Epic Games and Lego to create a “family” metaverse

The companies will target children’s audiences and emphasize security and privacy

11.04.2022 - 13:50

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1 min

What’s new? Epic Games, a developer of computer games, and the Lego Group, a manufacturer of plastic construction toys, have partnered to create their own “a family-friendly” metaverse. The companies will combine their expertise in developing entertainment content for children and parents, they will focus on complete security and privacy. Details on the future project have not yet been announced.

Announcement on the Epic Games website

How do the metaverses evolve? The analysts at Grand View Research have estimated the average annual growth rate of this market of 39,4% for the decade. They predict that the total volume of the metaverse sphere will reach $678,8 billion by 2030.

More and more companies have started patenting their trademarks to develop in this area. For example, Yum! Brands, the owner of Taco Bell, Pizza Hut, and KFC, applied to register its trademarks for metaverse and NFTs.

Also in late March, the Re-State Foundation, a Swiss non-profit foundation, announced the launch of the world’s first virtual university in the Metametaverse. The project is supposed to unite all educational institutions in Web 3.0.

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