Today ten companies announced their involvement in the Japan Metaverse Economic Zone (JMEZ), which aims to build an open ecosystem for enterprises creating metaverse experiences. It’s positioned as a digital transformation (DX) play which is part fantasy world, part real world.
With an interim name of RYUGUKOKU, the metaverses will have role play game (RPG) themes for the virtual worlds, including castles and cities.
Despite a strong gaming theme, the consortium is dominated by financial firms, including Japan’s four largest banking groups, MUFG, SMBC, Mizuho and Resona Group, as well as card firm JCB and insurance company SOMPO.
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