Com2uS Launches Joint Venture 'Com2verse' to Build Global Metaverse Ecosystem

[Asia Economy Reporter Seungjin Lee] Com2uS announced on the 4th that it has established a joint venture (JV) called "Com2verse" with its affiliates WYSIWYG Studio and NP, and will jointly promote metaverse development and business with leading companies in various fields.

With the launch of Com2verse, a metaverse-specialized joint venture, Com2uS plans to consolidate the capabilities of the Com2uS Group, including WYSIWYG Studio, a world-class video content production company, and NP, an extended reality (XR) content company. Through organic collaboration with leading companies possessing high expertise and know-how, the goal is to jointly create a highly realistic metaverse.

Additionally, major partners spanning finance, culture, lifestyle, and healthcare?including Hana Financial Group, which jointly develops metaverse financial services and related technologies; Kyowon Group, an edutech and lifestyle culture company; Kyobo Book Centre, a book culture company; and Dr. Now, a non-face-to-face medical consultation and prescription drug delivery service company?will participate as investors in Com2verse to jointly build the next-generation global metaverse ecosystem.

Com2uS has been signing memorandums of understanding (MOUs) with leading companies in various industries since last year to research and develop services aimed at creating a metaverse that faithfully transfers real-world experiences.

Moreover, discussions are underway with dozens of companies across all industries?including entertainment, fashion, food and beverage, healthcare, telecommunications, and distribution?regarding investment in Com2verse. By combining the specialized business capabilities of investors with the Com2uS Group’s metaverse business expertise, Com2verse plans to expand its domain as a game changer that will transform future life.

Meanwhile, Com2uS will officially open the metaverse era starting with the virtual office move-in of Com2verse in the second half of this year. Based on blockchain technology, it is preparing a unique "Metanomics" system where all user activities lead to rewards and production and consumption activities are connected. It will establish a Web 3.0 environment that leads the future digital paradigm by selling virtual real estate, avatars, and items as NFTs, and enabling users to create and trade content.