The AceMeta: Introducing the World’s First Phygital Concept Store

The field of Web3 has advanced by leaps and bounds over the past year, and we see more and more well-known brands jump on that ship.

From financial behemoths to fashion icons and flagship names, many companies are dipping their toes in the metaverse, and the trend is bound to accelerate.

The retail industry, valued at over $30 trillion, is ripe for innovation, and The AceMeta Company is seeking to do just that.

What is The AceMeta Company?

Functioning as the ultimate bridge between the retail and fashion industry and the digital assets realm in the face of non-fungible tokens (NFTs), The AceMeta Company seeks to provide physical products with a unique digital identity.

To do so, the team has developed an innovative platform that leverages both blockchain and near-field communication (NFC) technology.

Enter Labelled3

Labelled3 is a Web3 enabler that’s designed to revolutionize the way people perceive value within the retail industry, currently worth over $30 trillion.

Thanks to the advancement of distributed ledger technology, as well as the ever-increasing demand for the real-world utility of non-fungible tokens, the team is eager to dig deeper into the potential of Web3 within the retail and fashion industries.

The goal is to leverage the power of blockchain-based technology and create a more transparent, sustainable, and inclusive ecosystem not only for big brands but also for all retail creators, such as writers, designers, and artists.

Speaking on the matter was the CEO of The AceMeta Company – Shawn Lim, who said:

“We believe that Web3 has the potential to revolutionize the fashion and retail industry by providing consumers with more control over their data, enabling greater transparency during transactions, and promoting an ongoing relationship between companies and consumers.”

The AceMeta Company is building a platform, through Labelled3, that’s designed to serve as a marketplace for retailers and the secondary market and enable them to freely transact phygital (from physical + digital) goods.

Users will be allowed to purchase from affiliated brands thanks to the so-called Labelled Passport and also mint associated NFTs. The latter will serve not only as on-chain collectibles but also as engagement ticketing and authenticators.

The secondary market sales of items will be facilitated, perpetrating the revolution of social commerce as well as enhancing the creation of stronger external communities.

Interactive Shopping Experience

In addition, the team aims to redefine the relationship between consumers and brands through secondary sales capabilities of the application that should enable accurate and open dialogue. In certain scenarios, brands can welcome consumers to even take part in the process of designing their products.

“Our platform will create an engaging and interactive shopping experience for customers unlike any other. It will force people to rethink what is possible for the items they purchase and consume. This technology has the potential to transform what consumers demand from the brands they believe in but also enables said brands to deliver above and beyond these expectations through innovating rewards programs and the speed at which incentives can be targeted and issued.” – Said Nikolai Kea, COO of The AceMeta Company.

The post The AceMeta: Introducing the World’s First Phygital Concept Store appeared first on CryptoPotato.