Generation for Eco-Friendly Product Startups
Posted: Sun Jan 19, 2025 8:15 am
This alliance between the public and private sectors is motivated by a goal: to create an open metaverse platform that can be a new tool for the authorities and for the development of Korean companies. A strategy that seems logical, given the persistence of the pandemic and the race for investments in virtual assets such as NFTs and cryptocurrencies. This effort is in fact part of the New Deal Digital 2.0, planned by the government of Moon Jae Jin , which has promised 30 billion won (or $26 million ) in subsidies for the companies concerned .
South Korea is thus a pioneer, since no government has yet committed philippines phone number library comparable means or stated the possibility of a presence of national governance in the metaverse. [Eng] KAIST-SM Entertainment. KAIST, South Korea's top science university, is teaming up with K-pop powerhouse SM Ent. to conduct joint research on digital avatars for virtual concerts in an effort to boost development in metaverse technology. pic.twitter.com/v1SyqOWczX — 오락-님 (@im_jammed) June 24, 2021 However, while welcomed, industry experts are warning against government involvement in the metaverse.
Hyun Dae Won, director of the metaverse academic chair at Sogang University , expressed his concern in an interview with Aju Business Daily : “The essence of the metaverse lies in a new culture. It is necessary to think about how to use the positive energy of the metaverse and blockchain as a driving force for economic recovery. Otherwise, regulations may end up stopping important growth drivers for future industries. ” He pointed out the risk that inadequate regulations or cultural barriers could stifle the creativity of talents destined to emerge from the metaverse.
South Korea is thus a pioneer, since no government has yet committed philippines phone number library comparable means or stated the possibility of a presence of national governance in the metaverse. [Eng] KAIST-SM Entertainment. KAIST, South Korea's top science university, is teaming up with K-pop powerhouse SM Ent. to conduct joint research on digital avatars for virtual concerts in an effort to boost development in metaverse technology. pic.twitter.com/v1SyqOWczX — 오락-님 (@im_jammed) June 24, 2021 However, while welcomed, industry experts are warning against government involvement in the metaverse.
Hyun Dae Won, director of the metaverse academic chair at Sogang University , expressed his concern in an interview with Aju Business Daily : “The essence of the metaverse lies in a new culture. It is necessary to think about how to use the positive energy of the metaverse and blockchain as a driving force for economic recovery. Otherwise, regulations may end up stopping important growth drivers for future industries. ” He pointed out the risk that inadequate regulations or cultural barriers could stifle the creativity of talents destined to emerge from the metaverse.