Successful South Korean Blockchain Company Launches a New Metaverse

Dunamu is one of South Korea’s leading blockchain companies, and the operator of the country’s largest crypto exchange platform, Upbit. The company recently launched a metaverse platform called “2ndblock” which offers various virtual activities, hosts lectures, and organizes performances and online grouping. The metaverse is installed with video call facilities (a loudspeaker feature) to enhance the immersive experience of its users.

The metaverse supports simultaneous access for over 1,000 people at once, allowing users to host large-scale events, conferences, exhibitions, and concerts.

2ndblock stands out from other metaverses by merging the virtual and physical worlds “through unrestricted movements of their avatars who can immediately start a conversation when they are near others,” Pulse News reported.

Dunamu’s shareholders, Song Chi-hyung and Kim Hyoung-nyon, recently became South Korea’s first cryptocurrency billionaires.

On November 24th, 2021, Dunamu launched NFT trading platform “Upbit NFT,” and sold its first NFTs by famous Korean pop artist Jang Koal. 

As stated by a Dunamu official, “[The] metaverse is the next-generation [of] ICT innovation that will change our lives, just like the PC in the 1990s, the Internet in the 2000s, and the mobile in the 2010s. We will lead the next-generation of content economy through active development and investment.”

On The Flipside

  • 2ndblock is expanding, and its upcoming mobile app will soon allow users to create and trade NFTs from within the platform. 


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