Flipkart Plans to Join Metaverse this Diwali with Flipverse!

Flipkart announces Flipverse, an interactive metaverse-themed virtual shopping destination

E-commerce giant Flipkart is reportedly planning to announce launching Flipverse, an interactive, metaverse-themed virtual shopping destination, in India, during the ongoing Big Billion Days Sale. Flipkart has reportedly partnered with social media big Meta and Ethereum Layer-2 scaling startup Polygon for the mission. Additionally, Flipkart mentioned that the Metaverse mission may very well be launched as quickly as Diwali. The brand new providing will allow customers to stroll by way of the digital buying center and work together with digital retailer fronts. Polygon cofounder Sandeep Nailwal also tweeted about 'Flipverse by Flipkart' saying that it was powered by Polygon and eDAO.

Flipkart Plans to Join Metaverse:

Flipverse is expected to use a variety of Web3.0 technologies to enhance the current user experience with virtual reality. The Flipkart Labs project plans to leverage Flipkart's in-house capabilities to create technology-based solutions to redefine e-commerce. Flipkart Labs is assisting its group firms in testing innovative Web3 and Metaverse use cases with real-world applications. Such as NFT-related use-cases, Virtual Immersive Storefronts, Play to Earn, and other Blockchain-related use-cases

The Metaverse space went into overdrive after social media giant Facebook rebranded itself as Meta. Most IT giants are prepared to enter the Metaverse, Web 3, and e-commerce. Meta, Microsoft, and Apple have all embraced the Web3 world. The corporate additionally unveiled FireDrops to discover NFT-related use instances and to convey Web3.0 to wider viewers. The Metaverse providing is probably going a part of Flipkart's bid to draw extra customers.

The Flipverse shopping experience is expected to transform e-commerce from 2D static product catalogs into real-time experiences that enable users to 'walk' around a store, enjoying 3D-rendered store displays. The new service will allow users to navigate a virtual shopping mall and interact with digital storefronts. Flipverse will offer games, contests, drops, NFTs, brand activations, product launches, and mystery boxes. Flipkart will join the growing list of Indian companies which deploy Metaverse to conduct business and woo users.