Tokens.com is a marketplace for decentralized games and virtual items that has acquired $3 million worth of real estate in the new world, Decentraland’s cryptocurrency New MANA . While these are still early days for NFTs or crypto-backed assets, Tokens.com is an important step in bringing this market to mainstream users
The “what is decentraland” is a virtual reality platform that allows users to create, experience, and monetize content and applications. Tokens.com has acquired $3 million worth of Decentraland real estate.
In recent weeks, there has been a major spike in interest in the metaverse as a whole. As a result, native token prices have soared, and metaverse internet searches have increased dramatically. Tokens.com, a crypto investment business, has just completed the metaverse’s single largest land transaction.
Tokens.com bought a crucial piece of real estate in Decentraland’s fashion sector via its subsidiary, Metaverse Group. In summary, this significant transaction encompasses 166 plots totaling 565 square meters (6090 square feet). So, how much did this fantastic investment set you back? Tokens.com paid a whopping 618,000 $MANA for this ultimate metaverse acquisition. That’s a nice $3 million in old money, at least as of this writing.
We’re excited to formally announce the biggest metaverse land purchase ever, thanks to the @dcllandbot’s fried circuits! Congratulations to @tokens com and @Metaverse Group on their acquisition of a 116-parcel estate in the DCL fashion district. And if you work in the fashion sector, brace yourselves! pic.twitter.com/IGyb4nbZQW
November 23, 2021 — Decentraland (@decentraland)
Tokens.com has committed to developing the land to help the fashion community, and will immediately go to work on creating a crucial metaverse area for fashion projects, exhibitions, and events, as well as a location for allied companies to display their products, as a result of this huge acquisition.
Within the Web3 frontier, fashion is considered one of the next great potential. As a result, Tokens.com is eager to be a leader in the sector. Decentraland and the firm will collaborate closely to secure the best possible result for all sides.
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