Metaverse For Ecommerce - A World Of Opportunities

Dive deep into the new world of metaverse for eCommerce to check out the array of opportunities it has to offer.

According to a report by Technavio, metaverse eCommerce market size is estimated to grow at a combined annual growth rate of 39% between 2022 and 2027, increasing by $85,885 million.

Metaverse in eCommerce Businesses

The rapid advancements in the field of metaverse including automation and digitalization have played a significant role in helping the healthcare sector grow at a great pace. This, in turn, has opened up new avenues for providing healthcare services at a reduced cost.
The perfect blend of all available digital technologies ensures customized and close-knit care for patients. Moreover, the use of metaverse in healthcare can provide intelligent adaptive solutions that can disintegrate boundaries between patients and healthcare professionals.
Adopting metaverse in healthcare can be the most transformative factor in the industry. Antier’s team of proficient metaverse experts appropriately integrate metaverse in your healthcare businesses so that they are ahead of the race in today’s stiff market competition.

Deloitte also suggests that augmented reality experiences also lead to 94 % higher rates of conversion.

Ecommerce Metaverse Use Cases

Eutilizing the Fullest Potential of Metaverse to Empower eCommerce Businesses

We offer a wide range of services that help eCommerce businesses to leverage the potential of metaverse to bring about a transformation in the experience they provide to buyers and at the same time enhance their profitability. Let us now discuss a few major eCommerce metaverse use cases where we offer our expertise.

Building Virtual Showrooms

Utilize EVM compatibility for seamless deployment of smart contracts using Solidity, C, C++, and Rust. With Arbitrum Orbit chains, there’s no need to migrate away from existing language and toolchains.

Improving Customer Interaction

Stay up-to-date with the latest Ethereum scaling technology. Arbitrum Orbit chains have access to all Nitro code upgrades, feature additions, and improvements which ensures ongoing optimization & scalability.

Arranging Virtual Events

Decouple your app chain’s roadmap from Ethereum and Arbitrum with Arbitrum Orbit and enable the implementation of cutting-edge features like account abstraction ahead of Ethereum’s public roadmap.

Creating Products for Digital Avatars

Ensure predictable transaction costs for your dApp. Arbitrum Orbit chains, isolated from L1 and L2 traffic, shield your dApp from the impact of other apps’ on-chain activities and help users enjoy reliable gas prices.

Organizing Live Demos of Products

Arbitrum orbit allows users to choose ERC20 tokens as the native gas tokens for gas fees on the network and ensures seamless integration with dApp’s ecosystem.

Developing Digital Twin Stores

Adjust settlement, execution, or governance protocols on your chain to meet precise requirements. Orbit’s chains empower customization while ensuring the security of Ethereum through Arbitrum’s DAO-governed L2 chains.

One can take inspiration from high-end luxury brands such as Gucci which has sold a digital handbag worth $4,000 for a Roblox player in cash.

Benefits of Metaverse in eCommerce

The potential of metaverse for eCommerce is huge and its capability to revolutionize the entire eCommerce industry looks quite promising. It can bring about a massive change in the way of buying and selling goods online by providing buyers with immersive experiences. Let us have a brief understanding of the offerings of a metaverse in eCommerce.

Creating Personalized Customer Experiences

Utilize EVM compatibility for seamless deployment of smart contracts using Solidity, C, C++, and Rust. With Arbitrum Orbit chains, there’s no need to migrate away from existing language and toolchains.

Gaining Much Better Customer Insights

Stay up-to-date with the latest Ethereum scaling technology. Arbitrum Orbit chains have access to all Nitro code upgrades, feature additions, and improvements which ensures ongoing optimization & scalability.

Increased Profitability and Better Return on Investment

Decouple your app chain’s roadmap from Ethereum and Arbitrum with Arbitrum Orbit and enable the implementation of cutting-edge features like account abstraction ahead of Ethereum’s public roadmap.

Enhanced Experience for Customers

Ensure predictable transaction costs for your dApp. Arbitrum Orbit chains, isolated from L1 and L2 traffic, shield your dApp from the impact of other apps’ on-chain activities and help users enjoy reliable gas prices.

Very Strong Community Engagement

Arbitrum orbit allows users to choose ERC20 tokens as the native gas tokens for gas fees on the network and ensures seamless integration with dApp’s ecosystem.

Reduced Rate of Returns and Replacements

Adjust settlement, execution, or governance protocols on your chain to meet precise requirements. Orbit’s chains empower customization while ensuring the security of Ethereum through Arbitrum’s DAO-governed L2 chains.

According to a Google Survey, it was revealed that about 66% of people would really love to interact with augmented reality or AR while shopping.

Our Development Process

We follow a stepwise development process to provide the highest quality metaverse healthcare services.

Adequately Trained Metaverse Experts

Bloom Genesis boasts of housing a team of adequately trained and vastly experienced metaverse experts who can come up with the best combination of metaverse and healthcare to produce the intended results.

Reporting Dashboard

Bloom Genesis boasts of housing a team of adequately trained and vastly experienced metaverse experts who can come up with the best combination of metaverse and healthcare to produce the intended results.

Vastly Experienced Team

We have a vastly experienced team at Bloom Genesis who possess in-depth working knowledge of metaverse assuring businesses of delivering the most appropriate solutions based on their specific requirements.

Adhering to Deadlines

The multi-currency wallet enables secure storage and transfer of cryptocurrencies that may be used to drive transactions on a Blockchain supply chain software.

Offering Valuable Results

Blockchain-driven KYC and AML verification process accelerates identity verification and simplifies user onboarding every time a new user is added to the supply chain.

Unmatched After-Sales Support

The funds management system simplifies the management of funds and provides details, including the total supply of funds, funds in circulation, and more.

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Our Clients

Frequently Asked Questions

Blockchain-based gaming paradigm offers benefits like true ownership of in-game assets, interoperability and cross-game compatibility, transparent and secure transactions, and play-to-earn opportunities.

Integrating blockchain into game development offers several advantages:
True Ownership of In-Game Assets: Blockchain allows players to have true ownership and control over their in-game assets.
Enhanced Player Engagement: Blockchain games often introduce unique gameplay mechanics and economic models that incentivize and reward players.
Decentralized and Transparent Economy: Smart contracts and blockchain technology enable secure and trustless transactions, eliminating the need for intermediaries.
Anti-Cheating and Fraud Prevention: Blockchain's immutability and decentralized nature can help combat cheating and fraud in games.
Innovative Funding Models: Through Initial Coin Offerings (ICOs) or token sales, businesses can directly raise funds from the community, reducing reliance on traditional funding sources.

Blockchain platforms commonly used for game development include Ethereum, Binance Smart Chain (BSC), Flow, Polygon, and Tezos.
 
Many blockchain games use decentralized consensus mechanisms, such as proof-of-work (PoW) or proof-of-stake (PoS), to validate and verify game transactions and actions. Consensus algorithms ensure that multiple nodes in the network agree on the validity of gameplay, making it difficult for a single entity to manipulate or cheat the system.

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