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South Korea to Invest $177 Million Directly in Metaverse Platf | Metaverse | Nfts | News

South Korea to Invest $177 Million Directly in Metaverse Platforms

The
government of South Korea has announced it will start investing in metaverse projects directly. More than $177 million dollars will be invested to kickstart national jobs and companies in this field, according to statements made by Lim Hyesook, minister of science and information and communication technologies.

South Korea is one of the first countries to put funds into this field.While more VC firms and companies are actively investing in the future of the metaverse, some nations are also preparing to invest in this new area to secure the future. South Korea is one of them, having recently announced it is going to invest directly in companies and initiatives related to the metaverse.

Source

@Facebook_Metaverse_Nfts