💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

New Era of the Internet Is Coming – Interactive Shopping

Published 03/03/2022, 08:06 AM
Updated 03/03/2022, 09:31 AM
New Era of the Internet Is Coming – Interactive Shopping
GOOGL
-
AMZN
-
GOOG
-

For thousands of years shopping has been one of the central activities of human social life. People not only used to trade goods during shopping – they would receive the latest news, see who’s up to what, and show themselves off while shopping.

DecentWorld, an immersive Swiss-owned, blockchain-based metaverse, has finally launched on March 1. The highly anticipated platform’s creators say DecentWorld will step by step revolutionize not only the blockchain industry, but also the way people shop.

In the past ten years, shopping has become the least interactive it ever was. Online shopping has taken the lead, not only for it’s increased availability but also for it’s convenience – the pandemic has made the usual social aspect of shopping unsafe.

“It used to be way more romantic. Now shopping is much more convenient but it has arguably lost its charm. The only social aspect you get while online shopping is maybe leaving a review. We believe that the perfect solution is somewhere in between, providing the convenience of the online with the added metaverse experience,” the DecentWorld team shares.

Revolutionising Shopping with NFTs While the pandemic is slowly dying down, new realities emerge. Specifically, metaverses. Far beyond being just a buzzword, the metaverse has become the newest goal for many of the world’s tech giants.

Experts say it will become the next Internet, as it will merge several aspects of the great online that were previously separate. DecentWorld will do just that – its metaverse will encompass both the digital and physical worlds, acting as the gateway to an array of virtual experiences.

The creators of DecentWorld shared their thoughts on the future of the Internet. The team believes DecentWorld will storm the market with a solution that revolutionizes how users and businesses participate in shopping by providing real-world assets as NFTs.

“Google (NASDAQ:GOOGL) was once the prime all-encompassing gateway to everyday activities. But now people seek more interactive experiences. The thrill of experiencing augmented or metaverse reality is a natural human emotion, and more and more tech businesses seek to cater that need.

However, the majority of metaverse projects focus only on one aspect of its applications. Our goal was to tackle more metaverse features, and combine them in a meaningful way”, the DecentWorld team shares.

DecentWorld can be described as one of the most valuable projects within the Web3 ecosystem is the metaverse, for many reasons, including the possible interest in the emerging project among e-commerce brands, as well as the innovative solutions it offers to users in the real world.

“We understand that the revolution will not happen overnight. However, we do have certain goals and clear steps on how to achieve it. The end result is to give the shopping process back its social allure, and lessen the isolation. We see the solution as somewhat of a merge between Pokemon GO and Amazon (NASDAQ:AMZN).

Our vision is clear: Users will be able to physically walk around, and shop in the metaverse reality using our products. We want to create that perfect mix between the real world and the analog version of the world for people to be social again,” the team shares.

DecentWorld creators say that to accomplish this, strategically its key is to create a one-to-one copy of the real world with correctly indexed locations, to create a solid base to enable additional experiences. According to them, it is a relatively small – albeit extremely time consuming – step in the grand plan.

“The next step is to invite and onboard the businesses, e-shops, even restaurants - you name it. That is why we plan to open our APIs - it’s our next step in our strategy. The app will be one of the main outcomes of that step. Blockchain and NFT technologies are only tools to ensure that what people are buying will belong to them,” DecentWorld creators say.

Familiar and Scarce The DecentWorld metaverse, being a mixed reality project, primarily functions as the gateway between reality and the virtual world.

In the further project stages, the DecentWorld metaverse will depict a simulated environment that relies on components of Web3 including augmented reality (AR), virtual reality (VR), advanced social media and blockchain technology to create an immersive real-world-like shopping experience for users.

The majority of other metaverse platforms in the blockchain industry focus on similar aspects, including virtual real estate, virtual showrooms, and virtual games to mention a few. DecentWorld firmly sets itself apart as the platform does not focus on one single thing and is created in a way to reflect the real world rather than offer artificial realities.

“This creates familiarity and recognisability. From there on, we can build augmented experiences to make this metaverse cater for wider audiences. What is more, because the DecentWorld metaverse is a one-to-one copy of the real world, it ensures a finite supply of metaverse virtual land, which is the key to increased metaverse property prices”, DecentWorld creators say.

Swiss Quality DecentWorld, owned by Swiss Asset Management AG, is part of a broader Swiss financial product ecosystem, offering world renowned Swiss quality and craftsmanship to shape innovation and the metaverse experience.

Other platform features also cater businesses and clients alike, offering solid and trustworthy processes. Integrated KYC and user verification creates a fraud-proof network on DecentWorld through which transactions can occur. The reliability of the metaverse game is ensured through carefully structured and sustainable tokenomics.

The project development teams plan to open their APIs to allow other apps to join them in powering interoperability and growth. The ultimate goal for DecentWorld is to be a fully sustainable platform offering relevant services to a broad base of users.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7] You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.