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South Korea’s Ifland metaverse dives into play-to-earn

by SB Crypto Guru News
July 14, 2022
in Metaverse
Reading Time: 2 mins read
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South Korea’s Ifland metaverse marked its first anniversary by saying Ifland 2.0, which is able to function an economic system that permits customers to earn income within the metaverse, its operator telecommunications big SK Telecom stated Tuesday.

See associated article: South Korea’s SK Telecom to construct its first Web3 pockets

Quick information

  • The Ifland 2.0 economic system will reward customers who full attendance thresholds and in-metaverse missions with factors that may later have “cash-like utility.” Customers may even have the ability to donate to others for internet hosting conferences on the metaverse.
  • The improve additionally plans to permit customers to design and promote costumes and gadgets for revenue. The brand new options might be launched within the third quarter of this 12 months, in accordance with SK Telecom.
  • South Korea continues to ban play-to-earn options in video video games on issues over selling hypothesis, which is presently not relevant to metaverses.
  • SK Telecom plans to launch the Ifland metaverse, with greater than 8.7 million cell downloads, globally inside the second half of this 12 months. The telecommunications big can also be creating an e-wallet for managing cryptocurrencies and different digital property.

See associated article: South Korea locations $185M guess on the metaverse





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Tags: Bitcoin NewsCrypto NewsCrypto UpdatesDivesIflandKoreasLatest News on CryptoMetaversePlaytoEarnSB Crypto Guru NewsSouth
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