Lotte Data Communications (LDCC), a Korean ICT provider, has announced its plans to launch a hyper-realistic metaverse that links the online and offline worlds. The metaverse platform will use realistic content to support clothing, cosmetic, and household product businesses and immerse consumers in the shopping experience.
The Lotte Metaverse fuses real-life characters with visual graphics and backgrounds from Unreal Engine 5 and will also feature an NFT series. LDCC wants to eventually host concerts in this virtual world, allowing users to see their favorite artists live without leaving home. Players can utilize products acquired in the Lotte Metaverse in real life and the virtual world, which closes the gap between both realms.
Lotte Data Communications will use its innovative technology patents to ensure users can interact with virtual and real-life content realistically.
Hyper-Realistic E-Commerce Metaverses
Lotte Data Communications Announces a New Metaverse Platform
Trend Themes
1. Hyper-realistic Metaverse Experience - Businesses can use hyper-realistic content to enhance the online and offline shopping experience in a metaverse platform.
2. NFT Integration in Metaverse - Integrating NFTs into metaverses could benefit businesses by increasing engagement and incentivizing purchases in a virtual world.
3. Virtual Concerts in Metaverse - Hosting concerts in a virtual metaverse could provide a new avenue for artists to connect with fans and create unique experiences for consumers.
Industry Implications
1. E-commerce - E-commerce companies can utilize metaverses as a way to enhance the online shopping experience and increase engagement with customers.
2. Fashion and Cosmetic - Fashion and cosmetic companies can use hyper-realistic metaverses to create immersive shopping experiences and showcase their products in a visually appealing way.
3. Entertainment - Entertainment industry can use metaverses to host virtual concerts and other events that provide unique experiences for consumers and expands their reach.