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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

SPACE to Lead the Way in the Social Commerce Arena

NewsBTC
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Last Updated: January 3, 2022 5:11 pm
2 mins read

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The Metaverse is changing the way we interact with one another, turning the two-dimensional world of the internet into a 3-D world where we can meet, communicate, engage, and even play games together. SPACE has taken this one step further with their own virtual world, which propels the user into colorful and friendly environments to meet, exhibit art, and hold our global conference. SPACE is set to become one of the biggest names in Metaverse technology, powered by their latest fundraising round. The innovative company has raised $7 million from a variety of tier-1 venture capital funds, including names like Coinfund, Dapper Labs (creators of NBA Top Shot and Flow), Digital Currency Group, Animoca Brands and Hof Capital.

The Early Access Alpha version of SPACE has already onboarded over 10,000 early adopters and boasts integrations with over 100 different leading companies from the worlds of art, fashion and music.

Go to destination for commerce and social pursuits

SPACE will be the destination for new virtual worlds bringing visitors to engage in both social and work-based pursuits, an area for brands and users to mingle and collaborate, with exhibitions, showrooms, stores and hang-out areas.

The Founder of SPACE, Batis Samadian said, “As the metaverse continues to gain mass adoption and becomes a place where a lot of people meet up to socialize, a natural evolution is commerce, which is what Space is focused on. Users will want to be able to view shows, buy items, sell items, and engage with digital goods within the metaverse. Space is building the Shopify for the metaverse to enable creators to sell their digital items in a turn-key fashion and allow users to purchase it.”

Polygon Studios is keen on backing projects like Space. According to Polygon’s founder, Sandeep Nailwal “The race is on for the few players who will bring the future of work and commerce to web3, and the SPACE team is one of the most promising ones to be leaders in building the commerce virtual world.”

The future is bright and not just for gaming Metaverse worlds like Axie Infinity and Sandbox, with leaders like SPACE backing the commerce world inside the Metaverse, the possibilities are endless.

 

 

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