FET established "5G Metaverse accelerator" to seize business opportunities in virtual economy

The Metaverse has aroused heated discussion in the scientific and technological circles this year, and various industries expect more from virtual technology than ever before. Far EasTone telecommunications (FET) continued to deploy innovative applications in advance. On December 21, it announced the establishment of Taiwan's first "5G Metaverse Accelerator" to actively form a team to create a Metaverse. FET has long been deeply engaged in the core competencies of "5G big data + AI + IOT", IT security, cloud, energy, vehicle economy, and has a 5G network certified as "the first in the world" by international authoritative institutions. In the future, it will call on new innovation teams to join and focus on two solutions for consumer applications and enterprise customers, seize the business opportunities of virtual economy! The press conference specially invited many important venture capital / accelerator companies in Taiwan, such as CDIB Capital Innovation Accelerator, Taiwan Renaissance Platform, Taiwania Capital, National Innovation and Entrepreneurship Association, TTA Taiwan Tech Arena, SparkLabs Taipei, StarFab Accelerator, Drive Catalyst, Institute for information industry smart system R & D Center and other enterprises to participate, to witness the launch of FET "5G Metaverse Accelerator"!

        FET Chee Ching president said, "as a benchmark enterprise for digital transformation, FET has long been deeply involved in big data, artificial intelligence, Internet of things (IOT) and cloud technologies, and built the world's first 5G network, which has become an important foundation for us to invest in Metaverse applications. Metaverse is a 3D virtual world, just like the digital avatar of the physical world. Through AR / VR and other man-machine interfaces, people can engage in social, commercial, financial, entertainment games and other activities, feel the immersive experience, and even surpass some limitations in the physical world, such as spatial distance and speed. Therefore, the virtual world must complement and integrate with the physical world. The "FET Mobile Circle" platform launched by FET last year will combine innovative energy from different fields to accelerate the development of application scenarios of Metaverse. It is expected that Metaverse will become a 5G "killer application"

        The rich resources of FET across the cloud, energy, multi-media, e-commerce, IT security and other industries, as well as the strong technical team of "5G big data + AI + IOT", professional business and marketing capabilities, and FEG resources, will provide the energy of various development tools, systems, mentors, field verification and business transformation for the start-up team to shorten the exploratory period of "trial and error". The start-up team can take advantage of the marketing business resources of FET to obtain the opportunity to participate in large-scale projects, gradually accumulate reputation and jointly meet the new era of virtual economy brought by Metaverse.

        Peter Hu, the executive vice president of FET information and digital transformation technology group, said: "Metaverse has huge business opportunities. How to build a virtual space across devices, provide innovative experience for different people to create value, and then to promote the virtual economy is the most critical challenge. The science and technology required is deep and wide. In order to solve the challenges of new innovation teams preparing for Metaverse business opportunities, the" FET 5G Metaverse Accelerator "relies on "FET Mobile Circle co-creation platform" and "FET Ecosystem" are two co creation projects, which provide hundreds of expert support across "big data + AI + IOT" and cloud computing technology to help new entrepreneurs verify the business value of Metaverse as soon as possible, increase the business opportunity expansion capacity of enterprises and create enterprise applications that meet the requirements of IT security. At the same time, we will strictly select the strategic partners of new ventures, welcome the introduction of major high-quality venture capital platforms, incubators / accelerators, and look forward to the self introduction of new venture teams! "FET 5G Metaverse Accelerator" has launched docking with ecosystem partners at home and abroad to jointly help start-ups successfully expand and move towards the world. "

        "FET 5G Metaverse Accelerator" is now open to recruit new start-up teams. It has launched two co creation plans, "FET Mobile Circle co-creation platform" and "FET Ecosystem", focusing on consumer applications and enterprise customer solutions. It aims to support 15 new start-up teams every year, It is expected that the preliminary review will be conducted in March 2022. The selected team will be provided with abundant resources such as business model optimization, experience optimization, technology optimization, capital security reinforcement and platform integration by FET. In the third quarter of next year, it will participate in the demo day results presentation to assist the new venture team in refining innovative services with commercial value in the shortest time, Jointly seize the business opportunities of the Metaverse. "FET 5G Metaverse Accelerator" website: https://www.fetnet.net/accelerator/index.html

        The two co creation projects of "FET 5G Metaverse Accelerator" include:

        "FET Mobile Circle co-creation platform": it is committed to providing consumers with diversified and rich mobile digital life experience. It is expected to invite more innovative partners to join, focus on Metaverse, 5G digital life, virtual economy and other industries, improve consumers' social, work, entertainment, shopping and education experience, and become the best digital partner of consumers.

        "FET Ecosystem": provide enterprise customers with all-round digital transformation solutions. It will focus on technologies such as big data, artificial intelligence and Internet of things (IOT), and deeply cultivate solutions in the fields of smart medicine, smart finance, smart manufacturing, smart transportation, smart retail and smart energy. The new start-up team will be introduced to the self-owned and customer field of FET for POC (proof of concept), POS (service verification) and POB (business verification). It is expected to accelerate industrial transformation through cooperation with new venture partners.
 

        #