How will China's metaverse evolve? Look to the letter 'c'. Clean, censored, compliant and crypto-less is the view from experts.
have applied for around 10,000 metaverse-related trademarks, according to business tracking firm Tianyancha., broke new ground in December with the launch of "XiRang", described as China's first metaverse platform though it has been widely panned for not offering a high-level immersive experience. Baidu says its app is a work in progress.
"Traditional Chinese internet businesses developed first and were then regulated. Industries like the metaverse will be regulated as they are built," said Du Zhengping, head of the state-backed China Mobile Communications Association's metaverse industry committee which was formed in October. "The idea of the metaverse is that one moves between virtual worlds...this goes immediately against the idea of one party, one voice, one vision."
At a January meeting of Beijing's municipal political advisory body which discussed the metaverse's development, proposals included a registration system for metaverse communities aimed at preventing them from influencing wider public opinion and causing economic or financial shocks, according to a state media report.
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