Wormhole Labs Partners With MagicLinks to provide safe and social shopping during COVID19 Pandemic

The partnership will enable digital monetization of more than 100,000 global retail locations with Wormhole immersive platform

LOS ANGELES - Californer -- Wormhole Labs, creator of the Wormhole™ platform, has partnered with MagicLinks, the global leader in social commerce for YouTube, Instagram and TikTok video influencers, to help over 100,000 retail stores, including Target, Sephora, Nike, and Best Buy, monetize through the immersive social platform.

The Wormhole™ Platform, currently in beta release in six continents, creates a living simulation of the real world where people and businesses can teleport, or, 'Wormhole,' as avatars to any location to experience the world like they are physically there. Users can interact, socialize and shop in what is becoming the first consumer-facing instance of the metaverse. Integrating MagicLinks technology, which excels at empowering influencers and creators to share products they love to earn income, will take the platform to the next level. This partnership will enable the Wormhole™ Platform to feature shoppable links for over 5,000 brands, unlocking an entirely new form of ecommerce, with exponential growth potential.

"Users can now safely shop in an immersive and social manner like they are used to, but without the risks of human contact during this coronavirus pandemic. Even better, friends from multiple locations can shop together live as avatars, and have fun just like they are hanging out together and walking along in person," said Curtis Hutten, CEO and founder of Wormhole Labs. "Through our partnership with MagicLinks, Wormhole will help retail locations not only drive sales, but share information and connect with their communities during this tumultuous time. This is a next-level social and e-commerce experience."

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"In the broader context of COVID-19, brick-and-mortar retail experiences require innovative solutions to provide consumers with a contemporary and safe way to shop," said Brian Nickerson, CEO and Co-founder of MagicLinks. "We're incredibly excited to collaborate with Wormhole to supply consumers with the necessary tools needed to have a fun and futuristic shopping experience that allows them to virtually connect, regardless of location, while taking the necessary social distancing measures required to defeat the COVID-19 pandemic."

"Wormhole's community uses the immersive social platform to participate in the world like they're actually there," shared Phil Ranta, COO of Wormhole Labs. "Shopping is a huge part of our day-to-day activity. With the lockdowns due to the pandemic, we want to replicate that experience in partnership with MagicLinks."

About Wormhole

"Wormhole™ is an evolution of social interaction. Using Wormhole Labs' patented technology, users, companies, and organizations can re-create the world with 360 degree panoramic images using their connected devices, then interact as if they're physically there. By teleporting throughout the world, Wormholers will never be limited by physical distance again. As avatars, they can meet, chat, live stream, watch real-time content, host virtual meetings and concerts, and more. The platform provides 24/7 monetization opportunities for creators who can create a virtual 'clubhouse' for fans to have an immersive community experience and purchase digital and physical items. This capability will be significantly amplified through the MagicLinks partnership, which will provide partnerships with powerful retail brands, and technology solutions to make the social commerce solution within Wormhole easy-to-use, fun, and fulfilling. Brands and small businesses can inspire consumers to visit virtual versions of their locations through coupons, item drops, and virtual-experiential activations like concerts.

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For more information on brand opportunities and to sign up for the platform, please visit: www.wormholelabs.com.

About MagicLinks

MagicLinks powers social commerce through an exclusive marketplace for video influencers and the world's leading brands. Their technology enables creators to share the products they love with their fans and serves leading brands seeking scalable, data-backed influencer campaign solutions, with dependable ROI and 100% sales data reporting. They are digital video natives, driven by data, passionate about the influencer community, and committed to excellence.