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A South Korean province is using a Metaverse to expand ties with Vietnam, 14 Bored Apes stolen in an elaborate phishing attack, Manchester United launches its first NFT collection, and Twitter users claim Trump's trading cards appropriated images.
The country has been active in the Metaverse development since the beginning of 2022, teasing large investments and regulatory frameworks.
The South Korean government has pledged $186.7 million to support the growth of its new Metaverse platform called the Expanded Virtual World where creators, industry, and commercial talent are expected to converge.
South Korea’s Ministry of Science and Future Planning will invest 223.7 billion won (approximately $187 million) for the growth and development of the metaverse within the country.