This episode is brought to you by the Cloud Wars Expo. This in-person event will be held from June 28th to 30th at the Moscone Center in San Francisco, California.
Highlights
01:50 — South Korea is offering grants to companies to participate in the development of their government-wide national Metaverse project. By offering grants, they’re able to incentivize companies to be onboard and provide solutions to grow their Metaverse.
02:22 — The aim is to eliminate preconceptions and build trust in the possibilities of the Metaverse.
02:48 — Trust is a major issue within Metaverse projects, such as with NFTs, cryptocurrency, and blockchain.
03:08 — The Metaverse has the ability to open endless opportunities, grow economies, and grow companies. So, these initiatives are critical for instilling legitimacy.
03:25 — Kieron suggests that other organizations and governments should look into providing grants, like South Korea, so they can be early to develop in the Metaverse.
