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Translucia Invests $100m to Launch Metaverse R&D Center in Australia

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Translucia Invests $100m to Launch Metaverse R&D Center in Australia

Translucia Invests $100m to Launch Metaverse R&D Center in Australia

15 June 2022, Bangkok – Translucia Global Innovation, a subsidiary of T&B Media Global (Thailand), has announced the launch of the Metaverse R&D Center in Melbourne with an initial budget of US$100 million.

Translucia's partners include MQDC, the property developer within DTGO, which is developing its own metaverse within the new virtual world.

Two Bulls, a leading Australian specialist in gamification design, innovative education and entertainment technology, will help develop the Metaverse R&D Center to become one of the world’s largest metaverse research hubs.

Establishing the center is another milestone in T&B’s metaverse project. The “Metaverse Unlimited” global forum at the end of last year attracted great interest from experts, academics, and developers. The company partnered with leading specialist companies including Two Bulls in March.

Dr. Jwanwat Ahriyavraromp, Founder and CEO of T&B Media Global and Translucia, said: “Translucia is delighted to found the Metaverse R&D Center to develop the Translucia metaverse and gather the world’s top experts in metaverse development. The experience and expertise of our partners are vital to bringing dreams to life.

“We want Translucia to be more than a virtual world that everyone knows. It will be a world of happiness and smiles, where everyone can live, work, and enjoy business, socializing, and entertainment in new ways, moving seamlessly between the real and virtual realms.”

 

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