Consumers in India are getting more options for a digital shopping experience as major local e-commerce platforms increasingly experiment with blockchain and the Metaverse.
Indian shoppers can try out products from brands like Puma and Nivea in the gamified and interactive metaverse. That is thanks to local e-commerce giant Flipkart launching a metaverse space for consumers to discover products in a photorealistic virtual destination and shop.
Flipkart officially announced the launch of Flipverse on Oct. 17, aiming to bridge the best of the online and offline shopping experience.
Developed in collaboration with Polygon-incubated organization eDAO, Flipverse allows shoppers to create a metaverse avatar to go shopping in a virtual world, intending to bring customers closer to their favorite brands. At the same time, brands will be able to generate and create their metaverse-ready digital twin in the virtual world.
Besides featuring contests and exclusive brand offers, Flipverse will support unique digital collectibles. According to the announcement, Flipverse will feature a wide number of brands, including Puma, Noise, Nivea, Lavie, Tokyo Talkies, Campus and others. The new shopping experience will be available on Flipkart’s newly online shopping platform, FireDrops.
The Flipverse offering is reportedly in the pilot stage and aims to attract interest during this month’s festive season.
Naren Ravula, vice president of product strategy of Flipkart Labs, told Cointelegraph that the blockchain technology, metaverse and nonfungible tokens provide “very promising” use cases for e-commerce. “With the launch of Flipverse, consumers can discover products in a photorealistic virtual destination and shop on the Flipkart app,” he noted, adding that the application is now available on both iOS and Android.
Following Flipverse’s initial pilot that will be live for a week, Flipkart is willing to explore the rollout of Flipverse in “full scale,” Ravula added.
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