Indian retailer Flipkart and Polygon will start accepting payments in the metaverse
Brands such as Puma, Noise, Nivea, Lavie, Tokyo Talkies, Campus, VIP, Ajmal Perfumes, and Himalaya have already joined the project
19.10.2022 - 09:45
298
1 min
0
What’s new? Flipkart, India’s e-commerce giant, and eDao, a Polygon-incubated Web3 entertainment firm, have launched a joint project that allows customers to pay for purchases in the Flipverse metaverse, Polygon’s official blog posted the news.
What else is known about the project? The launch of Flipkart’s Flipverse metaverse on the Polygon network is aimed at stimulating customer activity by gamifying the shopping process and using loyalty programs. Major brands such as Puma, Noise, Nivea, Lavie, Tokyo Talkies, Campus, VIP, Ajmal Perfumes, and Himalaya are already known to support the project. Users can create their digital avatars and interact with their favorite brands by buying products or exchanging loyalty points for various collectible digital items.
Earlier, Suresh Kumar, chief technology officer of the largest US retail chain Walmart, said that cryptocurrencies would become an important part of online and offline retail transactions, as they would be used more often on social networks and metaverses to pay for goods and services.
On September 1, M.Video was the first company in Russia to open an electronics store in the metaverse. The project is a virtual showroom of digital innovations and technologies combined with the gaming space.
Useful material?
Market
Tether Finance division will be responsible for the issuance and redemption of USDT stablecoins
Apr 18, 2024
Trends
The first project introduced on the platform will be BounceBit (BB)
Apr 18, 2024
Business
The rate exchange of the native ACH token reacted with a 10% increase
Apr 18, 2024
Market
Miners are hunting for the first block after halving as the value of the first satoshi could exceed $1 million
Apr 18, 2024
Market
The platform will be non-custodial and accessible to everyone
Apr 15, 2024
Market
China Asset Management, Harvest Global Investments, and Bosera Asset Management have received permits
Apr 15, 2024