E-Commerce In The Metaverse

We will be looking at how advancements in Web3.0 commerce will be conducted in the FomoVERSE; creating a new way in which users purchase assets (both digital and physical) and the digital transformation on retailing.

The buying experience has transitioned from being in a store. To purchasing online. To purchasing online with an immediate delivery. However, the way a user operates digitally, such as using a website or web store will change drastically, the experience in itself has hardly changed for the end user since e-commerce was available to the masses. The future of E-commerce is changing quicker than we realise, the idea of a 2D interface will be outdated. How users interact with stores is going to completely change in the coming years.

Web3.0 is creating a society where we are moving to a digital 3D environment. By this, you will be able to pick up and interact with the item of your choice. Currently, websites load as a 2D interface. For example, the future Nike store will enter Nike’s own digital realm/ metaverse. The consumer patterns and behaviour changes without resistance when technological updates are made which provide them with ease of transaction. Users will then be able to interact with the different items available and see how it looks on you, try on the item as if you were in the physical store itself all in real-time.

AR and VR applications will also allow the user to take the item out of the screen and give the user a visual representation all in real-time. Through augmented reality, you will be able to try on clothing just by pointing your camera at the mirror. Every website will eventually become Web3.0 integration, we as a society will be navigating 3D on a 2D screen. The Web3 revolution will change purchasing patterns into a less individualistic, inclusive and a shared experience for all.

FomoVERSE plans to spearhead the launch into the 3D Web revolution by providing access to amazing digital and physical product options through its NFT marketplace and metaverse platform. The Avenue NFT marketplace will be transformed into a literal digital marketplace with streets and stores available for independent creators to set up shop as well as the main FOMO VR Gallery which will house the most exclusive NFTs within the FomoVERSE.

We are also partnering with titans of the IP space to bring some of the most memorable brand experiences to the digital realm.