The chief executive at Chinese internet giant Baidu doesn’t think it will launch a full-featured XiRang metaverse app anytime soon, even though the app has already debuted.
Ma Jie, vice president of Baidu, believes it will take “six years” for XiRang to fully launch CNBC. reporton thursday He noted that app development began in December 2020.
Ma spoke about Baidu’s upcoming annual developer event, “Create 2021,” which the company has promoted as the first Chinese-language conference to be held in the metaverse space via XiRang. 100,000 people will interact using avatars in the metaverse.
The executive noted that Baidu intends to create an open source platform targeting metaverse developers, providing the infrastructure to build in the virtual world.
But despite its focus on digital infrastructure, Baidu’s metaverse apps will not support cryptocurrencies or virtual asset-related assets. That is, even though XiRang uses a blockchain-like underlying technology. The plan is consistent with the ban. Chinese cryptocurrencies
Baidu officially joined the metaverse industry afterregisteredtrademark “metapp” in October 2021.debut XiRang, the first metaverse app which means “Land of Hope”
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