The metaverse initiative seeks to adapt the industrial landscape for 'updating Japan through the power of games,' an idea promoted by Hajime Tabata, Web3 advisor for the Japanese government.
Several Japanese tech and finance giants have signed a document to create the Japan Metaverse Economic Zone, a multipurpose virtual universe that will have its base in a platform called Ryugukoku. The virtual world will allow these companies to share their technology with users as it lets them roam this role-playing-game-like world as online avatars.Several Japanese tech and finance companies have kickstarted the launch of one of the biggest metaverse initiatives in Japan.
The idea behind this initiative is to adapt the industrial landscape for “updating Japan through the power of games,” an idea promoted by Hajime Tabata, Web3 advisor for the Japanese government’s digital agency. The agreement also includes the creation of the Pegasus World Kit, a tool that will enable these companies to build their own metaverse spaces inside Ryugukoku.
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