In the metaverse world, consumers do not have the opportunity to shop by paying. A new generation payment provider, Sokin, has launched an innovation that will support the development of physical stores of commercial enterprises in the metaverse environment.

London-based company Sokin will break new ground and offer users the opportunity to shop on the metaverse with the payment system. The company pioneered an innovation that will support the development of physical stores of commercial enterprises in the metaverse environment. Users will be able to shop in the metaverse with the Sokin mobile application.

By creating its own 3D metaverse environment, Sokin will enable secure e-commerce payments in this environment. In the metaverse environment of Sokin, fashion, textile, entertainment brands and football clubs can be visited.

Sokin founder and CEO Vroon Modgill

The company will allow users to communicate, trade and invest by meeting in a single ecosystem. Users will be able to shop on the metaverse through Sokin's accessible mobile app.

With this project, Sokin will facilitate safe, secure and transparent money transfer, while enabling users to connect with world brands. Sokin founder and CEO Vroon Modgill said:

   “In the metaverse world of Sokin, users can visit, for example, fashion, textile, entertainment brands, as well as football clubs. In the Metaverse, we have seen projects where an avatar tries on clothes. But the direct payment system has not yet been made. As we further bridge the gap between the metaverse world and the physical world. This project we are leading is an innovation that has never been seen before."

The metaverse e-commerce community has already taken initial steps into the virtual world with popular high-street retailer, PrettyLittleThing, launching its first unnamed digital model, ‘Virtual Girl’, while luxury brands such as Gucci, Burberry, and Balenciaga already offering digital versions of its clothing to consumers.