shows the metaverse has the potential to grow up to $5 trillion in value by 2030. It shows e-commerce as the [...]
SEOUL, May 31 (Korea Bizwire) — Hyundai Motor Co. said Monday it will set up a Hyundai Motor Studio on mobile-based metaverse platform Zepeto to provide a variety of content about mobility life. The carmaker set up a virtual Hyundai Motor Studio in Zepeto’s Downtown, which depicts the actual Hyundai Motor Studio in Seoul. The [...]
SEOUL, May 26 (Korea Bizwire) — SK Telecom Co., South Korea’s top mobile carrier, said Wednesday it will open an online dance studio on its metaverse platform ifland in collaboration with dance studio/management agency 1MILLION Dance Studio. “One Million Land” is the second achievement of the metaverse culture project that SK Telecom has been carrying [...]
SEOUL, May 23 (Korea Bizwire) — The number of metaverse platform users has plunged after the easing of COVID-19 social distancing measures, putting the brake on the metaverse fever in South Korea, data showed Sunday. The number of weekly active users (WAU) for the metaverse application Roblox over the past week (May 9 to 15) [...]
SEOUL, May 20 (Korea Bizwire) — South Korea’s app-based home matching platform Zigbang Co. said Thursday that it had established a U.S. subsidiary called Soma Development Co. to help expand its presence in the global virtual office market. On Friday, the company unveiled a new global virtual office platform called Soma, an upgraded version of [...]
SEOUL, May 18 (Korea Bizwire) — LG Uplus Corp., a major South Korean telecom operator, on Tuesday unveiled the Uplus Metaverse platform which includes Uplus Virtual Office for office workers and Uplus Kids Zoo for children. Uplus Virtual Office offers a virtual experience of commuting to work, engaging in small talk, meetings, video conferences and [...]
YONGIN, May 13 (Korea Bizwire) — Samsung C&T Corp.’s Resort Group, the operator of amusement park Everland, said Thursday it will release the Everland Metaverse next month. The new metaverse platform, up for primary release on June 17, will allow users to virtually ride the T-express, join a water gun fight onboard the “Shooting Water [...]