The digital world is changing, and e-commerce is leading this change. In a few years, you could be walking around a virtual shopping center, checking out all your favorite brands – trying on clothes on your avatar, and earning rewards for browsing. This isn’t sci-fi: it’s the future of shopping in the metaverse. Statista predicts that spending in this space will jump from $30.6bn in 2024 to $210.3bn by 2030, driven by artificial intelligence . By the end of this decade, there could be 1.
1973: 1992: 2009: The Introduction of blockchain technology with Bitcoin laid the foundation for digital ownership and transactions, a crucial part of the metaverse economy. 2009: Key Milestones in Metaverse Development: Key Milestones in Metaverse Development: 2012: Oculus raised $2.5 million for its VR headset, a big step towards consumer-accessible VR. Facebook bought Oculus in 2014.
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