Samsung Opens Virtual Store in Decentraland
- “Samsung 837X” will be a digital version of a real world iconic store located at 837 Washington Street in New York City.
- It will be available on Decentraland only for a limited time, but Samsung will continue to look for platforms on which to launch a similar store.
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Electronics giant Samsung has set its eyes on the metaverse, and has partnered with Decentraland to open a store in its Ethereum-based platform, the company said in a press release on 6 January.
According to the announcement, the virtual “Samsung 837X” store will be a digital version of its real world iconic store located at 837 Washington Street in New York City’s Meatpacking District, Manhattan. While the store will be opened on Decentraland only for a limited time, Samsung will continue to look for new platforms on which to “bring the Samsung 837X experience to more people”. The senior vice president of corporate marketing and communications at Samsung America, Michelle Crossan-Matos, said in a statement:
“The metaverse empowers us to transcend physical and spatial limits to create unique virtual experiences that could not happen otherwise. Innovation is in our DNA, and we can’t wait for you all to experience this burgeoning virtual world.”
Considered one of the largest brand land takeovers in Decentraland, the 837X store will feature a virtual guide that will lead visitors’ avatar to one of three “rooms”, representing sustainability, customization, and connection. The “Connectivity Theater”, for example, will allow guests to learn more about the “powerful experiences” that come from the seamless Samsung connectivity and customized solutions.
The “Sustainability Forest”, on the other hand, will allow visitors to have a “mythical experience” through millions of digital trees. Finally, the “Customization Stage” will invite guests to experience a mixed reality live dance party hosted from the physical Samsung 837 store by producer and DJ Gamma Vibes.
This is not the first time the two companies have interacted with each other. Back in July 2020, Decentraland partnered with Samsung to allow its users to store their NFTs on the Samsung Blockchain Keystore. Earlier this week, Samsung also revealed its support for NFTs by announcing three TV models that will feature an integrated NFT discovery platform.
- Metaverse gaming platform The Sandbox has signed a memorandum of understanding (MoU) with the Saudi Arabia Digital Government Authority.
- The partnership will see The Sandbox and DGA “exploring, advising and supporting” each other on future metaverse projects.
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- Blockchain developer Elrond is switching its focus to the metaverse, and in order to reflect that has now rebranded itself as MultiversX.
- The company has also introduced three new metaverse products, which include a metaverse portal, digital assets holder, and a deployable blockchain module.
- Interpol’s metaverse was designed to streamline communication between agencies around the world, and provide online education and training courses to new recruits.
- The move was made to prepare Interpol for the rising popularity of the technology, which will inevitably increase the number of crimes being committed on the metaverse.