The Ministry of Science and ICT of South Korea announces Metaverse strategy

The Ministry of Science and ICT, Lim Hyesook, South Korea, announces a pan-government strategy on metaverse as a part of the Digital New Deal 2.0 Initiative. 

The metaverse strategy focuses on four aspects mainly. 

• To strengthen the metaverse ecosystem and environments for the metaverse platform to grow. 
• To support experts in the metaverse field and allow people to access metaverse events without regional restrictions. 
• To support leading companies in the metaverse by providing facilities like metaverse demonstrations and funding. 
• To create an ideal metaverse world. 

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The strategy also sets ethical principles for the metaverse to avoid illegal and unethical conduct while protecting digital assets and copyrights. According to the strategy, the government will also offer metaverse education for non-technical people.

Minister Lim Hyesook mentioned that the metaverse is an unexplored digital continent with unlimited capabilities. Metaverse can become a place where youth can take up many challenges, grow, and leap into a greater world. The Ministry provides metaverse support and facilities to South Korea to help it become a leading global metaverse nation.