S.Korea’s Ifland metaverse launches globally in 49 countries - Forkast News

South Korea’s telecommunications elephantine SK Telecom (SKT) is launching its Ifland metaverse successful 49 countries successful North America, Europe, the Middle East and Asia, the institution announced connected Wednesday.

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Fast facts

• SKT volition utilize K-pop to make associated contented with assorted planetary partners and fortify the connection functions connected the level to beforehand Ifland arsenic a planetary societal metaverse, its press merchandise stated.
• SKT has signed a memorandum of knowing (MOU) with Japan’s largest mobile telephone relation NTT Docomo to cooperate connected contented development, exertion and work of their respective metaverse platforms.
• Ifland has besides named Emirati-based tech steadfast e& and Singapore’s telecommunications radical Singtel arsenic its planetary partners.
• In September, Ifland added an in-platform economy wherever users that big meetings connected the metaverse tin person constituent donations from different users, which tin beryllium cashed out. 
• In Q3 2022, Ifland accumulated a idiosyncratic basal of 12.8 million, according to the property release. Its section competitor, Naver Z’s Zepeto, boasts implicit 300 cardinal downloads globally, with 95% of its users coming from extracurricular South Korea.
• SK Telecom owns implicit 47% of each mobile communications users successful South Korea arsenic of 2021, according to the Korea Information Society Development Institute (KISDI).

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