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Metaverse frenzy in China: registration application from 3700 companies

Chinese big era companies did not remain detached to the “metaverse” frenzy initiated by means of Fb. in line with the QiChacha web page, which incorporates particular information about Chinese Language firms; NetEase, one among the rustic’s largest web generation and cell recreation firms; “NetEase metaverse”, “Leihuo metaverse” and “Fuxi metaverse” have filed a patent utility for the names, while Baidu, the biggest search engine in China, has filed a patent application for the “metapp” logo.

Metaverse applications from greater than 3700 companies

in step with QiChacha, greater than 3700 firms, including Tencent, Bytedance, and Alibaba, have implemented for metaverse-comparable trademark registrations.

Some Other Chinese Language generation to remember. company, ByteDance, purchased a digital truth glasses producer company for $ 1.4 billion in August. These glasses are seen as one in every of the most essential elements of the metaverse universe.

The Chinese distributor of Roblox, a provider of online game platform and sport advent techniques, was once Tencent, an IT company primarily based in China.

“The metaverse will likely be a way of life in two decades”

In September, while Facebook had now not but introduced the metaverse, the CITIC Securities company revealed a analysis document and said that the metaverse will become a fact within the subsequent THREE to 5 years. He stated that it will be in a period of discovery and that it would develop into a way of life in twenty years.

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Towards the Chinese state

Alternatively, the Chinese Language state, which considers cryptocurrencies and mining illegal in the usa, does not want the metaverse either. . Last week, a suppose tank affiliated with the China National Security Agency revealed an editorial stating that the metaverse can cause technological discrimination and cyber assaults, and will threaten national security as a result of possible social changes.

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