30 September 2021, Bangkok – MQDC is the first partner of a new project by T&B Media Global (Thailand) to create "Translucia", a metaverse (virtual world) where users will interact with each other and a computer-generated environment in new ways.
First-stage investment of THB10 billion will lead to an ultimate value of at least THB100 billion.
“The metaverse is a new global megatrend that we’re now bringing to the business sector, including social development,” said Dr. Ahriyavraromp, Founder and CEO of T&B Media Global (Thailand).
“The connection between the real and virtual worlds will bring a new economy. A variety of innovations and advanced technologies will combine with imagination and creativity to give everyone a new experience, seamlessly connecting work, socializing, entertainment, and other activities.”
Translucia’s first partner is MQDC, which will develop projects in the metaverse.
Mrs. Thippaporn Ahriyavraromp, Founder and Chairman of the Executive Committee of MQDC, said: “The metaverse will drive and transform business in every sector, from entertainment to real estate, retail, and even healthcare.”
MQDC will be the first property developer in Translucia. It will develop a city in this virtual world as it prepares to create a new entity, MQDC Metaverse, responsible for urban development and virtual real estate projects.
“MQDC Metaverse will be the world's first real estate company to establish and develop a connection between real-world and virtual projects. Customers can own a house or condominium in both the real and the virtual worlds, with associated benefits.
“This will allow us to create a world of happiness, sustainnovation, and well-being in perfect harmony.”
Follow Translucia and Thailand’s first metaverse community at www.metaversethailand.com and Facebook/TheMetaverseThailand