The Metaverse & Beyond:
The Start of a Web3 Commerce Revolution?
Are we ready to bid adieu to traditional commerce? Will the future see us trading virtual goods on blockchain rather than shopping in physical stores? If Walmart’s incubator, Store No.8, and Outlier Ventures’ recent alliance is anything to go by, we’re about to witness a paradigm shift in retail.
Web3 in Retail: When Walmart Meets Outlier Ventures
In a surprising and exciting move, these two powerhouses are joining forces to ignite the “Store No.8 dCommerce Base Camp accelerator.” Are you curious about their shared objective?
From Silicon Valley to Wall Street:
The Hunt for Game-Changing Startups Begins!
Their mission is bold and forward-thinking: they’re on a hunt for innovative startups that can shape the future with Web3 tools designed to redefine the retail and commerce landscape. Starting mid-August, this 12-week accelerator program promises a whirlwind of learning, mentorship, and collaboration.
Score Big as a Founder:
Mentorship, Network, Funding, and More!
If chosen, founders will receive more than just a chance to make their dreams come true. They will benefit from expert mentorship from the veterans at Outlier Ventures and Store No.8, an impressive network, exclusive education, and most crucially – seed funding.
The Metaverse Meets Retail:
A Collision of Web3, AI, and Blockchain
In this new alliance with Outlier Ventures, Store No.8 is eyeing startups that are venturing into the metaverse, decentralized infrastructure, and the exciting intersection of AI and blockchain technology. These startups will have access to mentorship that’ll guide them through crafting their product roadmap, understanding the token economy, fundraising, and more.
Revolutionizing Global Commerce:
The Promise of Decentralized Commerce
“Decentralized commerce could unlock unimaginable value in the global commerce ecosystem. That’s why we’re thrilled to join forces with Outlier Ventures to empower the entrepreneurs who are spearheading this revolution,” says Thomas Kang, Vice President of Store No.8.
Digital Evolution: How Walmart is Staying Ahead of the Curve
Walmart is not just backing future commerce startups, they’re also driving their own digital transformation. With recent updates to their website and mobile app, they’re reshaping e-commerce to be more personal and efficient for shoppers. Their new “Text to Shop” experience is another step into the future.
The Future is Here: Top Brands Diving into the Web3 Space
Walmart and Outlier Ventures are not alone in their Web3 journey. Big brands like Nike and Lacoste have already embarked on their own Web3 projects, giving their members the power to create, collect, and trade virtual goods.
As more and more brands set their sights on the possibilities of decentralized commerce and blockchain technology, we’re left on the edge of our seats, waiting for what the future holds. Ready to join the revolution?
