Indian e-commerce giant Flipkart partnered with Polygon-incubated organization eDAO to launch a virtual shopping world in the Metaverse.
Shopping is an activity of selecting suitable goods and services for the future purchase of the best of them. Online shopping is currently a major sector of the retail industry. Shopping sites have taken a large number of customers due to easy usage, lower prices and time efficiency compared to offline shopping. Retail companies try to gather an even larger consuming base by implementing new technologies. Online shopping with Bitcoin within major retailers was first offered by Overstock.com in 2014. There are still very few shopping sites that accept Bitcoin, but the number of them is growing over time. Sites that allow online shopping with Bitcoin can get a larger number of clients by adding crypto enthusiasts and people who want to try cryptocurrency payments into their customer base. Famous online shopping sites that accept Bitcoin are Expedia, Virgin Galactic, Gyft and Steam.
Novel can deploy smart contracts over the NFT collections and make them available to users for purchases on the Shopify storefront.5359
The new shop entertained about 400 crypto-curious guests on opening day, and hopes to host even more as other stores are opened across the U.S. and the rest of the world.4830
A bottle of very expensive whisky is being auctioned off with an NFT to authenticate true ownership of it, along with artwork made special for the event.2646
Nearly 3,000 Chipotle restaurants across the U.S. will accept 98 cryptocurrencies as the Mexican-style fast-food chain partners with Flexa to support crypto payments.5148
Attorney Kevin Thompson thinks that the event will make regulators frustrated, leading to the creation of reporting requirements for Shopify.6578
South Koreas will be immersed in the metaverse sooner than later, as industries and public services begin rolling out virtual avatars and applications across the country.11419
Some 450,000 JD.com customers have used China’s digital yuan for payments as of June.3085
Owners of the Visa-backed Bitcoin rewards card amassed over 124 BTC collectively over 90 days, BlockFi data shows.7502
"The Litecoin Foundation has yet to enter into a partnership with Walmart," said Jay Milla.9341
The app allows consumers to pay with Dash at over 155,000 in-store locations and 125 online retailers across the United States.5353
Widening economic inequality is a global issue, but this crypto app aims to deliver fairer outcomes for consumers while they shop.3297
What does it take to bring crypto e-commerce to the masses? We talk to Shopping.io’s CEO Arbel Arif about the untapped opportunities in this market right now.6060
We speak to Alex Busarov, the co-founder and CEO at Taeltech and Wabi, about how their crypto-focused approach is transforming the way big brands perform marketing.9291
A blockchain project says it delivers an all-in-one shopping experience — and fairer terms for buyers and sellers than the likes of Amazon and eBay.26219