{"id":55988,"date":"2022-01-17T10:23:36","date_gmt":"2022-01-17T08:23:36","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=55988"},"modified":"2025-09-04T04:15:24","modified_gmt":"2025-09-04T01:15:24","slug":"walmart-plans-to-enter-the-metaverse","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/walmart-plans-to-enter-the-metaverse\/","title":{"rendered":"Walmart plans to enter the metaverse"},"content":{"rendered":"<p>The world&#8217;s largest retailer Walmart is reportedly preparing to enter the metaverse space with plans to create its own cryptocurrency and NFT collections, CNBC reports.<\/p>\n<p>According to <a href=\"https:\/\/trademark-search.marcaria.com\/en\/Result?trademark=Walmart&#038;country=US&#038;status=1&#038;mode=3&#038;searchby=1\">public records<\/a>, on 30 December 2021 the retailer filed seven trademark applications with the patent office. They indicate an intention to manufacture and sell virtual goods, including electronics, home decor, toys, sporting goods and personal care items.<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/JFBxf9RZYwVSCwM9y5ztFVT9U0hVlAmCy_gLWMItm87HLL-pvk8JLJAZuzDVtPMpSuG02FVEcZTjXkpCtagm6saNv512Cu0qmmN9oyQiW0XRIe0e7Q1ZtNLLTNV6i_DCAgHHuQwf\" alt=\"Walmart plans to enter the metaverse\"\/><figcaption>Data: CNBC.<\/figcaption><\/figure>\n<p>Separately, the company plans to offer users a virtual currency and NFTs.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;They are very aggressive. They have a number of formulations that show that behind the scenes there is extensive discussion about how they intend to approach cryptocurrency, the metaverse, and the virtual world that seems to be looming&#8221;, said <a href=\"https:\/\/www.cnbc.com\/2022\/01\/16\/walmart-is-quietly-preparing-to-enter-the-metaverse.html\">CNBC<\/a> trademark attorney Josh Gerben.<\/p>\n<\/blockquote>\n<p>According to him, after <a href=\"https:\/\/forklog.com\/en\/news\/facebook-rebrands-as-meta-nfts-to-feature-in-zuckerbergs-metaverse\">rename of Facebook to Meta<\/a> and ambitions beyond the company\u2019s social networks, they are rushing to clarify how they fit into the virtual space.<\/p>\n<p>In August 2021, Walmart <a href=\"https:\/\/forklog.com\/en\/news\/walmart-posts-vacancy-for-crypto-focused-product-leader\">opened<\/a> a vacancy for a head of product related to cryptocurrencies.<\/p>\n<p>Earlier the retailer <a href=\"https:\/\/forklog.com\/en\/news\/forbes-names-50-blockchain-using-companies-with-annual-revenue-or-market-capitalisation-over-1-billion\">made<\/a> the list of billionaire companies actively using blockchain.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world&#8217;s largest retailer Walmart is reportedly preparing to enter the metaverse space with plans to create its own cryptocurrency and NFT collections, CNBC reports.<\/p>\n","protected":false},"author":1,"featured_media":55989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1353,1361,2233],"class_list":["post-55988","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-metaverses","tag-virtual-world-innovations","tag-walmart"],"aioseo_notices":[],"amp_enabled":true,"views":"103","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=55988"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55988\/revisions"}],"predecessor-version":[{"id":55990,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/55988\/revisions\/55990"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/55989"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=55988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=55988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=55988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}