The Chinese business attracted $760 million for the development of metaverses – Bits Media

Global development of metavselnaya stimulates large Chinese technological giants to attract millions of dollars to create a virtual ecosystem content.

The Chinese business, with the support of authorities, is developing an accelerated pace. worlds. Planned, that the market size of the Chinese metaverse will grow to $5.8 trillion to 2030 year. Besides 160 000 companies and startups in power are already about 20 provinces and cities support the metaverse.

Now media giant Tencent and one of the leading video game makers Netease Yaotai are competing, working to find ways to develop metaverses. While Tencent is focused on supporting artificial intelligence integration (II) with the real economy, Netease Yaotai Focuses on Using Cloud Gaming and AI to Create System, improving interaction in the virtual world.

Tencent Vice President Wu Yunsheng (Wu Yunsheng) stated, that when creating content for the metaverse, the company will not make a clear distinction between business services and customer services.

“Our technology has two scenarios for applying metaverse content for each market segment. For example, in the B2B sector these are Baowu and Steel. In addition, there are many attempts to use the metaverse in the QQ messenger for the B2C segment. therefore, when we are deep into developing the metaverse, we will not make strong differences in product orientation for B2B and B2C, “Let’s show what real value and convenience our technology can bring to the lives of people and companies.”, - Wu said.

Netease Yaotai Manager Liu Bai (Liu Bai) He assured, that his company has various types of activity scenarios and almost “100 types of personalized skins”, which will be used for in-depth modeling.

“The key areas in the development of the metaverse are research and development, product planning and art", - says Liu.

In the next three years, the Chinese government of Shanghai intends to implement a program to support projects in
virtual reality on $52 billion.