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Samsung Launches ‘Space Tycoon’ Metaverse Experience

News Feed - 2022-07-13 04:07:18

Samsung Launches "Space Tycoon" Metaverse Experience


Electronics giant Samsung has announced the launch of Space Tycoon, a metaverse-based experience built as part of the Roblox world. The gaming metaverse, which is directed to entertain Gen Z users, will feature a world in which Samsung products can be constructed by picking their fundamental components. The experience will also include a shop for buying in-game items. Samsung’s New Metaverse in Space


Big companies are now focusing part of their efforts on creating enticing metaverse-based worlds as part of their strategy. Samsung, the electronics company, is launching a metaverse world constructed as a part of the Roblox universe. The experience, called Space Tycoon, will allow users to participate as part of a space station getting resources to design and produce Samsung products.


The virtual world will also offer the opportunity to purchase items for the players’ avatars from a shop. This experience is directed toward a younger audience, which will have the opportunity to learn about the brand and its products.


About Samsung Space Tycoon, Jinsoo Kim, executive vice president at Corporate Design Center in Samsung Electronics, stated:


We wanted to give our Gen Z customers a chance to experience Samsung products in a way they have never done before. We will continue to showcase content that can deliver more meaningful and entertaining digital experiences for both our current and future customers. Metaverse Background


Samsung has been involved in several software experiences that lean towards gaming and entertainment. The company has been actively developing a series of projects with key partners in the area. One of these is the NFT platform launched in partnership with Nifty Gateway, a popular NFT marketplace, that will allow the platform to offer its NFTs via Samsung smart TVs.


Also, the company has invested in groups whose primary focus is to develop metaverse-based platforms. In April, it took part in the Series A funding round for Doubleme, a Korean-based metaverse company. In the same vein, the company launched its own store in Decentraland, one of the most popular metaverses, in January.


However, the company has not presented hardware dedicated to supporting these experiences, preferring to focus on the software side of things. While virtual reality and augmented reality are commonly related to the metaverse, some are still a bit skeptical as to what this concept really encompasses. Tags in this story Experience, Gen Z, Metaverse, nft, Nifty Gateway, Roblox, Samsung, space tycoon


What do you think about Samsung Space Tycoon? Tell us in the comments section below. Sergio Goschenko


Sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late to the game, entering the cryptosphere when the price rise happened during December 2017. Having a computer engineering background, living in Venezuela, and being impacted by the cryptocurrency boom at a social level, he offers a different point of view about crypto success and how it helps the unbanked and underserved. Spain to Offer Grants for Metaverse Companies METAVERSE | 24 hours ago Dubai Is Preparing to Take Its Government to the Metaverse METAVERSE | Jul 4, 2022


Image Credits: Shutterstock, Pixabay, Wiki Commons, Grand Warszawski / Shutterstock.com Previous articleKazakhstan President Signs Law Increasing Tax Burden for Crypto Miners Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItCentral Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year


The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this ... read more.SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse Fed"s Bullard Wants to Raise Bank Rate to 3.5% by Year"s End, Hints at 75 Basis Point Rate Hike

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