Walmart is quietly preparing to enter the metaverse

[raiders72001]

• Walmart appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of NFTs.
• The big-box retailer filed several new trademarks late last month that indicate its intent to make and sell virtual goods.
• In a separate filing, Walmart said it would offer users a virtual currency, as well as non-fungible tokens, or NFTs.

https://www.cnbc.com/2022/01/16/walm...metaverse.html

[Optional]

That's very mainstream.

Happening fast this metaverse stuff.

[Otters27]

Will it be a stable coin they use?

[raiders72001]

Will it be a stable coin they use?

yes

[wombat]

How do you think this will affect the other metaverses? I'm sure it gets boring after a couple of them. Can't exist in all of them.

if it's anything like their stores, walmart metaverse will be ghetto af.

[themike78]

All this shit is garbage and will last 1 month. Nobody even understands what it is.

[shadymcgrady]

Will it be a stable coin they use?

I think they want to mint and use their own coin

[raiders72001]

I think they want to mint and use their own coin

isn't it still going to be tied to the $? Similar to tether.

[Optional]

All this shit is garbage and will last 1 month. Nobody even understands what it is.

Just give me a damn website and order form too.

But Millenials and younger understand it. For some it will be all they know as far as UI's probably.


By the same token I read where the "gamer community" is pushing back against companies trying to take their fave game to a metaverse as the bait to get others in there.

Could seriously undermine some company's longer term plans.



NFT's have such a dirty name as scams I think many brand name companies will avoid that angle as well.

[bigtymer56]

How do you think this will affect the other metaverses? I'm sure it gets boring after a couple of them. Can't exist in all of them.

if it's anything like their stores, walmart metaverse will be ghetto af.

For real, unless you get a discount for holding a walmart NFT or some shit, who is going want to be in the Walmart metaverse?

Reading things like this makes me feel like the bubble is going to pop and we're going to head into another crypto winter soon.

[raiders72001]

How do you think this will affect the other metaverses? I'm sure it gets boring after a couple of them. Can't exist in all of them.

if it's anything like their stores, walmart metaverse will be ghetto af.

The metaverses and NFTs that celebrities visit or buy will boom. The others not so much since it's becoming saturated.

[wombat]

The metaverses and NFTs that celebrities visit or buy will boom. The others not so much since it's becoming saturated.

What metaverses that you can see with a longstanding future? The only two I can see is Sandbox and Decentraland. Will Facebook build their own metaverse or will they build on top of these two?

[raiders72001]

What metaverses that you can see with a longstanding future? The only two I can see is Sandbox and Decentraland. Will Facebook build their own metaverse or will they build on top of these two?

My guess is that Facebook (Meta) buys out an existing metaverse and will make it big. The two you mentioned and Axie Infinity will have long runs. Veveverse will be big and Everdome/Metahero has a chance. Shiba Inu's Oshiverse would be the other with a shot.

[raiders72001]

Celebrities will buy VeVe NFTs and put themselves next to the NFTs through AR. They will also make a 3D image of themselves in Metahero and enter the Everdome. This is why I see these two succeeding.

[wombat]

Celebrities will buy VeVe NFTs and put themselves next to the NFTs through AR. They will also make a 3D image of themselves in Metahero and enter the Everdome. This is why I see these two succeeding.

Interesting, thanks for the insight.

[Optional]

Celebrities will buy VeVe NFTs and put themselves next to the NFTs through AR. They will also make a 3D image of themselves in Metahero and enter the Everdome. This is why I see these two succeeding.

As soon as people start publishing mathematically accurate renderings of themselves, smart engineers will start work on using that data to hack somehow.

I really do not think these ones wanting to scan people will take off.

[raiders72001]

Facebook owner Meta dives into NFT digital collectibles craze

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https://www.ft.com/content/2745d50b-36e4-4c0a-abe0-e93f035b0628

Meta is working on plans to allow users to create and sell non-fungible tokens as Facebook’s parent company seeks to join the rush of companies trying to capitalise on the digital collectible craze. Teams at Facebook and Instagram are readying a feature that will allow users to display their NFTs on their social media profiles, as well as working on a prototype to help users create — or mint — the collectible tokens, according to several people familiar with the matter.Two of the people said that Meta has also discussed launching a marketplace for users to buy and sell NFTs — essentially a digital asset representing art or imagery that cannot be replicated.All of the efforts are at an early stage and could yet change. But the discussions mark Meta’s first efforts to cash in on the hype-fuelled world of NFTs, the popularity of which surged last year to become a global market worth $40bn. Critics have cast the freewheeling sector as a speculative bubble plagued by scams and market manipulation.Dominant NFT marketplace OpenSea, which takes a 2.5 per cent cut of any sale, this month raised $300m at a $13bn valuation — just six months after raising $100m at a $1.5bn valuation. Major US cryptocurrency exchange Coinbase is launching its own marketplace. Meta rival Twitter is testing NFT showcasing capabilities, while Reddit has launched its own collection of NFT avatars.The move comes after Meta chief executive Mark Zuckerberg last year said that NFTs could one day be wielded to support a market for digital goods in its planned metaverse, an avatar-filled world that the company is investing $10bn annually in building over the coming decade. The company, which in recent times has been stung by scandals over moderation and privacy, has seen popularity fall for its main social networking products such as Facebook and Instagram, in a trend that threatens its $85bn-a-year ad-based business model.Meta’s plans will also help artists to monetise their digital art at a time money has poured in particular into sales of expensive limited collections of NFTs, such as CryptoPunks and Bored Ape Yacht Club. Buyers of these exclusive collections typically post their pieces as their Twitter profile pictures, as a way of signalling their stature online.

https://www.ft.com/content/2745d50b-...0-e93f035b0628

[shadymcgrady]

isn't it still going to be tied to the $? Similar to tether.

That's what I read but who knows, this should make bezos jump