$OOOO Announces Biggest Deal Ever With Worldstar Founder Turned Silicon Valley VC Apollo Green. Launching Video Commerce Platform For Gamers

AGORACOM Small Cap CEO Interviews

Live Video Commerce is a brand new online shopping experience that is taking the world by storm and is expected to be a massive medium for NFTs, digital assets and physical assets in 2023.

Why? Because Live Video Commerce combines the attributes of the Home Shopping Network, talk shows and auctions to provide online influencers with an ability to sell both physical and digital assets to a real-time audience via video.

In Oct 2021 China's Austin Li (AKA ‘Lipstick Brother’) sold $1.7bn of beauty products. Not for the year, the quarter, the month or even the day … in a 12 hour live video commerce show!

A $425 BILLION MARKET IN CHINA ALREADY

If you live in North America and don’t quite see it yet, then seeing is believing when you look at these eye-popping China figures:

• $300 billion in China in 2021That is up 85% over 2020
  Accounted for 11.7% of total retail ecommerce sales
  
• $425 Billion in 2022

ENTER OOOOO ENTERTAINMENT COMMERCE $OOOO $OOOOF

The company was founded in 2020 by Sam Jones (previously with Wish.com) and Eric Zhang (previously with Musical.ly and Tiktok).

$OOOO is providing the infrastructure and technology to power the live stream economy for the Western World. To prove up both the model and the technology, $OOOO had to first build their own app that generated over 500,000 installs and had the following mega brands sell product through it:

• Nike
• Lego
• L’Oréal

The App reached the #1 spot in the UK for e-commerce