Virtualtech Frontier launches no-code metaverse building platform, Mitoworld
Malaysia’s metaverse and virtual spaces development company Virtualtech Frontier is set to propel Malaysia’s metaverse industry with the launch of Mitoworld.
Mitoworld is a no-code metaverse building platform which allows enterprises to create their own metaverse without the need for coding knowledge or significant financial investment. As such, Mitoworld bridges the accessibility and affordability gap for enterprises that are keen on exploring the realms of possibility in the metaverse.
Mr. Jason Low, Chief Executive Officer (CEO) of Virtualtech Frontier expresses how Mitoworld offers exciting opportunities for businesses to tap into the metaverse through a user-friendly no-code alternative. He explains, “The platform offers a no-code solution that simplifies the process of creating a metaverse, making it accessible to businesses of all sizes and industries.”
Elaborating further, Jason exclaimed how Mitoworld aims to “give the thousands of enterprises and SMEs in Malaysia and from all around the World an accessible and affordable route to the nearly trillion-dollar potential of the metaverse.”
This is in reference to the projected growth of the Metaverse market, which is predicted to hit 936.6 billion by 2030.
Gracing the Mitoworld launch was the CEO of Malaysia Digital Economy Corporation (MDEC), Ts. Mahadhir Aziz, who praised the platform as an innovative solution that will spur the digital transformation of the industry.
In a press release, Ts. Mahadhir Aziz states “Mitoworld aligns with MDEC’s vision of fostering digitalisation and enhancing the competitiveness of local business.” Through continuous collaboration, MDEC hopes Mitoworld will present fresh opportunities to drive social and economic progress in Malaysia.
On the potential impact metaverse platforms such as Mitoworld can have on the economy, Deputy Minister of Science, Technology and Innovation (MOSTI) YB Datuk Arthur Joseph Kurup expressed in a press release that “Through the digital twinning of the physical world and the development of digital assets, the metaverse becomes a new economy and market space for R&D and C&I activities.”
The Mitoworld launch offered an exclusive insight to the simplistic concept and building of a Mitoworld metaverse. In the brief walkthrough, Chief Product Officer (CPO) Ms. Angeline Seah stressed how “the true beauty of Mitoworld is that it does not require any prior knowledge to deploy a metaverse. It’s inclusive, it’s easy, and enables metaverse access for all.”
Mitoworld has already enabled several enterprises to enjoy the benefits of the metaverse, including a partnership with recruiting platform Hiredly to build an Awesome Metaverse Career Fair.
Virtualtech Frontier’s ambitions for Mitoworld knows no boundaries. Speaking on the global expansion milestones for Mitoworld, Mr. Kendrick Tan, the Co-Founder and COO of VTF, assured that Mitoworld will play its part in several industries, including virtual events, exhibition, education, and corporate experience, to name a few. It is their strategy to work with innovative brands and corporates to blaze the path for more metaverse users.
For this year alone, VTF targets at least 10,000 worlds created 1,000 paid subscribers on Mitoworld.
The introduction of Mitoworld into Malaysia’s expanding digital economy gives the promise of a lucrative venture into the metaverse. Virtualtech Frontier could perhaps be the tech unicorn to give Malaysia the competitive edge in the burgeoning metaverse industry. They have more exciting updates in the pipeline including AI powered features, integration with VR headsets, and we await the birth of the next unicorn from Malaysia.
Launch moment here: https://youtube.com/shorts/5sshuIugBG8?feature=share
