Report: South Korea to Recruit Companies for Metaverse Content Creation Project

2 years ago

The South Korean subject and ICT ministry has said it volition enlistee companies that volition enactment successful its 2022 Metaverse Content Creation Project. A manager successful the ministry said the task is being promoted arsenic portion of the country’s industry-leading metaverse strategy.

Building Trust successful the Metaverse Content Creation Ecosystem

South Korea’s Ministry of Science and ICT successful conjunction with the National Information and Communication Industry Promotion Agency (NIPA) has said it volition enlistee companies that volition beryllium participating successful the 2022 Metaverse Content Creation Project. Through the project, South Korea intends to enactment section metaverse contented makers arsenic good arsenic the issuance of non-fungible tokens (NFTs).

According to a report successful the Korean connection work News 1, the extremity of the task is to engender spot successful the metaverse contented instauration ecosystem. Four companies volition beryllium selected to enactment successful the task and each 1 volition person astir $160,000 (200 cardinal won).

Meanwhile, Heo Won-Seok, manager of bundle argumentation astatine the Ministry of Science and ICT, is quoted successful the study explaining wherefore South Korea is embracing the metaverse. The manager said:

This task is being promoted arsenic portion of the metaverse caller industry-leading strategy. We volition enactment hard to laic the groundwork for Korea to leap guardant arsenic a starring federation successful the metaverse by providing contented that tin beryllium enjoyed by assorted property groups and enactment for originative activities of creators.

According to the report, companies that privation to enactment successful the task indispensable person their exertion submitted by July 8. In addition, the study said contented creators and contented improvement companies that privation to enactment tin signifier consortiums with token-issuing companies.

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