Walmart Entering the Metaverse, Plans to Create Cryptocurrency and NFT Collection

[Tsing]

Image: Walmart



Walmart is making plans to enter the Metaverse, according to a handful of trademark applications and filings shared by the U.S. Patent and Trademark Office.



As spotted by CNBC, there are seven separate applications in total, some of which also indicate Walmart’s interest in creating its own cryptocurrency and collection of non-fungible tokens, otherwise known as NFTs. Now a trending topic thanks to tech giants such as Meta (Facebook), the Metaverse is a hypothetical future version of the internet in which users can explore and interact with one another in a virtual world courtesy of VR and other advanced technologies. It’s a concept that’s been teased in recent films such as Steven Spielberg’s Ready Player One...

Continue reading...

 

[Brian_B]

Can’t wait for the People of Walmart update on this