Google approves South Korea’s Cyworld metaverse app

Cytown, the metaverse presently being produced under South Korean software developer Hancom and local social media assistance Cyworld Z, recently acquired the environmentally friendly gentle from Google to launch a mobile app on the Playstore.

See relevant short article: Be kind, rewind! South Korea’s Cyworld is back again in Website 3. avatar

Speedy points

  • Hancom will launch the Cytown metaverse just after it finishes linking its system with Cyworld Z, in accordance to regional media experiences.
  • Cyworld Z is a revamped social media system in South Korea that was massively well-liked in the country all around the mid-2000s.
  • The initial Cyworld had 32 million buyers at a person place, but its recognition withered with the advent of mobile social media providers these as Facebook and Twitter.
  • Even though Cyworld Z’s social media application released again in April, it introduced that it will additional evolve its system utilizing cryptocurrencies, the metaverse and non-fungible tokens (NFTs).
  • The Cytown metaverse will recreate Cyworld Z’s interactive social platform in 3D, with its possess overall economy consisting of Dotori, the cryptocurrency issued by Cyworld.
  • Cytown is continue to awaiting approval from Apple’s Application Retailer.
  • In the meantime, South Korea is increasing its stake in the metaverse — previously this year, its science ministry introduced a US$185 million investment decision to develop the country’s metaverse ecosystem.

See connected posting: South Korea destinations $185M bet on the metaverse