Thursday, January 27, 2022

Retail Giant H&M Debunks Rumor of Store Opening in Metaverse, Collaboration With Ceek – Bitcoin News

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Major style firm H&M has denied the rumor that it’s opening a retailer in the metaverse. According to false reviews, prospects may stroll by the shop and buy merchandise in the Ceek metaverse.

H&M Denies Metaverse Rumor and Collaboration With Ceek

Several main publications reported Monday that retail clothes large H&M has opened a 3D retailer in the metaverse, together with the Economic Times and Mashable India.

H&M (Hennes & Mauritz) is a serious style and design firm with 53 on-line markets and shops in 75 markets worldwide. One of the biggest clothes manufacturers in the world, H&M has 4,856 shops globally as of Sept. 30, 2021. Its largest markets are Germany, the U.S., the U.Okay., France, Sweden, Russia, Italy, and the Netherlands.

However, the corporate has denied the reviews that it’s opening a retailer in the metaverse. When News inquired concerning the information, a spokesperson for H&M clarified:

We’d like to substantiate that H&M just isn’t opening a retailer in Metaverse presently.

According to the false reviews, the corporate stated that prospects will be capable of stroll by the shop, select the merchandise they need, and buy them in the Ceek City universe. Payments should be made with ceek tokens (CEEK).

Ceek digital actuality environments are ruled by good contracts on the Binance Smart Chain (BSC), its web site particulars.

In addition, the false reviews additionally declare that prospects will be capable of order garments seen in the H&M metaverse retailer from its bodily shops later.

The rumor of H&M opening a retailer in the metaverse adopted a tweet by Ceek’s official Twitter account on Dec. 7 final yr. The firm stated it created a “concept VR store” to be introduced to H&M.

However, the spokesperson for H&M informed News:

We are additionally not collaborating with Ceek.

The official Twitter account for Ceek subsequently clarified Monday: “The H&M store in the Ceek metaverse was just a concept that was presented to H&M and not an actual virtual store yet. We are in discussions with people at H&M to make this a reality, but this is not something that’s a reality as of now.”

Tags in this story
ceek, ceek metropolis, ceek metaverse, H&M, H&M cryptocurrency, H&M metaverse, H&M meteverse retailer, H&M retailer ceek, H&M retailer metaverse, H&M digital retailer, Metaverse

Do you assume H&M ought to open a retailer in the metaverse? Let us know in the feedback part beneath.

Kevin Helms

A scholar of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source methods, community results and the intersection between economics and cryptography.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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