MYDCF 2023 Recap: Tourism Malaysia Ventures into Metaverse, RM 12M Funding & More
The Malaysian Digital Content Festival (MYDCF) 2023 marked a significant celebration of digital content and innovation, taking place from September 27 to October 1, 2023.
Held at the Kuala Lumpur Convention Centre, this five-day event brought together digital content enthusiasts, creators, gamers, and industry leaders, offering an ideal space to explore and experience everything related to the digital realm.
But that’s not all – read on for more on the Pemangkin IP360 Metaverse initiative, groundbreaking partnerships, and Tourism Malaysia’s metaverse exploration, all of which promise to shape Malaysia’s digital future.
Pemangkin IP360 Metaverse Launched with RM12 Million Funding to Propel Malaysia’s Digital Growth
The Malaysia Digital Economy Corporation (MDEC) unveiled the Pemangkin IP360 Metaverse initiative at the Malaysian Digital Content Festival 2023 (MYDCF 2023) on September 29, 2023.
This marks a significant step towards positioning Malaysia as a global digital leader.
The initiative, nurtured in partnership with the Digital and Communications Ministry (KKD), aims to provide the essential infrastructure and support for a vibrant and sustainable metaverse ecosystem in the country.
With a commitment of RM12 million in government funding, MDEC will run incentive programs to advance the metaverse and extended reality (XR) projects, fostering national investment and development opportunities for Malaysian creators and studios.
The launch event also welcomed all stakeholders, including tech giants, startups, educators, and policymakers, to contribute to shaping Malaysia’s digital future through this transformative technology, ultimately driving economic growth and global recognition.
MDEC and Acxyn Forge Game-Changing Partnership for Malaysia’s Digital Future
Acxyn, renowned for its groundbreaking IP tokenization platform, received a significant grant of RM750,000 from MDEC, underscoring the agency’s dedication to fostering innovation.
Together, they aimed to position Malaysia as a global gaming hub, attracting foreign IPs and investments, while driving the adoption of creative technologies and propelling the nation to the forefront of the Web3 revolution.
This partnership marked a pivotal milestone in Malaysia’s digital landscape, combining MDEC’s expertise with Acxyn’s innovations, and held the promise of a brighter digital future for the nation.
UniVRse Interactive and M. Nasir’s Luncai Emas Collaborate for Empayar: The Melaka Chronicles Mobile Game
UniVRse Interactive Sdn Bhd and Luncai Emas Sdn Bhd forged a groundbreaking partnership with the signing of a Memorandum of Understanding (MoU) titled “A Collaboration In The Music Related Development For Empayar: The Melaka Chronicles Mobile Game”.
This historic event, held at the Kuala Lumpur Convention Centre, witnessed the participation of key executives, including Dato’ Mohamad Nasir Bin Mohamad and Mohd Hezri Amir Bin Abdul Latif.
The collaboration aimed to redefine digital entertainment, focusing on music-related development for the upcoming Empayar: The Melaka Chronicles Mobile Game.
Luncai Emas, led by renowned artist Datuk M. Nasir, and UniVRse Interactive, an emerging game development company, set out to deliver a fusion of music and technology while promoting Malaysian culture and heritage globally.
The signing marked a significant milestone in the realm of entertainment and digital content development, aligning with Malaysia Digital Economy Corporation‘s commitment to showcase creativity and heritage to the world.
Tourism Malaysia Explores Metaverse with “Let’s Go MRXD Season 2” Featuring MRXD
Tourism Malaysia took a bold step into the metaverse with the launch of “Let’s Go MRXD Season 2”, featuring multi-talented Malaysian artist MRXD (Thomas Kok), in partnership with Colorverse, WebTVAsia, and Prodigee Asia Talent.
Building on the success of Season 1, this innovative venture promised an exciting exploration of central and southern states in Malaysia using cutting-edge Web 3.0 technology.
Participants could virtually tour 12 iconic attractions, fostering a deeper connection to Malaysia’s culture and beauty.
Fans could also look forward to Meet and Greet sessions with MRXD in the metaverse.
This pioneering approach reflected Tourism Malaysia’s commitment to reaching new audiences and providing immersive digital experiences, coinciding with the Malaysia Digital Content Festival at the Kuala Lumpur Convention Centre.
Xsolla Launches Xsolla Curine Academy to Empower Malaysian Game Developers
Xsolla, a global video game commerce company, has introduced the Xsolla Curine Academy in partnership with Curine Ventures, aiming to cultivate and empower local talent in Malaysia’s video game industry.
This initiative, revealed at the Malaysian Digital Content Festival (MYDCF), is designed to provide comprehensive education programs for game developers, covering various aspects of game development and industry-aligned best practices.
The Xsolla Curine Academy offers flexible program durations of 4 and 12 months, with an additional Game Incubator program for in-depth learning.
Furthermore, Xsolla’s collaboration with Xsolla Funding Club and Accelerator brings a network of over 180 investors and publishers, fostering a thriving game development ecosystem in Malaysia.
This initiative is set to bridge the gap between local talent and industry opportunities, ensuring a prosperous future for game development in Malaysia.