NFTICALLY today announced its E-Commerce Metaverse Ecosystem COMEARTH. COMEARTH, a 3D immersive virtual environment, will be powered by NFTICALLY’s “Web3 E-Commerce Engine” and backed by the trust and decentralization of the Polygon Blockchain. In COMEARTH, brands, enterprises, content creators, and celebrities will be able to purchase their virtual spaces / virtual real estate as COMEARTH’s “Citizens” and launch the E-Commerce experiences for their customers, consumers & followers.
The Metaverse has the potential to be a $13 Trillion ecosystem within a decade. The E-Commerce industry also is expected to expand at a CAGR of 22.9% between the years 2020-2027 to size over $16.2 Trillion. Exploring the intersection of two burgeoning markets, Polygon co-founders Sandeep Nailwal and Jaynti Kanani, Coinbase CPO Surojit Chatterjee, Unacademy Co-Founders Gaurav Munjal, and Roman Saini, Indian film-maker Subhash Ghai, Actor Kunal Kapoor, Capital X’s Cindy Bi, Nazara’s Nitish Mittersain have invested in NFTICALLY to build a 3D immersive Metaverse ecosystem that would power E-Commerce for 100,000 brands & individuals by 2025.
Toshendra Sharma, Founder, and CEO, of NFTICALLY, said, “Web3 is the next generation of the internet, which will profoundly impact E-Commerce solutions. COMEARTH will bring a fully-immersive DIY layer to E-Commerce and enable immersive hyper-personalization for everyone. We intend to democratize and facilitate mass Web3 adoption & bridge the gap between web3 & web2 E-Commerce.”
The launch was graced by NFTICALLY’s advisors and partners including renowned film Writer-Director and Producer, Subhash Ghai, Priyavrata Mafatlal, Vice-Chairman at Mafatlal Group, Govind Singh Sandhu, Director, Kulturemint and Pradeep Aswal, CEO, The Blockchain Council. They reflected upon the perspectives of brands getting empowered with COMEARTH for augmenting retail and consumer experiences.
COMEARTH comprises different sizes of land parcels that cater to businesses and industries ranging from large to small enterprises, celebrities, and individuals. It will act as a global marketplace for goods (digital, physical, and phygital) and services (within and outside of the Metaverse) and facilitate E-Commerce and lead generation. The land parcels can be purchased as NFTs and are governed by the smart contracts deployed on top of Polygon Blockchain. The comprehensive DIY tools empower the landowners to start their Metaverse venture in minutes and will be accessible by mobile, laptops, and VR devices.
Brian Trunzo, Metaverse Lead at Polygon Studios, said, “Polygon Studios is pleased to welcome COMEARTH as a valued partner into the ecosystem. Their easy-to-use and powerful suite of tooling brings brands and rights holders closer to their audiences — a key aspect of facilitating broader Web3 adoption”.
Sounding upbeat about the NFTs and Metaverse, noted Film Director, Subhash Ghai said, “I’m proud to support visionary projects such as COMEARTH which will propel the World to bring alive immersive experiences across industries, including the education, arts and entertainment industry which are very dear to me. It is the NFTICALLY team’s in-depth understanding of the NFT space and blockchain technology that gives them a leg up in the game.”