One of the leading Japanese game development and publishing companies, is creating its own metaverse. The company announced the resolution in a document outlining its mid-term plan, which details the strategy the group will follow from April 2022 to March 2025.
The plan states:
"In this IP metaverse, we are anticipating virtual spaces that will enable customers to enjoy a wide range of entertainment on an IP axis, as well as frameworks that leverage Bandai Namco’s distinctive strengths to fuse physical products and venues with digital elements."
Bandai Namco announced it expects to spend 15 billion yen ($130 million) for the establishment of the data foundation and the development of the content for this intellectual property (IP) metaverse.
