{"id":554768,"date":"2021-11-10T13:37:05","date_gmt":"2021-11-10T13:37:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/10\/welcome-to-the-fifth-dimension-where-you-can-file-municipal-paperwork\/"},"modified":"2021-11-10T13:37:05","modified_gmt":"2021-11-10T13:37:05","slug":"welcome-to-the-fifth-dimension-where-you-can-file-municipal-paperwork","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/10\/welcome-to-the-fifth-dimension-where-you-can-file-municipal-paperwork\/","title":{"rendered":"Welcome to the fifth dimension, where you can file municipal paperwork"},"content":{"rendered":"

<\/a> Municipal metaverse:<\/strong> South Korea will be entering the metaverse<\/a> with a five-year plan to build a virtual platform for public services and cultural events, tentatively christened Metaverse Seoul, according to a municipal press release<\/a>. The capital city\u2019s government will invest USD 3.3 bn next year alone to build its self-developed virtual platform, envisioned as \u201ca new continent \u2026 where public demand and private technologies are combined,\u201d according to its smart cities director.<\/p>\n

When can we visit? <\/strong>South Korea\u2019s capital will ring in the coming new year with a ceremony in the virtual city. By 2026, Metaverse Seoul will host a city hall where residents can make enquiries and file paperwork, a mayoral office, a business hub and co-working spaces, a fintech lab meant to attract foreign investment, networking and conference facilities, and virtual versions of the city\u2019s main tourist attractions.<\/p>\n

The public sector enters the Matrix:<\/strong> The fight to build the metaverse is set to raise a whole lot of thorny questions about territory, ownership, accessibility, and the distinction between public and private space in the digital sphere. Signs abound<\/a> that Mark Zuckerberg\u2019s recent rebrand of Facebook to Meta<\/a> was merely the opening play in a coming corporate turf war over the new frontier. Seoul\u2019s announcement brings government into the fray, and may set the tone for private-public collaboration in the space. Expect interest in any coming announcements about which private firms and technologies are brought in to help develop Metaverse Seoul.<\/p>\n

\n

How not to manage your wealth: A memoir by Elon Musk.<\/strong> The Tesla CEO\u2019s net worth plunged USD 50 bn in two days \u2014 the biggest drop in the history of theBloomberg B\u2019naires Index<\/a> \u2014 after he set up a Twitter poll<\/a> asking if he should sell 10% of his shares in the automaker. Apparently, selling USD 21 bn of Tesla stock was \u201cthe only way\u201d for Elon to \u201cpay taxes personally.\u201d The poll, now branded \u201cthe most expensive tweet in history,\u201d drove down Tesla\u2019s share price by 16% this week, with more than half of the respondents voting yes. Also not helping the company\u2019s share performance: Elon\u2019s brother sold<\/a> some USD 109 mn-worth of his shares just one day before the poll.<\/p>\n

Don\u2019t set up a GoFundMe for Musk just yet:<\/strong> All that being said, Tesla is still up by a whopping 45% this year and Musk is still the richest man on earth.<\/p>\n","protected":false},"excerpt":{"rendered":"

Municipal metaverse: South Korea will be entering the metaverse with a five-year plan to build a virtual platform for public services and cultural events, tentatively christened Metaverse Seoul, according to a municipal press release. The capital city\u2019s government will invest USD 3.3 bn next year alone to build its self-developed virtual platform, envisioned as \u201ca […]<\/p>\n","protected":false},"author":1,"featured_media":554769,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[637,633,647,638,7198,648,873,414],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-554768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-elon-musk","tag-enterprisepm","tag-facebook","tag-for-your-commute","tag-meta","tag-metaverse","tag-smart-cities","tag-south-korea","wpautop","entry"],"acf":{"mongo_id":"eee5bdf2-e1dc-419f-b6a0-aa73ab54052e","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/11\/100.jpg","photo_position":"above","related_issue":[554764],"teaser":"","voice_url":""},"yoast_head":"\nWelcome to the fifth dimension, where you can file municipal paperwork - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/11\/10\/welcome-to-the-fifth-dimension-where-you-can-file-municipal-paperwork\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Welcome to the fifth dimension, where you can file municipal paperwork\" \/>\n<meta property=\"og:description\" content=\"Municipal metaverse: South Korea will be entering the metaverse with a five-year plan to build a virtual platform for public services and cultural events, tentatively christened Metaverse Seoul, according to a municipal press release. 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As the metaverse continues to expand, and with it the possibilities of what can be done in the digital space, there appears to be a more radical transformation in how we view typical dress codes on the horizon. Just\u2026","rel":"","context":"In "WHAT\u2019S NEXT"","block_context":{"text":"WHAT\u2019S NEXT","link":"https:\/\/enterpriseam.com\/egypt\/category\/whats-next-2\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/570.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554654,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/02\/have-no-fear-super-apple-is-here-nvidia-wants-in-on-metaverse-plans-working-less-could-save-the-planet\/","url_meta":{"origin":554768,"position":5},"title":"Have no fear, super Apple is here + Nvidia wants in on metaverse plans + Working less could save the planet","author":"enterpriseam admin","date":"2 November 2021","format":false,"excerpt":"Get used to hearing a lot more Matrix\u2026sorry\u2026metaverse talk: Facebook\u2019s Matrix, sorry, Meta\u2019s big venture in the \u201cembodied internet\u201d is spurring other companies to follow suit. Now the world\u2019s largest chipmaker, Nvidia, is also staking its claim on virtual territory: \u201cYou might not think you\u2019ll be in the metaverse, but\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/38.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/554768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=554768"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/554768\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/554764"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/554769"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=554768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=554768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=554768"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=554768"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=554768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}