Julia Stoll
Research expert covering TV and video media
Metaverse in South Korea - statistics & facts
The concept of the metaverse within the broader technology industry refers to a digital world populated by real people, often represented by virtual characters or avatars, who interact with each other and the virtual environment. While the overall concept is referred to as metaverse, each self-contained environment is also a metaverse in and of itself. Different metaverses may have other purposes, ranging from simple socialization to gaming or hosting events. It is common for there to be overlap with related technological fields, such as augmented reality (AR), virtual reality (VR), and blockchain technology as well as cryptocurrency. South Korean consumers have become used to rapid technological advancements, and the metaverse is one of the new digital frontiers being tested by users and companies alike.
