How businesses can accelerate their metaverse and Web3 capabilities

Singapore-based game development company, CGAME, has announced new initiatives to help Singaporean companies tap into the potential of the metaverse and remain competitive in the digital economy. The company, which ventured into the metaverse space in 2020, is now officially the first Metaverse agency in Singapore through their partnership with The Sand Box.

Kriskay Choo, Co-founder and CSO of CGAME, discussed the current state of the metaverse for businesses and its status in Singapore and Southeast Asia. He stated that the metaverse scene is currently thriving, with a growth in awareness and understanding since 2021. Choo also highlighted the growth of younger consumer markets who have a better understanding of the technology.

He also discussed the potential for businesses to retain their competitive edge through the metaverse, which is seen as an open platform that fosters a new digital economy. The metaverse allows for more interactive and creative relationships with consumers and has the potential to attract new consumer markets, such as the millennial generation.

Overall, CGAME's new initiatives aim to help Singaporean companies tap into the potential of the metaverse and remain competitive in the digital economy. The metaverse scene looks promising and it is exciting to see what the future holds for businesses in Singapore and Southeast Asia.