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Chinese investment is pouring into Metaverse
December 21, 2021
“Metaverse” made both lists, and was the only non-Chinese word on the Yaowen Jiaozi list.
According to business data site Tianyancha, China has registered in excess of 7,000 trademarks related to metaverse. Presently A-level players have poured capital in, making a metaverse gold rush and bringing a boost to metaverse-concepts stocks.
In the essential market, Chinese investment institutions like Hillhouse Capital, Zhen Fund, Wuyuan Capital, Evergreen, Morningside, and Xinghan Capital have all begun to create their metaverse roadmaps, including portfolio ventures from virtual social platforms and virtual idols to game companies and VR/AR projects.
Indeed, even Chinese entrepreneur and internet celebrity Luo Yonghao expressed that his next enterprising venture will be in the metaverse.
The number of trademark applications with “metaverse” in the name has exceeded 7,000 as of December 9, through Tianyancha. More than 1,000 organizations have registered metaverse-related trademarks.
Also, it’s worth mentioning that 100% of the metaverse brand names were filed in 2021 and most in the past two months.
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