While we can’t (yet) enjoy food in all its multisensory glory in the virtual world, Supreet Raju thinks connecting food to the metaverse makes perfect sense.
“Food has to be eaten in the real world,” said Raju, co-founder OneRare, a food-centric metaverse. “But there’s a lot of things that can happen in the virtual world apart from tasting it.”
Raju, who spoke last week at SimulATE, the Spoon’s Web3 food summit, pointed to the popularity of Instagram and TikTok videos and how people love cooking shows, even if they can’t taste the food being made on their screens.
“We as audiences, we never eat that food, but we look at that food, and we are so tempted to tune in. So I think virtual food also makes a connection with people.”
Raju and her husband started OneRare during the lockdown of the pandemic. They began with the idea of food NFTs, where users would collect ingredient NFTs and would use them to claim a dish NFT. The vision grew quickly, and soon they were thinking of a full metaverse with in-world games, chef and brand partnerships, and exchanges of virtual assets for real-world utility. Adding to the momentum was the $2 million-plus raised in November via an NFT drop.
“It was supposed to be a simple project where you collected ingredients to claim your dish NFT. But from there, we’ve added layers. We started thinking about games. Then we started thinking about the utility of NFTs. And here we are, creating the first foodverse in the world.”
Part of the vision includes working with food brands, chefs, and restaurants to bring them into the metaverse and offer residents of OneRare real-world utility in the form of coupons for food, unique recipes they can use, and more.
This week, the company struck its first brand partnership with Urban Platter, an India-based ingredient provider. OneRare players will be able to use tokenized Urban Platter ingredients in in-game recipes and eventually will be able to exchange them for ingredients in the real world. Over time, the ingredient company plans to launch a virtual store in OneRare’s Foodverse where visitors learn about products and even shop.
Not surprisingly, in a world where most people still can’t explain Web3 or blockchain and virtual reality is still for early adopters, there are lots of skeptics when it comes to the idea of a foodverse.
While it may take some time, Raju thinks the skeptics will come around.
“When Instagram came in 2009, brands never took it seriously for the first two, three years,” said Raju. “And then they saw a chef who was just making recipes at home get to like 5 million followers, get his own cookbook, and then get his own restaurant. That’s when chefs and brands started saying, ‘oh my God, we need to make an Instagram account.'”
In the long term, Raju envisions the OneRare foodverse weaved into the broader metaverse, where OneRare powers virtual food experiences in other virtual worlds. The company plans to integrate with other Web3 platform companies to get there, and one example is Chumbi Valley, an NFT role-playing game the company partnered with last year.
“We look at ourselves as the food people here,” said Raju. ” We want to put it on the blockchain. You need an energy drink to train for a race? We’ll be there. You need pizza for your party? We’ll be there. That’s the kind of way we’re building OneRare.”
You can watch my full interview with Supreet Raju below.
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