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 2021 
  • That 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

PROVEN TECHNOLOGY NOW GENERATING MULTIPLE LICENSE AGREEMENTS 

With the technology now proven $OOOO pivoted to a B2B model in which they are licensing their technology to large partners in return for combinations of licensing fees, royalties and joint venture equities, including:

FANZ.COM - NFTs AND DIGITAL ASSETS FOR GLOBAL SOCCER MARKET

Fanz is targeting the global community of football (soccer) fans through live video commerce, NFTs, and mobile gaming. 

Fanz.com  enables sports teams and athletes to connect, engage and sell merch, NFTs and other pretty amazing experiences … and it is off to a great start and launched in March 2022 as follows:

• Partnered With Tech & Real Estate Billionaire Teddy Sagi
• Announced NFT Drop For Diego Maradona
• Launched NFT Drop With John Motson (John Madden of Soccer)
• Official Web3 Partner of Vanarama National League

SHILLER - NFTs AND DIGITAL ASSETS FOR GLOBAL SOCCER MARKET

$OOOO is now using the same technology for Shiller a live video and audio technology platform that has licensed $OOOO Live Video Commerce technology to enable the marketing of NFTs and all digital assets.  In return $OOOO receives  a 20% equity interest in Shiller.

Mystery Music Mogul Co-Founder … One of Shiller's co-founders is an American music artist, media personality and entrepreneur.  Shiller is currently in "stealth mode" and expects to launch in December or January but here is a sneak peek of how damn cool the platform is expected to be:

MIDDLE EAST LICENSE AGREEMENT WITH THE TAKEN SEAT

In May 2022 $OOOOO announced a license agreement with The Taken Seat, a venture builder in the Middle East, to launch a video commerce platform in the region. 

The license was in exchange for a minority equity interest in Fourth Taken Holding Ltd, a private company incorporated under the laws of the Abu Dhabi Global Market.

The licensee has already launched mojo for middle east consumers to interact with influencers, discover brands and access amazing content.

$OOOO ANNOUNCES BIGGEST DEAL EVER WITH WORLDSTAR FOUNDER TURNED SILICON VALLEY VC APOLLO GREEN. 

Launching Video Commerce Platform For Gamers To Sell Digital Assets

$OOOO announced a Binding MOU with QGlobe to launch Global Social Commerce Platform for Gamers.  

Apollo Green is a former entertainment executive and founding team member of WorldStar before he became a prominent Silicon Valley VC for the largest family office in the region.  

As a seed investor and advisor to top Play to Earn (P2E) NFT game startups, Green is the foremost Initial Game Offering (IGO) advisor specialist in vesting schedules, gamefi token economics, and even assists in marketing post sale with trading competitions, partnerships and integrations.

QGlobe intends to use the $OOOO technology platform to connect the global gaming audience by short videos and live broadcasts that are connected to physical and digital assets that can be purchased. 

The platform has been named “Tilted” and will launch in early 2023.

OOOOO will grant a perpetual, royalty-free, worldwide license to QGlobe with respect to OOOOO's proprietary software on an exclusive basis for the gaming industry, in consideration for a 30% equity interest in the new company.

But wait … there’s more!

In addition, QGlobe will be granted a time limited option to purchase the Software for an aggregate purchase price of:

• US$10,000,000 if the option exercise is completed in the second year after closing.
  • Valuing $OOOO technology just for gaming at $US 33,000,000
• US$12,000,000 if the option exercise is completed in the third year after closing.
  • Valuing $OOOO technology just for gaming at $US 40,000,000

Now sit back and watch this powerful interview.