{"id":136195,"date":"2022-02-28T19:23:09","date_gmt":"2022-03-01T03:23:09","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2022\/02\/not-just-china-south-korea-is-betting-big-on-metaverse-too-plans-to-spend-187-million-to-build-its-national-ecosystem-form-a-digital-new-deal"},"modified":"2022-02-28T19:23:09","modified_gmt":"2022-03-01T03:23:09","slug":"not-just-china-south-korea-is-betting-big-on-metaverse-too-plans-to-spend-187-million-to-build-its-national-ecosystem-form-a-digital-new-deal","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2022\/02\/not-just-china-south-korea-is-betting-big-on-metaverse-too-plans-to-spend-187-million-to-build-its-national-ecosystem-form-a-digital-new-deal","title":{"rendered":"Not just China, South Korea is betting big on metaverse too \u2014 plans to spend $187 million to build its national ecosystem, form a Digital New Deal"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/not-just-china-south-korea-is-betting-big-on-metaverse-too-plans-to-spend-187-million-to-build-its-national-ecosystem-form-a-digital-new-deal.jpg\"><\/a><\/p>\n<p>Other than creating experts, the Ministry\u2019s statement detailed three other objects for the future, which include creating an expanded virtual world (translated from Korean). The government also wants the metaverse platform to focus on industrial convergence and lifestyle, using it for growing Korea\u2019s education industry, media and its cities.<\/p>\n<p>Further, the statement also said that content creators will get support from the government\u2019s strategy. The Ministry will also host hackathons, developer events etc. aimed at fostering the country\u2019s metaverse community, while the statement also mentions forming favourable regulatory systems and laws in order to favour the metaverse.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Other than creating experts, the Ministry\u2019s statement detailed three other objects for the future, which include creating an expanded virtual world (translated from Korean). The government also wants the metaverse platform to focus on industrial convergence and lifestyle, using it for growing Korea\u2019s education industry, media and its cities. Further, the statement also said that [\u2026]<\/p>\n","protected":false},"author":662,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32,1490],"tags":[],"class_list":["post-136195","post","type-post","status-publish","format-standard","hentry","category-education","category-government"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/136195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/662"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=136195"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/136195\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=136195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=136195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=136195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}