▲SK Telecom signed a strategic collaboration and equity investment agreement with 3D specialized developer Morph Interactive on the metaverse platform E-Friend.



SKT and Morph Interactive to Promote Strategic Investment and Business Cooperation
Providing a platform for creating game elements, avatars, and spaces within Ifland

SK Telecom (CEO Yoo Young-sang) will continue to expand its collaboration related to the metaverse through collaboration with Morph Interactive (CEO Kim Jeong-yeol), a 3D graphics platform developer.

SK Telecom announced on the 13th that it signed a strategic cooperation and equity investment agreement with Morph Interactive on the metaverse platform E-Friend.

Morph Interactive is a Unity-based 3D developer with core metaverse-related technologies and has been a key partner of SKT since the launch of E-Friend.

SKT announced that it plans to introduce the features scheduled to be introduced in E-Friend as quickly as possible through a business agreement with Morph Interactive.

SKT will introduce game elements within E-Friend, strengthen community functions, provide a platform for users to create avatars and lands, and introduce an economic system (Crypto economy).

Yang Maeng-seok, head of SKT Metaverse CO, said, “Through investment and cooperation with Morph Interactive, which has expertise in metaverse-related platforms and 3D development, we will be able to create more enjoyable experiences such as gamification and open platforms.”“We will provide full-scale street service,” he said, adding, “We will continue to expand cooperation with leading companies related to the metaverse and establish ourselves as a global service.”

Kim Jeong-yeol, CEO of Morph Interactive, said, “I am already excited to create an expanded world for E-Friend together with SKT, which is leading the mixed reality service and metaverse market based on 5G communication infrastructure,” and “I will do my best to make E-Friend a communication tool that is closely related to the daily lives of many users and actively utilized in corporate businesses.”