(MENAFN- TimesNewswire )
The live broadcast platform Mandarinwork signed an MOU with MT WORLD METAVERSE TECH in Singapore for the development of the metaverse ecology.
MT WORLD is dedicated to building a UGC-driven decentralized sandbox multiverse, Connect & Create To Earn, where you can use the blockchain assets to experience, create, have fun and earn from the multiverse.
Users access MT WORLD and get an ID Pass to settle in, and then they can have their own Avatar digital person and become a digital citizen. Buy equipment for your Avatar, and determine your appearance, luck and other attributes in each field. Gain benefits through a series of interactive and active behaviors such as creating, experiencing various games or social content, inviting users, and participating in staking mining.
The global metaverse market is expected to reach $996 billion in 2030, registering a compound annual growth rate (CAGR) of 39.8 per cent. The metaverse market size reached a value of $22.79 billion in 2021, according to GlobalData, a leading data and analytics company.
Companies across the globe, including those in non-tech sectors, are now increasingly investing in the technology for better engagement with customers, brand awareness expansion, and identification of new revenue streams.
Through this MOU, the two parties is aim to leverage metaverse development to navigate the future of quick-changing internet ecosystems by creating assets that can change reality, expand options, and boost online interaction. Parter of MT WORLD mentioned: Through this agreement, Mandarin and MT World will bring more core users.
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