Sunday, June 4, 2023
New York CT
No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
No Result
View All Result
newyorkCT
No Result
View All Result
Home Tech

Digital land in the metaverse sells for record $2.43M

admin by admin
November 28, 2021
in Tech
0
Digital land in the metaverse sells for record $2.43M
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Digital actual property is on a tear.

A plot of virtual land within the on-line world referred to as Decentraland bought this week for a whopping $2.43 million, greater than double the earlier file set for the value of digital actual property.

Decentraland is a well-liked on-line setting the place customers can change cryptocurrencies for land and buildings. Customers may also stroll across the digital world and meet different customers by customizable avatars.

Decentraland exploded in popularity last month after Fb changed its corporate name to Meta, to replicate the corporate’s dedication to rising its choices within the so-called Metaverse, which has change into the newest company buzzword to replicate what some executives suppose would be the subsequent iteration of the web.

Metaverse Group, a subsidiary of Tokens.com, purchased the “116 parcel property within the coronary heart of the Trend Avenue district” of Decentraland for 618,000 mana, the cryptocurrency used within the digital world.

That was equal to $2.43 million on the time of buy, Metaverse Group mentioned in a press launch.

The corporate mentioned it’s going to use its new digital actual property to help its growth into the digital style business.

Digital landscape.
Decentraland exploded in recognition final month after Fb modified its company title to Meta.
Decentraland

“Trend is the following large space for progress within the metaverse,” Sam Hamilton, head of content material on the Decentraland Basis, mentioned in a press release.

“So it’s well timed, and really thrilling, that Metaverse Group has made such a decisive dedication with this land buy within the coronary heart of Decentraland’s style precinct.”

Varied luxurious style homes, together with Gucci Burberry and Louis Vuitton, have flirted with the so-called Metaverse, releasing NFTs, or non-fungible tokens, that are one part of the trend.

Digital landscape of a pyramid and the Sphinx.
Metaverse Group purchased the “116 parcel property within the coronary heart of the Trend Avenue district” of Decentraland for 618,000 mana.
Decentraland

Different retailers like Nike have been specific about their dedication to capitalizing on the Metaverse motion, although it’s nonetheless unclear precisely what that can appear like.

This week’s multimillion greenback buy of digital actual property far surpasses the earlier file set in June, when an actual property funding agency paid greater than $913,000 for property in Decentraland.



Source link

Tags: 243MDigitallandmetaverserecordsells
admin

admin

Related Posts

Bronx mom uses AI app Replika to build virtual ‘husband’
Tech

Bronx mom uses AI app Replika to build virtual ‘husband’

June 4, 2023
Robot dog causes stir in Midtown
Tech

Robot dog causes stir in Midtown

June 3, 2023
European Space Agency’s first-ever Mars livestream interrupted by rain
Tech

European Space Agency’s first-ever Mars livestream interrupted by rain

June 3, 2023
Next Post
Amazon’s 46 best Cyber Monday deals of 2021

Amazon's 46 best Cyber Monday deals of 2021

HP Cyber Monday 2021 deals: laptops, desktops, more

HP Cyber Monday 2021 deals: laptops, desktops, more

Marcus Semien signing with Rangers as Yankees’ SS market thins

Marcus Semien signing with Rangers as Yankees' SS market thins

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

On World AIDS Day, those impacted by disease hope others recognize their fight

On World AIDS Day, those impacted by disease hope others recognize their fight

6 months ago
City Council pressures Mayor Adams to fund new initiatives to stop crime

City Council pressures Mayor Adams to fund new initiatives to stop crime

1 year ago
Racism didn’t kill Tyre Nichols – moronic, poorly trained cops did

Racism didn’t kill Tyre Nichols – moronic, poorly trained cops did

4 months ago
Sonos wins Google import ban ruling in patent fight

Sonos wins Google import ban ruling in patent fight

1 year ago

Categories

  • Business
  • Entertainment
  • Fashion
  • Health
  • News
  • Opinion
  • Politics
  • Sports
  • Tech

Topics

Adams Biden Bidens Big Bill CBS CEO City Court COVID COVID19 Day dead Elon Eric George Gov Health Hochul home House Joe Judge man Mandate Mayor Mets monkeypox Musk NYC Office Report reveals school State time Trump Twitter Ukraine Vaccine win workers Yankees years York
No Result
View All Result

Highlights

Yankees’ Tommy Kahnle looking to get up to speed after return from IL

Across the Spider-Verse’ crawls into No. 1 spot at the box office

Bronx mom uses AI app Replika to build virtual ‘husband’

Gov. Phil Murphy votes early in New Jersey

New York City Health Department to begin spraying pesticides to prevent West Nile Virus next week

If Jamie Dimon wants political office — he’ll need to answer about Epstein

Trending

Walt Disney’s Pixar targets ‘Lightyear’ execs among 75 job cuts
Business

Walt Disney’s Pixar targets ‘Lightyear’ execs among 75 job cuts

by admin
June 4, 2023
0

Walt Disney’s Pixar Animation Studios has eradicated 75 positions together with these of two executives behind field...

Delta Airlines flight diverted after unruly passenger breaks free from restraints

Delta Airlines flight diverted after unruly passenger breaks free from restraints

June 4, 2023
Dems are intent on rigging the vote again

Dems are intent on rigging the vote again

June 4, 2023
Yankees’ Tommy Kahnle looking to get up to speed after return from IL

Yankees’ Tommy Kahnle looking to get up to speed after return from IL

June 4, 2023
Across the Spider-Verse’ crawls into No. 1 spot at the box office

Across the Spider-Verse’ crawls into No. 1 spot at the box office

June 4, 2023

© 2021 Newyork CT All Rights Reserved

No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech

© 2021 Newyork CT All Rights Reserved