Metaverse

Seoul government opens city’s metaverse project to public

The Seoul Metropolitan Authorities has launched its Metaverse Seoul mission, permitting residents of the South Korean capital metropolis to entry metropolis providers in a digital surroundings.

In a Jan. 16 press briefing, Seoul Mayor Oh Se-hoon announced the launch of the primary section of Metaverse Seoul following beta testing of the mission. In keeping with the mayor, the net surroundings will probably be a “place of communication for residents” of the capital metropolis, permitting them to just about go to lots of Seoul’s sights, entry official paperwork, file sure complaints, and obtain solutions to questions on submitting municipal taxes.

Town’s authorities reportedly spent roughly 2 billion received — $1.6 million — for the primary section of the metaverse mission. In keeping with Oh, the second section will contain making Metaverse Seoul extra accessible to senior residents who could have hassle commuting to metropolis workplaces in particular person. Greater than 17% of South Korea’s inhabitants was greater than 65 years outdated as of 2022, in accordance with data from Statistica.

South Korea, with one of many quickest web connectivity speeds on this planet for its 52 million residents, has led among the initiatives across the metaverse and blockchain adoption because the area grows. Previous to FTX’s collapse in November, the town of Busan introduced plans to construct a crypto change in collaboration with FTX — the native authorities subsequently dropped lots of its international centralized change companions.

Associated: Inside South Korea’s wild plan to dominate the metaverse

Globally, curiosity within the metaverse reportedly surged following Fb rebranding to Meta in October 2021, with many firms saying plans to open digital workplaces. Nevertheless, the crypto market crash and the autumn of main platforms together with FTX, Voyager Digital, and Celsius Community could have slowed adoption in 2022.

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