Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

The Shopping Revolution: How Can Metaverses Like DecentWorld Reshape Old Habits

Published 05/17/2022, 04:58 AM
Updated 05/17/2022, 05:30 AM
The Shopping Revolution: How Can Metaverses Like DecentWorld Reshape Old Habits

Shopping can be both therapeutic and exhausting, fun and mundane. And yet it only leaves a few unamused. Since the idea of selling goods on the internet was first introduced, there has been a clear distinction between physical and online shopping experiences. Whilst the traditional brick-and-mortar way of shopping gave us the ability to touch & feel, e-commerce was able to provide convenience and speed.

DecentWorld, a metaverse platform offering their users to acquire, stake, and trade geo-based virtual real estate NFTs, plans to present a revolutionary approach towards shopping. Creators of DecentWorld say that metaverse is about combining the best from both real and digital worlds and redefining the way we shop forever.

Their Marketplace will feature interactive channels for socializing whilst scouting an extensive array of digital real estate NFTs, and most importantly – users will be able to experience it all through an immersive & realistic 3D environment.

Bringing the Social Allure Back

DecentWorld is already seen as one of the most valuable projects within the web3 ecosystem for many reasons, one of them being its innovative take on e-commerce. The team behind the metaverse platform has set out to bring the social aspect back by crafting an immersive 3D user journey, where users will be able to interact via live chat rooms, try the virtual goods out and overall explore shopping as an entertainment.

“Shopping online in the current online world is quite an isolating experience. You’re not able to interact, or feel the product, it is more or less a process of scrolling and adding goods to your basket.

Our vision for the metaverse e-commerce is different. The end result is to give online shopping a realistic touch & social allure back, and lessen the isolation. With messaging features and the 3D environment developed, shopping on metaverse will be the definition of fun, efficiency and convenience,” the team says. According to the DecentWorld’s team, their one-to-one copy of the real world with correctly indexed locations will become a key fixture, providing a solid foundation not only for shopping, but for additional experiences too, such as traveling, attending concerts, visiting galleries and more.

The platform features 12 million Street NFTs, all of which are copies of real world. The creators are planning to expand the Map soon, reaching a total of 18 million digital Streets. In less than two months since DecentWorld has been launched, the digital versions of top 100 famous streets worldwide were sold, and the total sales of the Street NFTs reached $19 million.

The next realverse developments are even more exciting: DecentWorld plans to add an immersive 3D layer with standalone NFT Buildings available to be added to the Marketplace, with developed immersive inside spaces. According to the project team, this will lay a quality foundation for future product plug-ins.

Further Plans for Business Integrations

Through DecentWorld, users can find digital copies of every street in the world, purchase them as NFTs, trade them with others, or hold them and combine them into the soon-to-be-launched Collections, thereby earning yield.

DecentWorld is built on blockchain technology, therefore anything that users acquire becomes an NFT, providing full certified ownership. NFT Assets, due to their nature, will be able to be used, traded, or sold outside of DecentWorld within any other digital platform – a full interoperability.

During the next stage of the project, DecentWorld also seeks to strike up prospective partnerships and onboard various businesses.

“The next step is to invite and onboard businesses, e-shops, restaurants, service providers—you name it. We are planning to open up our APIs to allow these possibilities from a technological standpoint,” DecentWorld’s creators shared.

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.