Capital city of China’s Jiangsu province launches state-backed metaverse platform

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The Jiangsu provincial capital city of Nanjing has launched a state-backed “metaverse” platform called the “Jiangsu Metaverse”, which is designed to act as an online platform for businesses, entrepreneurs and consumers to connect and interact with each other. According to a release, the platform is the first of its kind in China, and provides a variety of services such as data analysis, digital asset operations, online marketing, virtual events, and more. The platform seeks to promote innovation and entrepreneurship in Jiangsu by providing a cloud-based platform for entrepreneurs and businesses to develop and launch their products. The platform will also provide educational resources for students and professionals, as well as access to data-driven insights to help businesses make informed decisions.