Global Mofy Metaverse Limited (the "Company" or “Global Mofy Metaverse”) (NASDAQ: GMM), a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry, today announced the Company and ELLE CHINA, ELLE MEN CHINA have forged a long-term partnership, embarking on an eagerly anticipated collaboration that promises mutual promotional benefits and an array of exciting projects in the realm of advertising and beyond.
As part of this collaboration, ELLE MEN CHINA will provide Global Mofy Metaverse with a stable and influential platform for publicity, including avenues such as video channels and websites. These platforms will grant Global Mofy Metaverse invaluable exposure, enabling the dissemination of their brand stories and latest products to a much wider audience. Through this partnership with ELLE CHINA and ELLE MEN CHINA, Global Mofy Metaverse will establish connections with a diverse range of consumers, amplifying brand recognition and effectively conveying their unique value propositions. Source: Yahoo Finance
0 Comments
China is in a “friendship recession,” where young people have an average of 2.5 close friends, according to a survey by Chinese social app Soul.
The term, which was one of the platform’s buzzwords in 2023, reflects the difficulties Gen Z users face in making and maintaining friendships. Other keywords this year, such as “buddy search,” “authentic personas,” and “anti-emo,” paint a clearer picture of their emotional turmoil and desire for belonging. “We think it is due to the increased geographical mobility and the fast pace of life,” says Amanda Fan, head of marketing center at Soul. “But socializing is a must-have for everyone, so we can see that younger generations are now trying to explore new ways to connect.” So, how are Chinese youth building relationships in these circumstances? Enter Soul. Launched in 2016, the app connects people of like interests and hobbies, driven by the vision, “May there be no lonely people in the world.” As of December 2022, the Tencent-backed platform had nearly 30 million monthly active users, 80 percent of whom were Chinese Gen Z. Building a Soul-cial metaverse for Chinese youth “China’s Gen Z is regarded as ‘a lonely generation’ as most of them are only children at home,” Fan tells Jing Daily. “When facing pressure from school and work, they may need more emotional companionship compared to the previous generations.” Soul’s mission is to help Gen Z establish these companionships. And the way it achieves this, different from other social networks, is by requiring users to conceal their real identities through the use of avatars. Source: Jing Daily SBI Holdings, led by Yoshitaka Kitao, is a significant financial services company based in Tokyo, Japan. Established in 1999, it has evolved into a conglomerate with diverse financial services, showing keen interest and investments in fintech and blockchain. The partnership is not unfamiliar territory for SBI, given its robust business relationship with Ripple in the development and promotion of blockchain-based payment technology in Asia.
Circle, a global fintech firm founded in 2013, is renowned for its contributions to the cryptocurrency space, including the co-creation of USD Coin (USDC), the world's largest regulated stablecoin. Circle focuses on blockchain-based financial services, and its collaboration with SBI aims to integrate USDC into Japan's financial ecosystem and promote Circle’s Web3 Services. The backdrop to this partnership is the Japanese government's forward-thinking revision of the Payment Services Act on June 3, 2023. The amended regulations set the stage for the regulated issuance and circulation of stablecoins, aligning with Japan's trajectory toward a Web3 economy. Source: Blockster EMURGO Group Pte. Ltd. ("EMURGO"), today announced an educational partnership with Institute of Blockchain® Ltd ("IBS") to further expand its catalog of blockchain education courses and credential new blockchain professionals.
Via this partnership, EMURGO and IBS will organize and co-host blockchain education programs including in-person workshops, webinars, curated learning modules, and other courses covering the latest trends and narratives in both the Cardano ecosystem and the general blockchain industry for business professionals. IBS is Singapore's first blockchain institute and has trained over 2,000 learners from 9 countries across the world. Its past corporate clients include Deloitte Touche, Singapore Customs Academy, Singapore Polytechnic Guild House, Singapore Institute of Retail Studies (Nanyang Polytechnic), and Securities Commission Malaysia & Fintech Academy. Source: PR Newswire Earlyworks Co., Ltd. (the “Company” or “Earlyworks”), a Japanese company operating its proprietary private blockchain technology, Grid Ledger System (“GLS”), today announced that it has signed a Memorandum of Understanding (the “MOU”) with Pocket RD Inc. (“PocketRD”), a developer of 3D Avatar and Blockchain XR technology, to form a business alliance (the “Alliance”) with an aim to leverage the strengths of both companies and expand Earlyworks’ market footprint.
Pursuant to the MOU, Earlyworks and PocketRD agree to work together to perform the following tasks:
Earlyworks agrees to provide GLS, offer design or design support for each product, and conduct technical verification, system development and operation. PocketRD agrees to provide its technology, review specifications, develop new business, and plan and sell systems and products. The Alliance is expected to offer user-friendly services for clients to develop their businesses in the Web 3.0 industry. Many companies are strengthening their efforts in the field of “phygital marketing” (a term coined to describe the marketing initiatives that combine physical and digital forms). By forming the Alliance, Earlyworks and PocketRD aim to serve companies in such efforts. Source: Globe Newswire TON Foundation announced Tuesday that Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has become the largest validator of The Open Network (TON) Blockchain.
