Tuvalu moves to the Metaverse to fight for existence with DailyCoin


© Reuters. Tuvalu relocates to the Metaverse to fight for existence
  • Authorities in Tuvalu have announced plans to create a digital replica of the country. It comes as rising sea levels threaten the future of the Pacific island nation.

The first country to move to the Metaverse region

Reportedly, Tuvalu’s Foreign Minister Simon Coffey announced plans to replicate the islands and landmarks in Metaverse at the COP27 climate summit.

The politician argued that it was time to look for alternative solutions for the country’s survival in the face of rising sea levels. In addition, digital replicas can preserve a country’s culture and knowledge for future generations.

“Our land, our ocean, and our culture are our people’s most valuable possession, and to protect them from harm, no matter what happens in the physical world, we will move them to the cloud,” explained the Project Prime Minister. . If the project is implemented, Tuvalu will become the first country to move to the entire Metaverse region. It will also join South Korea’s capital Seoul, and the Caribbean nation of Barbados, as early adopters of Metaverse on a national level.

The devastating effects of climate change

Rising ocean levels pose a threat to this small island nation in the Pacific Ocean. Kofi captured worldwide attention when he addressed COP26 last year standing on his knees in the water to show Tuvalu’s vulnerability in the face of climate change.

At high tide, up to 40% of the metropolitan area is inundated. Scientists predict that the entire country is expected to be inundated by the end of the century. Covey has stated that he believes that by building a digital state, Tuvalu can continue to function as a state even if it is fully immersed.

on the flip side

  • Although the metaverse is an evolving technology that opens many possibilities for immersive digital experiences, it still needs to evolve. Additionally, it’s too early to predict what features and shapes the metaverse will have in the future. The lack of a legal basis can also complicate government attempts to use the metaverse on national levels.

Why should you bother

The metaverse is expected to become an essential part of our daily lives. The use of VR and Web 3.0 may become a solution to make the World Heritage more accessible and to preserve it from destruction. Moreover, the value of the global metaverse market is expected to grow to around $730.5 billion by 2028.

Read more about Dubai’s attempt to invest in Metaverse:

Dubai launches Metaverse strategy with the aim of adding $4 billion to GDP in 5 years

Read more about the development of the metaverse:

Big Tech Metaverses: Everything You Need to Know About the Meta, Microsoft (NASDAQ:) Google (NASDAQ:) and Apple (NASDAQ:)

See the original on the Daily Queen



Source link

Related Posts

Precaliga