Boson Protocol v2 the breakthrough technology enabling digital to physical rempetion without intermediaries is partnering with PangeaDAO, the metaverse land investment cooperative structured as a DAO with the goal of creating more equitable virtual worlds. PangeaDAO sits at the intersection between Web3 communities and creators, the land they build on, and the Web2 brands that seek to enter these new and untested markets. This partnership will enable PangeaDAO to sell physical products as NFTs from within the metaverse through Boson Protocol v2.
Boson Protocol solves the problem of fair exchange within e-commerce, without the need for trusted intermediaries or counterparties. Instead, Buyer and Seller make commitments to trade within smart contracts encoded with game theory, and tokenized as redeemable NFTs.
Buyers have assurance, that either they can redeem the NFT for the physical item or their get their money back.
PangeaDAO is delighted to be official launch partners with Boson Protocol as a key facilitator in Metaverse Commerce and enabling in-world, coin-agnostic, digital-to-physical sales with seamless UX. It truly is a significant leap forward in the Metaverse experience and we intend to leverage the technology immediately.
– Jonny Fiat, Commercial Strategy, PangeaDAO.
Boson Protocol is a Web3 infrastructure that automates digital to physical redemptions with minimized arbitration, using NFTs encoded with game theory. By tokenizing physical items and their data, and allowing them to be sold seamlessly online, Boson enables new commercial experiences for brands and consumers in Web3. It allows consumers to purchase virtual or in-game goods as NFTs, which can then be redeemed for their real-world equivalents, connecting reality and the metaverse.
We are thrilled to partner with PangeaDAO to allow more brands to set up shop in the metaverse with Boson Protocol v2, paving the way for the future of commerce. At Metaverse Fashion Week, we facilitated the sale of physical products as NFTs in Decentraland. These coveted virtual stores were managed by Tommy Hilfiger, Cider, IKKS, Deadfellaz, 8SIAN and more. Now, we’re teaming up with PangeaDAO to enable the decentralized commercial exchange of any physical thing as redeemable, tradeable NFTs.
– Justin Banon Co-Founder of Boson Protocol.
Boson Protocol v2 launches in Q4 2022 and has been lauded as a foundational piece of Web3 infrastructure, with Boson being awarded World Economic Forum Technology Pioneer status for the potential of this technology to democratize and transform global commerce.
About PangeaDAO
PangeaDAO is a Metaverse real estate trust that acquires, develops, and commercializes land in virtual worlds. Pangea’s investment, development, and consulting arms work to create a more equitable and accessible Metaverse for individuals, collectives, and brands.
PangeaDAO pools capital into a community-governed treasury to acquire, operate, and finance a diversified portfolio of income-generating Metaverse land. These revenues are used to both grow the treasury and reward $PNGA holders and stakers to allow members to participate in and benefit from Metaverse land investments.
Pangea sits at the intersection between Web3 communities and creators, the land they build on, and the Web2 brands that seek to enter these new and untested markets. Pangea collaborates with and supports users, architects, developers, guilds, brands, and projects producing virtual worlds and metaversal infrastructure to create value in the Metaverse for our community.
About Boson Protocol
Boson Protocol is Web3’s commerce Layer, enabling the decentralized commercial exchange of any physical thing as redeemable NFTs.
No need to trust centralised intermediaries or sellers. Instead Boson is an efficient, optimistic, fair-exchange protocol built using smart contracts encoded with game theory, with escalation to independent dispute resolvers.
Simply purchase the redeemable NFT and get the physical item, or your money back.
