Today, in the connected economy, Walmart announced that it will enter the concert business by hosting a music festival within its new metaverse space.

Additionally, Mastercard partners with fraud prevention company Ravelin to provide faster, more secure commerce, and Spotify acquires Kinzen to enhance its harmful speech detection efforts.

Walmart is hosting a Roblox concert as part of the Metaverse expansion

Walmart continues its excursions into the metaverse with “Electric Fest,” a virtual event the retail giant says is inspired by “the best music festivals in the world.”

The event, which debuted this weekend, comes shortly after the retail giant’s announcement that it had established two new spaces on Roblox, a non-blockchain metaverse game that boasts 52 million daily active users.

“For the first time…