The metaverse is defined as a simulated digital environment that uses augmented reality (AR), virtual reality (VR), artificial intelligence (AI) and blockchain, along with concepts from social media, to create spaces for rich user interaction mimicking the real world. This paves the way for a new internet experience and new business models. While we are in the early stages of its evolution, it has certainly caught the attention of many businesses, as it will transform many areas of our life including shopping, entertainment, education and even the way we work.
AFOMA is a community-based token for artisans and artists across the globe (with emphasis on marginalized communities), that will enable fair market and technology access to a global economy. In addition, will incentivize everyone contributing to the sustainability of its ecosystem which includes an artisanal market place, niche focused NFT marketplace and metaverse for immersive experience.
AFOMA has inspired the need to build a metaverse world called “afomaland”, that will project our vision behind enabling artists and artisans. Our metaverse will truly transform the way commerce is conducted within the handicraft industry and will possibly be the catalyst to enhance other trade opportunities that will address real world issues.
We will provide a rich immersive experience that will drive inclusion for all through multiple medium channels that will include mobile devices which is prevalent in the developing regions. This is critical and aligns to our vision of driving and promoting inclusion and social impact.
Our metaverse will be designed and built to be decentralized and will leverage the features of our native OMA token, as an option of payment and a key to unlock features and services within afomaland. This will include special privileges for our token-holders, such as early access and discounted pricing to real estate sales within afomaland.
In addition, we intend for afomaland to be a bridge to our multi-vendor e-commerce marketplace, SELLITIC and our NFT marketplace, ORUVAN where people who buy NFTs within afomaland will be able to redeem these as products within SELLITIC and ORUVAN. We will achieve as we plan to project both marketplaces within afomaland where handmade products and artworks can be traded in the form of NFTs. In addition, users will also be able experience other districts that will include for example, learning centre where youths from across the globe can learn, interact and acquire skills through mentorship programs from skilled artisans and artists and a concert hall for the performing arts.
AFOMA will drive and build a metaverse for all with an expected launch by Q2 2023.
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