📺 Stream EntrepreneurTV for Free 📺

Thoughtworks Ties Up With Jump.trade For a Metaverse-Led Advertising Opportunity In pursuit of exploring interesting advertising platforms, Thoughtworks has purchased digital land in Jump.trade's RADDX Racing Metaverse

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Jump.trade, Asia's largest NFT marketplace, has announced its marketing tie-up with global technology consultancy, Thoughtworks. In pursuit of exploring interesting advertising platforms, Thoughtworks has purchased digital land in Jump.trade's RADDX Racing Metaverse. The marketplace has been recognized as the largest NFT marketplace on the Polygon chain and the tie-up has the potential to promote mainstream adoption of the metaverse as a medium for advertising.

"As we stand at the threshold of bringing the RADDX Racing Metaverse to fruition, we welcome Thoughtworks' venture into the virtual world. Being an organization known for its emphasis on not just keeping up with trends, but being the trendsetter in the tech world, Thoughtworks' recognition of the metaverse as an avenue for branding speaks volumes about its potential. We fully believe that the partnership between Jump.trade and Thoughtworks could herald the mainstream adoption of utility-driven NFTs, especially with regard to advertising," said Ramkumar Subramaniam, the co-founder and CEO of Jump.trade.

RADDX Racing Metaverse is an upcoming NFT car racing game expected to be rife with energetic chases, tournaments, and cash rewards for winners. The game has also introduced Digital Land plots in the metaverse that can serve as advertising opportunities for brands. As the RADDX Racing Metaverse continues to expand its horizons with a growing user base and collaborations with brands from a diverse array of industries, it can be viewed as a harbinger for Web3 advertising and gaming alike, according to an official statement by the company.

"Our approach as a marketing function is to leverage innovative ways and platforms to broadcast our brand and message, to both customers and employees. The tie-up with Jump.trade and the RADDX platform will put us in front of our core talent audience; Gen Zers who are avid adopters of new-age tech. Being a part of this metaverse ecosystem is a step towards embracing emerging technologies when it comes to advertising and marketing," said Jaggi AL, head of marketing for Thoughtworks in India.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Business News

These Are the 10 Most Profitable Cities for Airbnb Hosts, According to a New Report

Here's where Airbnb property owners and hosts are making the most money.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.

Science & Technology

Service as a Strategy — How to Build a Sustainable, Future-Ready Tech Business

The benefits of transitioning from traditional SaaS models to service-based models — and how to do it successfully.

Business News

Samsung's New Ad Pokes Fun at Apple's Controversial 'Crush' Ad

Creative universes overlap in a new ad from Samsung.

Productivity

Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.