The metaverse trend appears to show no signs of slowing down as South Korea becomes the first country to express desires to build its own project in the countryside.

According to a recent report, the country plans to invest a whopping $187 million in a national metaverse project. The pledge of approximately $187 million comes from the South Korean Ministry of ICT, Science and Future Planning, and is intended to create a Metaverse ecosystem that aims to support digital content expansion and corporate growth. According to the official statement, the funds will be spent on completing various goals with the aim of creating a large digital ecosystem that goes by the name of Expanded Virtual World. The government agency also intends to use its metaverse as a platform to expand the virtual industrial growth of education, media, and cities together.

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