Making the Metaverse a Force for Good with the Metaverse Charity Foundation

Making the Metaverse a Force for Good with the Metaverse Charity Foundation

The Metaverse Charity Foundation wants to empower future generations through technologically driven education.

If you are a frequent reader of our website, you must have seen us mention The Sandbox, Decentraland and Axie Infinity. These are some of the most popular metaverses out there, and the one thing they all have in common is that they all have their origins in Asia. 

While Asia is home to all these metaverse projects, it suffers two main issues: the region has major rural-urban inequality as well as a significant wage difference between high-skilled and low-skilled occupations. The only way to solve these issues is to level the playing field through skill-building and education. This is where the Metaverse Charity Foundation comes in. 

The Metaverse Charity Foundation is a non-profit organization that seeks to help young people in Hong Kong build the skills they need to get employment in metaverse projects. We spoke to the team behind the foundation to give our readers the opportunity to be early members of this up-and-coming project. 

Introducing the Metaverse Charity Foundation

The Metaverse Charity Foundation comprises a group of skilled business professionals from various backgrounds, including metaverse building, law, artificial intelligence (AI), marketing and tourism. They have all come together with the common goal of dispensing their knowledge and expertise to the underprivileged youth of Hong Kong. Some experts the Metaverse Charity Foundation has on board are co-Founder of NFT Asia Elaine Shiu and Chief Executive Officer of Pantheon Labs Ivan Lau. Despite their diverse backgrounds, the one thing these experts have in common is that they all collectively believe in the potential of the metaverse.

Estimates project that the global metaverse market will reach US$426.9 billion by 2027. However, for the sector to reach its maximum potential, it needs skilled employees. Today, 67% of businesses cannot keep up with technological changes because of a lack of digital skills. 

Even though the future will be more and more technologically driven, the foundation predicts that topics around the metaverse and cryptocurrencies will continue to be absent from typical educational curriculums. To fill this gap, the Metaverse Charity Foundation seeks to bring on experts to run courses and seminars on these tech trends and keep them up-to-date. 

Goals of the foundation

The Metaverse Charity Foundation is directing efforts toward uplifting economically weaker sections of Hong Kong society. The foundation plans to run classes on creating, minting and selling NFTs as a means of self-employment as well as providing lessons on software, like Maya and Photoshop. It will also match students with relevant projects so that they can get employment opportunities in building metaverse components. 

As per the foundation, the future of education lies inside the metaverse, and thus it is planning on creating a metaverse of its own. Taking classes within the metaverse will help students visualize the concepts they learn. This would be extremely useful to the education sector, given how visualization has been shown to improve student participation and help reach desired learning outcomes. 

The foundation’s plans for the future: tourism

Having tourism experts on board, the foundation also intends to expand and provide government bodies and local businesses the opportunity to promote Hong Kong inside their metaverse. They believe this would help revive the region’s tourism industry, which has been reeling from the impact of the COVID-19 pandemic. 

Launched in August this year, the foundation has since been working on scouting and recruiting members for its committees to bring the best possible team of educators on board. To achieve its goals of making metaverse-building skills accessible to all, it needs the support of like-minded companies and government agencies. If you are interested in supporting them or joining them in their efforts to make the metaverse an inclusive space, make sure to check out their website!

Also read:

Header image courtesy of Metaverse Charity Foundation’s Facebook page


Share on facebook
Share on twitter
Share on linkedin
Share on email


Companies That Are on a Hiring Spree amid Layoffs at Twitter, Meta and Other Big Tech

Companies That Are on a Hiring Spree amid Layoffs at Twitter, Meta and Other Big Tech

The tech industry is facing a slew of staff cutbacks since the beginning of the year. In November 2022, the internet went into a frenzy at Elon Musk laying off most of Twitter’s employees. A few days later, Meta also announced its own round of layoffs, letting go of about 13% of the workforce. Later, Salesforce also confirmed it had dismissed hundreds of workers to cut expenses.

4 Business Sectors Reaping Profit from FIFA World Cup 2022

4 Business Sectors Reaping Sweet Profit from FIFA World Cup Qatar 2022

The 2022 FIFA World Cup 2022 in Qatar will generate roughly US$6.5 billion in revenue, topping the previous record of US$5.4 billion from the 2018 World Cup in Russia. Thanks to the once-in-four-year tournament, Qatar’s GDP is estimated to grow by 4.1% in 2022, and the tournament alone could add up to US$20 billion to Qatar’s economy.

Transparency in the Post FTX World What is Proof of Reserve

Transparency in the Post FTX World: What is Proof of Reserve?

In November this year, two big league crypto businesses, FTX and BlockFi, filed for bankruptcy. FTX had a death spiral after news broke out that the Sam Bankman-Fried-owned exchange had used customer funds to make risky bets through his hedge fund Alameda Research. On the other hand, FTX was closely associated with BlockFi, with them having signed a loan agreement with each other and BlockFi holding US$355 million in digital assets on FTX.

How Do Recommendation Engines Work

How Do Recommendation Engines Work?

Picture this: You just finished a film on Netflix and want to follow it up with something similar. Luckily, Netflix comes to the rescue and gives you the perfect suggestions to continue your weekend movie binge. This isn’t just a hypothetical scenario but something a lot of people actually go through.

Quantum Computing Has a Cybersecurity Problem. Here’s How Experts Are Solving It

Quantum Computing Has a Cybersecurity Problem. Here’s How Experts Are Solving It

In 2019, Google used its quantum computer, the Sycamore machine, to prove that quantum computers can solve a problem in mere minutes. Experts working on the quantum computer found that their system could execute a calculation in 200 seconds, whereas a standard computer would take 10,000 years to complete. What on earth is this powerful tool?

Here Are Some Alternative Sites People Are Jumping To

Musk May Have Killed Twitter: Here Are Some Alternative Sites People Are Jumping To

Ever since Elon Musk purchased the social networking site Twitter for US$40 billion, things haven’t been looking too good for the company’s future. Not only did Musk fire over 50% of the employees soon after stepping on board as the new chief executive officer, but he also intends to allow maximum freedom of speech. This can end up making Twitter a cesspool of racism and misogyny, as well as other forms of hate speech.