Walmart (NYSE: WMT), the largest private employer in the U.S., looks set to take up its own corner in the metaverse, following the likes of Meta, Nike, Microsoft, & others.
More Details🧐 Walmart filed several trademarks on December 30th, 2021, showing its intent to make & sell virtual goods, ranging from electronics, home decorations, toys, sporting goods & personal care products.
In a separate filing, Walmart revealed plans to create its own cryptocurrency & non-fungible token (NFT) collection.
Why is this Important🤔 Walmart is “continuously exploring how emerging technologies may shape future shopping experiences,” according to a statement.
Walmart’s online sales thrived in 2021, with sales at $11.1 billion in its third quarter, which could prove useful for the retail giant’s metaverse plans.
