South Korea is embarking on the development of its own digital universe, the K-metaverse, as part of a program worth more than 7.5 billion dollars. A metaverse academy will be created to train future experts as well as a Korean language institute dedicated to technology to promote Korean culture. Is the K-metaverse the first government-backed digital universe? The South Korean Ministry of Science and ICT (MIST) will allocate 7.5 billion dollars to its Digital New Deal program to develop its own metaverse and AI research. Its goal? To become the fifth largest metaverse market within 5 years. Fo…

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