Philippines Helps Local Creators In The Metaverse
23 August 2022
To help local creators confidently create content in virtual worlds and better reach a global audience, the Philippines has partnered with a Singaporean-based company, Stardust Digital Private Ltd. that aims to connect creators in the entertainment world to a global audience and creator community.
"The promotion, use, commercialization, and monetization of their intellectual property creations are all things that the metaverse enables our artists and creatives to have more influence over in a way that has never been seen before. The Philippines has always been known for the intrinsic creativity and ability of its people, so whether we view the metaverse as an extension of the physical world or a completely new digital universe, it stands to help the country's creative industry," Bureau of Copyright and Related Rights (BCRR) Director Emerson G. Cuyo said.
He added, "The metaverse will therefore be a significant marketplace where we may advertise original Filipino works of art."
The Philippines' significance as a metaverse market and the reason why Stardust chose it as their first foreign location are discussed by Gin Kai Chan, CEO of Stardust.
"This place is filled with so many gifted artists and forward-thinking businesses that are aware of the countless opportunities that Web3 offers. We anticipate working with partners in the Philippines like IPOPHL, one of the first national institutions to have the metaverse world on its radar, on a number of intriguing projects, Chan said.
- Excel V. Dyquiangco
