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Mexico Will Have Its First Shopping Mall In The Metaverse

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Metaverse shopping malls have several advantages. One is that it can accommodate as many stores as the developer’s imagination allows. This is what the Mexican entrepreneur envisioned for his island shopping mall. It is the first Metaverse mall in Mexico.

The mall launched today and can be accessed from mobile devices via an app available on the AppStore or Google Play.

According to local media outlet Cultura Empresarial, users of both platforms can now download shopping mall applications to enjoy an immersive experience through an “island paradise for fun online.” .

Users accessing this new virtual world can earn gems and coins that can be purchased online and redeemed for discount coupons and products at several shopping centers scattered throughout the island.

Island shopping mall attracts attention of big brands

Currently, 80 brands have been officially confirmed. They are divided into categories and have a special hall for “emerging brands”.

Major brands confirmed to launch malls include Bath & Body Works, LA Colors, GOC, Bissú, Golden, LA Girl, Momiji, Pai Pai and Victoria’s Secret. Some have private or shared spaces.

The developers of Island Shopping Mall have partnered with ‘The Savings Group Limited’, a leading UK company specializing in discount coupons, to offer more than 879 brands including Adidas, Nike, Puma, Bershka, Guess, Apple and Levi’s. said to have integrated others.

Some of these brands have already stepped into the metaverse.nike has grown productive business Strategies focused on NFTs and the Metaverse, Guess launched a metaverse store, and Apple Develop your own hardware Creating the Best Metaverse Experiences—Albeit That VP Does not like That term is very.

Mexico and the Metaverse: A Bet on Digital Innovation

Mexicans have bet big on the Metaverse. Just last month,Metaverse Mexico Boot CampDuring the event, a group of experts provided training on various business models of the Metaverse and facilitated adoption of cryptocurrencies. In addition, they gave talks using augmented and virtual reality technologies. and exhibited.

According to the latest Hellosafe reportMexico’s Metaverse market is one of the largest in Latin America, with over 13,000 investors pouring money into Metaverse companies.

Most cryptocurrencies associated with crypto game projects, such as Axie Infinity’s AXS and The Sandbox’s SAND, big drop In terms of market capitalization, Hellosafe predicts the metaverse market to grow by 670% over the next eight years.

This growth represents an increase of more than $4.355 trillion considering the global market value of the metaverse is approaching $650 billion, according to this year’s report.

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