The duo said in a statement that Animoca Brands has been assisting with the growth of third-party gaming and GameFi projects within TON’s ecosystem as projects endeavor to scale. With this collaboration, facilitated by the strategic efforts of Manuel Stotz from Kingsway Capital, Animoca Brands is further enforcing its commitment to TON’s ecosystem. According to the statement, Animoca Brands undertook extensive research before deciding to invest in TON’s ecosystem. Two research papers were developed as a result, exploring the potential of TON Blockchain to accelerate the mainstream adoption of crypto. The user-friendliness of TON-based dApps and TON Blockchain’s scalability were highlighted as two elements central to the community’s growth and the TON Foundation’s vision of putting crypto in every pocket. According to the statement, the ongoing collaboration between TON and Animoca Brands will help to seamlessly onboard existing Web2 users into new, exciting, and intuitive Web3 mini-apps with strong use case value. Source: Technode Global ReVers3:x (pronounced "reverse cross") is an "XR" short live performance project that aims to combine the best parts of in-person performances with metaverse performances.
Since the pandemic, streamed shows have become a well-known format for live performances. Initially, these shows were seen as being streamed live because it wasn’t possible to perform in-person shows. However, they’ve evolved over time, and now many shows include elements that create an appeal that only streaming shows are capable of. One example are shows that use the metaverse — an online 3D virtual space. With the metaverse, for example, it’s easy to completely change the stage, location, and costumes for every song, something that isn’t feasible with in-person shows. Also, because the venue is the internet, it’s easy for listeners in Japan or around the world to enjoy watching the show using just their everyday smartphone. For example, in August 2020, Kenshi Yonezu became the first Japanese artist to hold a virtual Fortnite show with his Kenshi Yonezu 2020 Event / STRAY SHEEP in FORTNITE. Yonezu himself appeared as an avatar wearing a sheep’s mask like the one on the jacket of his STRAY SHEEP album. Fans (or, rather, the avatars of fans) from around the world gathered to see his performance. In the case of the Fortnite show, the onstage performance wasn’t technically by Kenshi Yonezu himself, but by his avatar. This surely didn’t sit right with some listeners, who want to see the actual artists as they perform. But what if, instead of an avatar, it were the artist themselves, performing in the metaverse? ReVers3:x (pronounced “reverse cross”), created and released by Sony Music Labels, is an “XR” short live performance project that seeks to create content that brings together the best parts of in-person live performances and metaverse live performances. Source: Billboard Situated in the vibrant, eclectic and ever-evolving metropolis of Seoul, VIVE STUDIOS specialises in visual AI-based metaverse content, leveraging cutting-edge technologies to shape the future of virtual production, virtual humans, hyper-realistic immersive content and CGI. Part of its innovative offering is a state-of-the-art 1,200sqm virtual production facility featuring a large LED wall powered by industry ‘gold-standard’ Brompton Technology LED processing.
VIVE STUDIOS is the only domestic company capable of delivering both creative and practical solution services, having developed and validated the Virtual Production Solution [VIT] and AI-based Virtual Human Solution [VIPLE], thereby securing unrivalled competitiveness. According to the CEO Stanley Kim: “VIVE STUDIOS has forged collaborations with prominent partners spanning diverse industry sectors, including entertainment, automotive, e-commerce, gaming, government and more.” The VP studio empowers clients to unleash the full spectrum of their creativity during shooting sessions. Moreover, the company offers its exclusive virtual production integrated operational solution, meticulously designed for auto lens calibration, XR calibration and timeline-based stage operations, “all seamlessly managed through our intuitive UX/UI interface,” Kim adds. Source: ET now In the ever-evolving realm of cryptocurrencies, nations are charting distinct courses that signal transformative shifts in fiscal and investment landscapes.
Japan's Crypto Renaissance: A Web3 Powerhouse in the Making Recent developments in Japan underscore the profound impact of decentralized financial technologies, prompting a global rethink of regulatory approaches. Japan, long-standing economic rivals with South Korea, has emerged as a potential "crypto and Web3 El Dorado," a term coined by South Korean analysts from Chosun Ilbo, the country's largest newspaper. Prime Minister Kishida's Crypto Commitment: A Paradigm Shift Prime Minister Fumio Kishida's proactive stance on fostering Web3 technologies and easing crypto regulations positions Japan as a powerhouse in this space. The move is in stark contrast to South Korea's tightening regulatory grip and declining investor interest. Japan's Policy Overhaul: Fostering a Crypto and Web3 Ecosystem Japan's commitment to becoming a crypto and Web3 "powerhouse" is evident in recent policy shifts. Self-regulating crypto exchange bodies are relaxing token listing policies, and the government is reforming restrictive crypto tax laws to attract businesses back to the country. International Firms Flock to Japan: A Global Crypto Hub in the Making This momentum has drawn international crypto firms, including Binance, into the Japanese market. The Japanese government's involvement is not limited to policy adjustments; it extends to high-profile events like the WebX conference, where government officials, including Prime Minister Kishida and the economy minister, showcased their support for the crypto and Web3 sectors. Source: Finance Magnates SK Telecom Co., a leading South Korean mobile carrier, will join hands with information technology companies from three Southeast Asian countries to expand its metaverse business in the region, company officials said Monday.
SK Telecom signed a memorandum of understanding (MOU) with Malaysia's Celcom Digi, Indonesia's Agate and Philippines' Cosmic Technologies, respectively, to cooperate for improvement of its metaverse platform ifland in Southeast Asia, according to the officials. Under the MOUs, SKT will focus on creating global services while its partners develop locally customized content and support local customers. SKT said it has conducted tests for localization of ifland for the Southeast Asian market since July and is currently developing Indonesian, Malaysian and Hindi language services for the platform as well as a content curation service for users from different regions. Source: Yeonhap News |