Boson Protocol seeks to blend physical and digital marketplaces in the Metaverse
Co-founder Justin Banon discusses Boson Protocol’s plans to launch the world’s first Metaverse commerce experience in Decentraland. Boson Protocol is a decentralized commerce protocol that seeks to enable the sale of physical goods, services and experiences in the Metaverse as nonfungible tokens (NFTs), and hopes to provide an infrastructure layer for exchanging assets of non-monetary value. For example, an NFT of a pair of sneakers bought using the Boson Protocol in the Metaverse would then be redeemable for that physical pair of sneakers in the real world, and vice versa. Ahead of the....
Related News
The new BOSON token will enable users to access the decentralized commerce ecosystem. The project has so far raised $36 million through public and private sales. Boson Protocol, a project that aims to connect physical commerce and smart contracts, has concluded a $25.8 million public token sale ahead of several exchange listings on Bitfinex, Kucoin and Gate.io.With the token sale, Boson has successfully raised $36 million in support of its decentralized commerce platform. The company raised $10 million in March 2021 ahead of its public sale, with participation from Outlier Ventures, FBG,....
But the solution isn't exactly simple. Boson Protocol, a project that seeks to connect the real world of physical commerce to smart contracts, announced a successful $350,000 seed round on Monday.The project is creating the “building blocks for next-gen dCommerce apps” by providing a way to redeem blockchain tokens for their real-world physical counterpart.The project received an oversubscribed investment round led by Outlier Ventures, joined by Ocean Protocol’s Trent McConaghy and others. The funding will be used primarily for operational costs and building a working pilot, the company....
If you ever owned a Tamagotchi or loved playing Nintendogs, the odds are that you are going to love this story. New research suggests that during the height of COVID-19, the number of people searching for a furry friend to keep them company hit new highs – not only physically but also in the Metaverse. The question is, are tokenized pets here to stay, or are they a pandemic fad?The Metaverse is widely regarded as the next iteration of the internet as a virtual world or web 3.0, facilitated by virtual and augmented reality. There are a number of ways to purchase or adopt a pet in the....
The multinational entertainment giant was approved for a “virtual-world simulator” patent during the last week of December 2021. Disney has been approved for a patent that would create personalized interactive attractions for theme park visitors. The technology would facilitate headset-free augmented reality (AR) attractions at Disney theme parks.The tech would work by tracking visitors using their mobile phones, and generating and projecting personalized 3D effects onto nearby physical spaces, walls, and objects in the park. The entertainment giant was approved for a “virtual-world....
The role includes “full product life cycle legal advice and support for global NFT products," among other responsibilities. The Walt Disney Company could be on the verge of expanding into the crypto space after posting a new job for an “experienced corporate attorney” to work on “emerging technologies” such as nonfungible tokens (NFTs) and the Metaverse. According to the Sept. 23 listing on the Disney careers website, the company is hiring for a “Principal Counsel — Corporate Transactions, Emerging Technologies & NFTs” to work on transactions involving NFTs, the Metaverse, blockchain, and....