Place/Date: - March 24th, 2022 at 8:18 pm UTC · 3 min read
Contact: YOUR, Source: YOUR
As global e-commerce surges by a trillion dollars per year, emerging metaverses will radically alter the online shopping experience. Web 3.0 will decentralize creation of online product content – and companies need to catch up. In this context, YOUR is revolutionizing creation of product content using blockchain technology – generating profits for both creators and companies.
Product pages on Amazon, Decentraland or OpenSea are where shoppers should be able to find all the information they need to make a purchasing decision. But the increasing supply of digital and physical products will make it difficult to keep up with the level of product content creation needed, proving critical for conversion rates. Producing high-quality, unique product content is time-consuming, expensive and non-scalable – unless you get the crowd involved.
YOUR will reinvent content creation by allowing companies to take advantage of the decentralized future of Web 3.0. YOUR’s worldwide community earns money from the product content it creates. Its central technological innovation is the use of NFTs to delineate product content ownership . Each piece of content will be associated with a unique NFT that will register the ownership on the Solana blockchain. Solana is one of the fastest blockchains in the world and its scalability ensures low transaction costs.
Contributors get a share of earnings every time their product content is sold using a process called NFT fractionalization. This will undoubtedly allow consistent creators to build a passive recurring revenue stream out of their work.
All the created information about physical and digital products will be made public. YOUR will be the place for everyone to find information around physical and digital products to help people in their purchasing process. YOUR is the wikipedia of product content created and maintained by the worldwide community.
With the support from various reputable names in the blockchain industry, YOUR has successfully closed its funding rounds with investment from Venture capital firms like Stratos, Genblock Capital, Skyvision Capital and on the most dominant Solana and Binance Smart Chain launchpads, Solanium.io and Infinity Pad.
Bilal Junaid, Genblock Founder:
“Genblock is thrilled to be supporting YOUR as they build out core marketplace infrastructure, further facilitating greater NFT utility. We see YOUR as the next iteration of primitive NFTs and believe they will help accelerate the transition into a Web3 world. We look forward to working together with the team to deliver on their planned roadmap.”
We’d like to take this opportunity to thank each one of our investors and strategic partners for supporting our vision of reshaping the buying experience with user generated product content in e-commerce and the metaverse.
YOUR is the Wikipedia of product content. We are building the first product content NFT marketplace of physical and digital products. With YOUR, everyone around the world can create content to earn money.
YOUR will help Companies like Amazon, AliExpress, Decentraland and Sandbox to describe their products and NFT’s better with extensive product content. To improve their customer experience and increase conversion rates.