Netflix Sweet Home Producer Will Create a K-Drama Metaverse in the Sandbox

To create a K-drama metaverse, the Sandbox metaverse has worked with Studio Dragon, a Korean drama production firm behind titles such as Crash Landing on You, Sweet Home, and Kingdom: Ashin of the North. The Sandbox said on Tuesday that the two would create a K-drama playground on their LAND in the Sandbox metaverse based on Studio Dragon’s intellectual assets. Netflix Sweet Home producer to build K-drama metaverse in the Sandbox https://t.co/Q8fBm5wW37 — Black Media Daily (@BMDaily1) May 18, 2022 Studio Dragon will issue non-fungible tokens (NFTs) with its drama content for the K-drama metaverse. Studio Dragon has released several NFTs based on their television shows Vincenzo and Hotel del Luna. With competing K-pop firms HYBE, SM, JYP, and Cube Entertainment announcing comparable endeavors over the last year, the Korean entertainment business is actively entering the metaverse race. Fifth-largest Metaverse Market in the World The entertainment sector in South Korea is going all out to embrace NFTs and the metaverse. The country’s legislators face a challenging road ahead of them. According to the report, as part of its “Digital New Deal,” South Korea plans to spend roughly $187 million to establish its metaverse ecosystem. The Ministry of Science, ICT, and Future Planning of South Korea has disclosed that the country’s capital, Seoul, will be taken into the metaverse to support the development of companies and businesses. By...