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Home Virtual Worlds

How Space Will Change Commerce, Social/Economic Activity and the Arts | by Space-Metaverse | Space Metaverse | Jan, 2022

2022-01-07
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How Space Will Change Commerce, Social/Economic Activity and the Arts | by Space-Metaverse | Space Metaverse | Jan, 2022
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Space-Metaverse

The metaverse is the hottest topic in the blockchain ecosystem. Beyond being a simple word and a new technology niche creating a sensation around the world, the metaverse is proving to be the new economy of this century. With blockchain technology alongside other disruptive technologies like AR/VR and now XR (extended reality), metaverses are able to bring our physical world into a new digital environment that promises to be the next big thing for years to come.

The reason is simple.The COVID-19 pandemic demonstrated that consumers are more willing to immerse themselves in safer digital experiences in times of confinement, because of the security, versatility and ease with which they can attend a music event or art gallery, or go “shopping” at their favorite store.

The development of new scalable platforms in the blockchain ecosystem together with VR techniques are now allowing users to experience new forms of commerce, a decentralized immersive commerce that is accelerating this activity at a futuristic pace.

In this context, Space has developed, a metaverse focused on immersive e-commerce, a term that is now beginning to gain shape and its own stamp: The Commerce Metaverse.

Space focuses on building a Commerce Metaverse where as a user you can purchase goods, socialize with people, and build your own Space!

With a full list of features currently active in the Space Alpha, it is possible to create immersive events and a trading experience for everyone through the creation of virtual stores with payment processing capabilities through Stripe, for example; among other multiple functions that promise to revolutionize the concept of electronic commerce as we know it today.

Better user experience

Although it is true that currently we can find some decentralized metaverses which allow the exchange of goods and services in their spaces, generally this experience involves simple interface development with poor execution engines, which ends up generating a poor visual experience for the users.

In this case, Space is taking metaverses into a new realm by incorporating a powerful Remix for creating spaces from scratch with additional coding, or using visually appealing pre-configured templates with and powerful execution engine.

With its development on the Binace Smart Chain (BSC) in this first phase, the execution of transactions at high speeds will allow a fluid immersive experience, due to the scalability of this blockchain network on a secure and decentralized commerce platform.

Space incorporates VR properties with which brands, artists or designers can create immersive experiences in its stores to generate a unique multi-sensory environment.

Think about the possibility of going to a shoe store of a recognized store in the Space Metaverse and being able to visualize the design at the same time as experiencing the feeling of comfort of the shoe in your avatar. This is possible in Space thanks to the combination of VR techniques with blockchain technology.

A better space to socialize

Because Space is focused on carrying out the core of its development revolving around commerce, you will still be able to socialize in an open world and without complexities with people from all over the world.

Whether you are attending an art gallery, music show, or retail store, the use of audio/video communication with your customers or other attendees and shoppers is a reality that emulates the social interaction that we experience in our physical world.

Say goodbye to boring shopping where you add products to your cart and check out without any interaction with the merchant.Space wants to take these experiences to the next level and understands that this happens by simulating our experiences in the physical world, in the metaverse.

Other real world experiences that Space replicates virtually are 360º product views, trying on clothes, and listening to and chatting with your favorite artist in a VIP room. These are some everyday activities that you can do in the different spaces created by the users of the metaverse and the brands that sell or provide their products and services in the new virtual economy.

For now, Space in its Alpha launch phase has many functions that make it possible to start generating these experiences in its virtual lands, in addition to new rooms for the development of community events focused on social interaction such as concert halls, amphitheaters, motor shows, and much more.

Use your VR headset in Space and start exploring the dozen of available spaces to start feeling the new experience of immersive trading in Blockchain Metaverses!

About Space

Space is a 3D virtual world experience that provides its citizens powerful tools to create content, build businesses, interact collaboratively, and own and monetize these experiences while having true ownership and rights over them.

Website | Twitter | Telegram |Discord |Instagram





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