Fascinating Tech | S1E12
Into the Chinaverse
China is known for developing its own native products, as opposed to adopting existing offerings available in the market. This includes everything from social networks such as WeChat and DouYin (China’s TikTok), to the latest development in Chinese innovation – building its own metaverse.
This interest in the metaverse comes after a complete ban of cryptocurrencies in the country, which appears unlikely to be reversed.
To further understand the country’s intentions of driving the growth of Web3 and the metaverse without crypto, Tech in Asia reached out to some credible sources in China.
This is what they have to say about China’s version of Web 3.
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Fascinating Tech
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