Walmart enters the metaverse! or provide cryptocurrencies and NFTs to buy and sell services

While meta giants, sports giants Nike, Adidas, Disney... and many other big companies have invested in the development of the metaverse, the world's largest retailer, Wal-Mart, recently announced that it was going to enter the metaverse. According to a CNBC report dated 16, the company filed several trademark applications (including Verseto Home, Verseto Curb, Verseto Store...) with the United States Patent and Trademark Office (USPTO) at the end of the last year, including electronics, toys, electronic appliances, sports equipment, etc. It sells products and one of the information about services that provide cryptocurrency to consumers and buys and sells NFTs.

Walmart declined to release details of its commerce app, but said in a statement it was still investigating whether the new technologies could drive future purchases.

"We are constantly trying out new ideas. Some ideas turn into products or services that our customers will use. And we keep trying to learn from certain ideas."

US Attorney General Josh Gerben also said, "Walmart's mission is very strong and there's a lot of information they intend to solve for cryptocurrencies and participate in the metaverse...

Virtual reality market online advertising

In fact, Walmart's plans to provide VR stores were amazing five years ago. Overseas outlet HomoDigitalis reported a video earlier this month showing the company how to consider buying on the Metaverse.

According to the video, when customers pick up the goods, they can see simple information, quantity and food information, as well as appropriately created dish information. Through buyouts or home purchases and referrals, consumers can take home what they want to buy with just a few clicks.

Mutual Mobly, who created the demo video, also tweeted, “This is a video showing the concept of the Walmart VR store. It's been almost 5 years since the video was posted. This demonstration video proves how accomplished experimentation and virtual reality have been so far. I did.

Cryptocurrency Talent Recruitment and Bitcoin ATM Provider

As previously reported, Walmart already announced its leader in cryptocurrency products on LinkedIn in August last year. According to the job description, the position requires a manager with at least 10 years of experience in product management or previous experience, preferably green cryptocurrency knowledge and strong business acumen. to develop their blockchain ideas.

About two months later, Walmart partnered with ATM equipment offering Coinstar to install a total of 200 Bitcoin ATMs in multiple Walmart stores across the United States, allowing consumers to purchase Bitcoin in cash at the store.