Business News Report
May 18, 2023

Epic Games and LEGO Group Team Up to Build a Safe Metaverse

In Brief

Epic Games and LEGO Group are joining forces to build a fun and family-friendly metaverse.

The announcement follows LEGO’s owner KIRKBI and Sony’s $2 billion investment in Epic Games.

Epic Games and LEGO Group Team Up to Build a Safe Metaverse

Gaming giant Epic Games has partnered with Danish toy manufacturer LEGO Group to develop a fun and safe metaverse for families with kids. The announcement follows KIRKBI’s $2 billion investment round in Epic Games. The investment is reportedly aimed at developing the companies’ metaverse initiatives.

KIRKBI’s LEGO Group and Epic Games are both known as leaders in the entertainment field. Epic Games is famous for its appealing virtual worlds, such as Fornite, Grand Theft Auto, and Rocket League. At the same time, LEGO is an established and well-known brand admired by individuals of all ages.

In April 2022, Sony and LEGO’s owner KIRKBI invested $2 billion into Epic Games to advance the development of the metaverse and support its continued growth. As the three companies aim to create a new way of social entertainment, they explore the connection between the digital and physical worlds. The collaboration between LEGO and Epic Games promises to enable virtual adventures that captivate and ensure a safe and enjoyable experience for families.

As of today, the metaverse is seen as a dangerous space, especially for kids. So, family-friendly digital content is a step in the right direction in combating the fear of potential cyberbullying and exposure to inappropriate material.

Neither the LEGO Group nor Epic Games have shared additional details yet. However, we can expect the companies to introduce a joint initiative in the nearest future.

“We are doing a lot of things on the digital side. That is where we are upping the investment. We know very well how to immerse consumers into the Lego universe in stores. We’re working very hard to create that feeling of getting into the Lego brand universe also digitally,”

said Lego’s CEO, Niels Christiansen, in March of this year.

Well-known traditional brands continue stepping into the metaverse space. The collaboration between Epic Games and the LEGO Group represents a significant advancement in the creation of a long-anticipated kid-friendly metaverse.

Read more related articles:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

More articles
Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

Hot Stories

Crypto Weekly Summary: BTC. Alts: SUI, HMSTR, SOL, EIGEN

by Strategy Master
October 07, 2024
Join Our Newsletter.
Latest News

Crypto Weekly Summary: BTC. Alts: SUI, HMSTR, SOL, EIGEN

by Strategy Master
October 07, 2024

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
Binance  Launches ‘Traders League’ Competition With $10M Prize Pool
News Report Technology
Binance  Launches ‘Traders League’ Competition With $10M Prize Pool
October 8, 2024
Ether.fi To Introduce Staking Rewards On October 15, Incentivizing weETH And eETH Holders
News Report Technology
Ether.fi To Introduce Staking Rewards On October 15, Incentivizing weETH And eETH Holders
October 8, 2024
Visa and Ethereum Partner to Bring Stablecoins to Banks Globally. Here’s What to Expect in 2025
Opinion Business Markets Technology
Visa and Ethereum Partner to Bring Stablecoins to Banks Globally. Here’s What to Expect in 2025
October 7, 2024
Crypto Weekly Summary: BTC. Alts: SUI, HMSTR, SOL, EIGEN
Digest Business Markets Technology
Crypto Weekly Summary: BTC. Alts: SUI, HMSTR, SOL, EIGEN
October 7, 2024