[Featured Stock] EDGC Hits Upper Limit on News of Entering Metaverse Business Based on Genetic Big Data

[Asia Economy Reporter Park Jihwan] EDGC's stock price rose to the upper price limit on the afternoon of the 3rd.

As of 2:45 PM that day, EDGC was trading at 4,225 won, up 975 won (30.00%) from the previous trading day.

The recent stock price surge is attributed to the news that EDGC, along with seven companies including Maxst, a virtual and augmented reality (VR·AR) specialist, and Classsoft, a game platform and content developer, formed a consortium for the 'Metaverse Project' and will supply the genomic big data engine 'Yuhoo' technology.

The project aims to build a new social networking service (SNS) where hundreds of millions of users can interact together through avatars and engage in social and economic activities as well as various transactions such as video, performances, games, fashion, and smart healthcare.

The revenue business model involves value creation using virtual humans like the cyber model 'ROZY' and establishing a metacommerce ecosystem through games like Roblox. It plans to help companies quickly and safely conduct marketing activities for new products and technologies by entering virtual spaces.

EDGC is responsible for implanting the genomic big data engine Yuhoo, which analyzes approximately 780,000 key single nucleotide polymorphisms (SNPs) among the 3 billion base pairs in human DNA, into the metaverse self. Based on the Yuhoo engine, users will be able to create characters that reflect their own DNA features.

This content was produced with the assistance of AI translation services.