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South Korea’s metaverse allows for a virtual experience in Seoul

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South Korea’s metaverse allows for a virtual experience in Seoul

Source: news.google.com

The Seoul government kicked off its expansion of the metaverse in 2023 with the release of the ‘Seoul Metaverse’. How are other countries driving adoption?

Several studies have projected that the size of the metaverse market will reach $1 trillion by 2030 if mass adoption occurs. Currently, the market capitalization of metaverse tokens, according to CoinMarketCap, is around $12.1 billion.

Top Metaverse Tokens By Market Cap - CoinMarketCap
Top Metaverse Tokens by Market Cap – CoinMarketCap

The Metaverse Seoul

The Seoul Metropolitan Government has taken one of those steps towards mass adoption of a virtual world. Seoul Mayor Oh Se-hoon invited citizens to “Seoul Metaverse,” the city’s public metaverse project.

seoul first fiance a virtual space, “allowing citizens to conveniently meet with avatar officials to discuss civil matters…

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