• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • Wiki Finance Expo, Thailand (April 24, 2026)
    • Wealth & Tech Summit, Dubai (May 8, 2026)
    • Digital Assets Forum, Abu Dhabi (May 13, 2026)
    • Digital Assets Week in USA, New York (May 13-14, 2026)
    • Online Trading Expo, Hong Kong (May 27-28, 2026)
    • Blockchain Futurist Conference, Toronto (July 21-22, 2026)
    • Wiki Finance Expo, Hong Kong (July 23-24, 2026)
    • Digital Assets Week in London (October 6-7, 2026)
    • 5th Fintech Week & Expo, Frankfurt (October 7-8, 2026)
    • iCrypto Awards: People’s Choice, Dubai (December, 2026)
  • Past Events

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

SPACE Launches Phygitals to Help Retailers Build Strong Communities in the Metaverse

December 5, 2022 By Crypto Reporter PR

SPACE, a commerce virtual world, has launched the ability to create phygitals on its platform. Now, any shop owner, retailer, influencer or creator can automatically create a digital representation of a physical item as an NFT: The SPACE Phygital NFT. As a powerful engagement and community building tool, phygitals provide 2-for-1 value for consumers and open up the avenues for brands to gamify the shopping experience.

“I believe that phygitals are the industry 4.0 revolution. They will completely reshape how people shop and how they engage with a brand. Phygitals will definitely have an impact on how retailers, creators and brands grow their communities,” says Batis Samadian, Founder and CEO of SPACE. “SPACE is pioneering the phygitals movement, and with its cutting-edge technology offers its users one of the best virtual shopping experiences.”

The SPACE engineering team has made it easy for users to start using phygitals. Consumers receive a link via email. The link allows them to mint their SPACE phygital NFT once they purchase a physical item. The minting is protected by a QR code packaged with the physical item. This enables each retailer to secure the minting process much better and ensures that each item can only be minted once.

Once claimed, the customer can use the phygital however they see fit – they can use their phygital as avatars, participate in exclusive loyalty and charity programs, or exchange them.

About SPACE
SPACE is a commerce virtual world which enables the creators of tomorrow to build and dream together. SPACE is on the path to enable people to have incredible immersive commerce experiences and provide them with tools that enhance not only the community but people’s productivity in life.
Website: https://www.tryspace.com

Filed Under: Press Releases

Primary Sidebar

Follow Us

Press Releases

IPO Genie Named Among 2026’s Best Crypto Presales as It Smashes Past 12.64B Tokens Sold

April 14, 2026

TRON Energy vs Burning TRX: When Renting Resources Is the Better Option

April 14, 2026

How AI News Signals Take Over Trading

April 14, 2026

Best Crypto Presale to Buy Now as AI Tokens Explode and IPO Genie ($IPO) Targets 1000x Returns

April 13, 2026

Top April 2026 Presale Alert: IPO Genie At $0.000138 Draws Investor Frenzy for 100x Returns

April 12, 2026

Online Trading Expo

Blockchain Futurist Conference

Wiki Finance Expo

5th Fintech Week & Expo 2026

iCrypto Awards

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter