Backed by marquee investors, COMEARTH aims to become the “amazon.com of Web3” by removing entry barriers for commerce in the future of Metaverse.
Palo Alto, CA, USA June 09, 2022 —NFTICALLY, a Web3 E-Commerce SaaS platform that powers over 9,000 NFT Marketplaces & Storefronts globally, announces the world’s first e-commerce Metaverse ecosystem – COMEARTH. COMEARTH will allow brands to own virtual land and open storefronts, experience centers, or any virtual real estate imaginable and beyond to serve consumers in the Metaverse.
Backed by a plethora of marquee investors, including Polygon co-founders Sandeep Nailwal and Jaynti Kanani and Coinbase CPO Surojit Chatterjee, COMEARTH is a virtual planet spanning eight continents that aims to solve key issues in modern commerce including unsustainability, monopolization, intangibility, and security.
Businesses and individuals can purchase virtual land as non-fungible tokens (NFTs) in the metaverse, governed by smart contracts deployed on the Polygon blockchain.
Equipped with their digital land, citizens of COMEARTH can build immersive e-commerce experiences in virtual reality (VR), accessible by mobile, laptops, and VR devices. Global brands Polygon, CEAT, Blockchain Council, SporteNFT, among others have come onboard COMEARTH.
The Blockchain Council is the first to announce plans to build in COMEARTH. The group will launch it’s own “Metaversity,” delivering Web3 education via live and recorded open training sessions, events, and seminars hosted in the virtual world. With their global presence of approximately 100,000 educators, learners, and enthusiasts, COMEARTH is poised to present a one-of-its-kind interactive global education hub.
COMEARTH has also attracted interest from Digital Fashion Week NYC, which will launch an immersive virtual store to showcase digital clothing from various luxury brands.
Landowners will be able to set up their metaverse ventures in just a few minutes, armed with a comprehensive set of DIY tools and extensive ready-to-use templates. These, along with features like fiat onramp and APIs connecting with major Web2 commerce platforms, help anyone sell effortlessly via Salesforce, Shopify, OpenKart, Magenta, WooCommerce, etc.
A 2D-to-3D converter transforms Web2 e-commerce product images into metaverse compatible 3D interactive models at the click of a button. This allows existing Web2 businesses to easily migrate their product listings over to COMEARTH and make them purchasable via an intrinsically linked to an authenticating NFT. More details can be found in the COMEARTH whitepaper here
COMEARTH is designed to enable effective E-Commerce in the Metaverse. Businesses can gain valuable analytic insights about the traffic their land receives, combined with access to lead generation tools. The platform will support Live Streaming and 360-degree product display making it a fit for product launch events. The flexibility of setting up showrooms to gauge product interest would allow businesses to run low-cost marketing campaigns and collect consumer data (with their permission) from interested parties. Startups can leverage these tools to iterate on their MVPs with a quick go-to-market strategy. These factors amongst others promise to contribute significantly to the top line of companies operating their storefronts on the metaverse.
COMEARTH aims to be the Amazon.com of the future in Web3 space – It shall be the one place people worldwide gather whenever they want to engage with brands and creators. The goal of COMEARTH is to utilize the power and flexibility provided by the Metaverse and combine it with the security and transparency of Blockchains to create a world that shall power sustainable global e-commerce in the coming decades. Conceptualised around the needs of the consumer, COMEARTH has positioned itself to provide hyper-personalized shopping experience to its consumers that extends beyond user profiles observed with the incumbents. Aggregating global brands and creators on a single platform has been the bottleneck of providing world-class user experience to consumers which COMEARTH steps in to solve.
Toshendra Sharma, Founder & CEO at NFTICALLY said: “COMEARTH aims to become the Amazon.com of Web3. Brands and businesses are starting to realize the power of decentralized technology and its impact on consumer engagement and retention. COMEARTH provides an intuitive platform for these players to get involved and offer immersive experiences for consumers and fans.”
Brian Trunzo, Metaverse Lead at Polygon Studios, said, “Polygon Studios is pleased to welcome COMEARTH as a valued partner into the ecosystem. Their easy-to-use and powerful suite of tooling brings brands and rights holders closer to their audiences — a key aspect of facilitating broader Web3 adoption”.
According to new research, two in five brands plan to invest up to half of their budget into a metaverse, VR, or AR strategy in the next two years. Recent rounds of capital allocation at big tech firms are seen as leading indicators of the promise metaverse brings to the human race. With the ability to scale efficiently and sustainably via Polygon, COMEARTH is primed to fill this need in the market in the coming years.