Caixin
Dec 21, 2022 08:04 PM
BUSINESS

In Depth: Strict Rules at Home Push Chinese Metaverse Entrepreneurs, Investors Overseas

A women tries out virtual reality goggles on Sept. 28 at the Dubai Metaverse Assembly in the United Arab Emirates. Photo: VCG
A women tries out virtual reality goggles on Sept. 28 at the Dubai Metaverse Assembly in the United Arab Emirates. Photo: VCG

Metaverse and web3 have become buzzwords in the global tech industry over the past two years as they are believed to be integral parts of the next generation of the internet.

Tech firms and entrepreneurs across the world have been scrambling to start businesses to tap the opportunities, attracting huge investment from private equity and venture capital funds to institutional investors and tech giants.

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