Bandai Namco wants to spend over $130 million to make its own “IP Metaverse”
Documentations of Bandai Namco’s mid-term plan have been shared online, revealing the company’s ambitious plans for the next few years. The mid-term plan will span from April 2022 to March 2025, and Bandai Namco intends to spend around $130 million to create its IP Metaverse.
Metaverse is a term used to describe an online virtual world that centers on social interaction. It’s kind of like the next stage of social media, but now companies want to have their spin on it with their resources. Bandai Namco wants to make a Metaverse with its IP. The plan reads that “each IP [will have a] new framework for connecting with fans.”
Bandai owns a vast amount of different IPs, including Pac-Man, Tekken, Dark Souls, the Dark Pictures Anthology, Soul Calibur, the Tales series, and the upcoming Elden Ring. Expect each of those franchises to be part of Bandai’s grander Metaverse plans in the next few years.
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