SK Telecom will terminate its metaverse service ‘ifland’ on March 31 next yr. It has not been greater than 4 years since launching in July 2021.
SKT (CEO Young-sang Yoo) announced on the sixteenth that the service can be terminated through Ifland’s official website and app.
The explanation for the service termination was not explained. Only the schedule and refund policy were introduced. Latest subscriptions and in-app payments ended from at the present time. Using paid goods akin to ‘Stone’ ends on the twenty third.
Ifland is a service that SKT promoted globalization under the Metaverse banner. Last April, it signed a publishing contract with Celcomdigy, Malaysia’s No. 1 telecommunications company, and Cherry, a Filipino IoT (Web of Things) platform company.
Starting with Southeast Asian countries, the plan was to find partners within the Americas and South America and give attention to metaverse and AI synergy. Additionally they announced that they plan to introduce artificial intelligence (AI) throughout the yr.
Nonetheless, few major updates have been made since April.
There isn’t a information regarding overseas expansion plans following the termination of this service. Also, some interpreted it as a plan to provide up the metaverse and give attention to AI.
Other telecommunication corporations are also reducing their metaverse business. KT ended its ‘Meta Lounge’ and ‘Genie Bus’ services in April and August, respectively. The launch of LG U+’s corporate ‘Meta Slab’ is being delayed.
Reporter Jang Se-min semim99@aitimes.com