GGTalks
  • About Us
  • Advertise
  • Blog
  • Career
  • Contact
  • Contact
  • Home
  • Privacy Policy
  • Team
Facebook Twitter Instagram
Facebook Twitter Instagram
GGTalks
Discord
  • News
  • Reviews
  • Lists
  • Guides
  • Explainer
  • Opinion
  • PC
  • Mobile
  • Console
  • Cloud
  • Esports
GGTalks
Home > Sony Has Invested $1 Billion in Epic Games’ Metaverse
Common

Sony Has Invested $1 Billion in Epic Games’ Metaverse

Rishabh ShandilyaBy Rishabh ShandilyaApril 29, 2022
Share
Facebook Twitter LinkedIn Pinterest Email

KIRKBI (the firm that owns The Lego Media) as well as Sony Group Corporation each invested $1 billion in Epic Games, according to the business’s announcement. At the outset of the $250 million transactions that took place a couple of years ago, the former officially owns1.4 percent of Epic Games.

Chairman Kenichiro Yoshida thinks that the PlayStation developer is on the right path “to put funds in Epic” to strengthen their “connection in the virtual world industry. ” It is the former’s belief that Sony’s technology and the “expertise” of “Epic” would help the company build “novel virtual fan interactions in games” and “virtual production projects” via this relationship.

According to Epic, the three firms “seek to build innovative communal entertainment exploring the relationship among virtual and genuine domains.” For a while, the public was unaware of the metaverse, but huge financiers are clearly aware of its promise. In the meanwhile, Epic has been especially active on its metaverse ambitions, and we’re eagerly awaiting their fruition.

Have You Read: Stray Comes This Summer

Earlier this month, Epic Games as well as The Lego Company signed a deal to “create a space for youngsters to interact in the Metaverse.” Consequently, KIRKBI’s investment is understandable. Both companies have committed $2 billion to Epic, but the statement renders it explicit that “CEO and founder Tim Sweeney retains ownership of Epic.”

What Is Metaverse?

In a nutshell, “metaverse” refers to a connected digital environment, and so, it’s not unique. Minecraft as well as Roblox, which offer cooperative gaming in the style of a metaverse, may keep you occupied for a long time. Even farther back, systems like Second Life as well as Habbo Hotel, IMVU, and Club Penguin were all once the talk of the town,

When I couldn’t find genuine relationships in the everyday world, I would travel such crazy virtual realms populated with pixelated characters. It’s not a revolutionary idea, however, the metaverse is taking on various forms, making “Ready Player One” feel like a reality someday. Using Meta’s Oculus Quest 2 headgear, anyone could now communicate with VR enthusiasts all over the globe, from Beijing all the way down to Egypt.

The LED-decorated stadium where I practiced lasers tagging with my American Pals was replete with sharpshooter weapons, rocket launchers, and other weapons. No !! I’m not joking,

Epic Games Metaverse Sony
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Rishabh Shandilya

I’m the guy you see dancing in the rain in the middle of the night. Pursuing my bachelor’s in literature, I love to read and write and I’m somewhat of a decent storyteller. A die-hard fan of Miyazaki and Murakami and my go-to quote is “The past is a foreign country, we do things differently there”.

Related Posts

PlayStation Showcase 2023 Date Revealed

May 17, 2023

5 Video Game Protagonists With Tragic Flaw

May 11, 2023

Sony Shutters Another First-Party PlayStation Studio

May 6, 2023

Twitch Has Suspended Amouranth Again!

May 5, 2023

Discord Bringing in New Functions

May 4, 2023

The PS5 Delivered More Units in a Quarter Than Any Console Before

April 28, 2023

Fallout 76 Reminded Me Why I Love This Franchise

April 25, 2023

Why Ghost of Tsushima Needs to be Ported to PC

April 18, 2023

How Hironobu Sakaguchi Transformed the Video Game Industry

April 15, 2023
Add A Comment

Leave A Reply Cancel Reply

Top Posts

5 First Person MMORPG Titles to Play in 2023 and Beyond

September 29, 2022

Everything We Know About Operation Lovecraft: Fallen Doll

April 23, 2022

Top 10 Knife Skins in Valorant in 2023 [Latest]

April 1, 2023

Red Dead Redemption 2: How Arthur Morgan and John Marston Are Different in Their Own Way

July 2, 2022

The Witcher 3: Complete system requirements for next gen update

December 17, 2022

Counter-Strike 2 Ranking System Explained – Competitive Tiers

April 2, 2023

Why Video Games Aren’t Fun Anymore

June 26, 2022

Should You Trust Veronika Ryan in Dying Light 2

April 20, 2022

Forza Horizon 5 guide: How to unlock Lamborghini Sian Roadster for free

December 28, 2022

5 Best Nintendo Switch Emulators For PC and Phone in 2023

February 20, 2022
Topics
Action-RPG Activision Activision Blizzard Apex Legends Bethesda Blizzard Entertainment Call of Duty Capcom CD Projekt RED Cyberpunk 2077 Dying Light 2 EA Elden Ring Epic Games Fortnite FromSoftware God of War Halo Infinite Hideo Kojima Horizon Forbidden West Lost Ark Microsoft MMORPG Nintendo Nintendo Switch Overwatch 2 PC Gaming PlayStation PlayStation 5 PlayStation Plus Riot Games Rockstar Games sega Sony Square Enix Steam Steam Deck Techland Twitch Ubisoft Valorant Valve World of Warcraft Xbox Xbox Game Pass
GGTalks
Facebook Twitter Instagram Pinterest YouTube LinkedIn Discord
  • About
  • Team
  • Contact
  • Privacy
© 2023 GGTalks.

Type above and press Enter to search. Press Esc to cancel.