Samsung has invested $25 million in a well-known metaverse startup company!

Bail003

"Korean brand Samsung has been paying close attention to the development of the metaverse, previously launching products that support NFT transactions. In January this year, Samsung introduced the metaverse store Samsung837X. They have recently invested in DoubleMe, a metaverse startup company, indicating that Samsung's entry into the metaverse might be ahead of Meta!

Samsung has invested $25 million in the South Korean metaverse startup company DoubleMe. Korean conglomerates such as Coublement and NH Investment have also invested in DoubleMe. Additionally, DoubleMe has garnered support from global giants like Orange, T-Mobile, Vodafone, and others. DoubleMe is seen as a provider of infrastructure for metaverse scenarios, particularly through its introduction of Twin World, which focuses on artificial intelligence and augmented reality (AR). Many anticipate that DoubleMe is poised to become a major player in the realms of crypto and the metaverse, with Twin World drawing significant attention from potential users, partners, and investors.

DoubleMe's primary focus in the AR field is creating a synergistic effect that bridges the physical and virtual dimensions. Samsung's capital investment will aid in DoubleMe's development, with these funds being allocated to areas such as marketing, personnel deployment, and product development. Furthermore, Twin World is expected to quickly evolve into a commercial product. Samsung's investment signifies their commitment to cutting-edge technology, and forward-thinking companies like DoubleMe and Samsung are rapidly shaping the future in this space."

Ritu77

This is a company with a forward-looking approach, and its board or CEO has a lot of vision! That's why it has a very strategic mindset.

Iti9

Samsung will definitely not miss out on something like this.

Indra55

Their willingness to invest in the metaverse indicates that they have a strong vision for its profitability.