Billions of Dollars Invested in Metaverse from China

Especially towards the end of 2021, some reports were shared showing how the metaverse, which was heard all over the world thanks to Facebook, created a frenzy. According to reports from China, more than 1,300 companies have applied for trademark registration for the metaverse. This number was 130 just 3 months ago.

We have been dreaming of for a long time, which managed to make its name known to the whole world this year. metaverse technology has started to settle into life gradually with the developing technology. Especially when Facebook even changed its name in the past months (Meta) announced This technology has attracted the attention of large companies in recent months.

So much so that the number of companies that started to invest in metaverse technology, only in china has already exceeded thousands. According to the latest statements, there are among the world’s largest game companies Tencent, Huawei and Alibaba. more than 1,300 companieshas applied to establish a trademark on the metaverse.

The number of companies applying for trademark registration in the last 3 months has increased 10 times

Trademark filing applications, as well as other information in the reports, only show that metaverse investments made in the last quarter of 2021 at the level of 1.5 billion dollars shows that. There is also some very interesting data: Today, the number of companies applying for registration for the metaverse is more than 1,360, while this number is only 3 months ago it was limited to 130.

Leads Chinese companies applying for trademarks Tencent is located. According to reports, the company, which bought 48.4% of Epic Games and is therefore one of the voices of Fortnite, one of the largest metaverse examples of today, More than 100 registration applications found. Besides these:

  • Prepared for the Metaverse movement, Alibaba established its initiative called XR Lab.
  • TikTok owner ByteDance bought VR glasses maker Pico for $1.4 billion.
  • Xiaomi has invested in virtual reality company Sky Limit Entertainment.

These preparations do not only take place in China. In the West, Meta, Google, Microsoft and Apple continue to develop their own virtual and augmented reality technologies.


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