Where the world of Metaverse becomes Real

China’s virtual idol market is gaining attraction

Liu Yexi gained 2.3 million followers just three days after she made her debut on the Chinese short video app Douyin. Liu is a virtual avatar created by Shenzhen Chuangyi Technology and Culture Co Ltd. Her popularity online is a reflection of China’s expanding virtual idol market. The market for virtual idols in China is anticipated to reach $887.3 million in 2021, adding an additional 107 billion yuan to other industries. Eighty percent of followers spend less than 1,000 yuan each month on virtual idols, and around 92.3% of admirers are between the ages of 19 and 30. Analysts predict that improvements in motion capture technology will greatly accelerate their acceptance.

Read more from Chinadaily