{"id":372399,"date":"2021-11-25T16:42:52","date_gmt":"2021-11-25T13:42:52","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/digital-land-in-the-metaverse-sells-for-record-2-43m\/"},"modified":"2021-11-25T16:42:52","modified_gmt":"2021-11-25T13:42:52","slug":"digital-land-in-the-metaverse-sells-for-record-2-43m","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/digital-land-in-the-metaverse-sells-for-record-2-43m\/","title":{"rendered":"#Digital land in the metaverse sells for record $2.43M"},"content":{"rendered":"<p>&#8220;<strong>#Digital land in the metaverse sells for record $2.43M<\/strong>&#8221;<\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Virtual real estate is on a tear.<\/p>\n<p>A plot of virtual land in the online world known as Decentraland sold this week for a whopping $2.43 million, more than double the previous record set for the price of virtual real estate.<\/p>\n<p>Decentraland is a popular online environment where users can exchange cryptocurrencies for land and buildings. Users can also walk around the digital world and meet other users through customizable avatars.<\/p>\n<p>Decentraland exploded in popularity last month after <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> changed its corporate name to Meta, to reflect the company\u2019s commitment to growing its offerings in the so-called Metaverse, which has become the latest corporate buzzword to reflect what some executives think will be the next iteration of the internet.<\/p>\n<p>Metaverse Group, a subsidiary of Tokens.com, bought the \u201c116 parcel estate in the heart of the Fashion Street district\u201d of Decentraland for 618,000 mana, the cryptocurrency used in the digital world. <\/p>\n<p>That was equivalent to $2.43 million at the time of purchase, Metaverse Group said in a press release.<\/p>\n<p>The company said it will use its new virtual real estate to support its expansion into the digital fashion industry.<\/p>\n<figure class=\"wp-block-image size-large is-style-default\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/11\/Decentraland_47.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Digital landscape.\" class=\"wp-image-20269010\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/11\/Decentraland_47.jpg?quality=90&amp;strip=all&amp;w=1536 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/11\/Decentraland_47.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/11\/Decentraland_47.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Decentraland exploded in popularity last month after Facebook changed its corporate name to Meta.<\/figcaption><figcaption><span class=\"credit\">Decentraland<\/span><\/figcaption><\/figure>\n<p>\u201cFashion is the next massive area for growth in the metaverse,\u201d Sam Hamilton, head of content at the Decentraland Foundation, said in a statement. <\/p>\n<p>\u201cSo it\u2019s timely, and very exciting, that Metaverse Group has made such a decisive commitment with this land purchase in the heart of Decentraland\u2019s fashion precinct.\u201d<\/p>\n<p>Various luxury fashion houses, including Gucci Burberry and Louis Vuitton, have flirted with the so-called Metaverse, releasing NFTs, or non-fungible tokens, which are one part of the trend.<\/p>\n<figure class=\"wp-block-image size-large is-style-default\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/11\/Decentraland_46.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"Digital landscape of a pyramid and the Sphinx.\" class=\"wp-image-20269012\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/11\/Decentraland_46.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/11\/Decentraland_46.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/11\/Decentraland_46.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Metaverse Group bought the \u201c116 parcel estate in the heart of the Fashion Street district\u201d of Decentraland for 618,000 mana.<\/figcaption><figcaption><span class=\"credit\">Decentraland<\/span><\/figcaption><\/figure>\n<p>Other retailers like Nike have been explicit about their commitment to capitalizing on the Metaverse movement, though it\u2019s still unclear exactly what that will look like.<\/p>\n<p>This week\u2019s multimillion dollar purchase of digital real estate far surpasses the previous record set in June, when a real estate investment firm paid more than $913,000 for property in Decentraland.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. 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A plot of virtual land in the online world known as Decentraland sold this week for a whopping $2.43 million, more than double the previous record set for the price of virtual real estate. Decentraland is a popular online&#8230;<\/p>\n","protected":false},"author":1,"featured_media":372400,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/11\/Decentraland_48.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[95118,120242,76127,48],"class_list":["post-372399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-nft","tag-11-25-21","tag-cryptocurrency","tag-internet"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/372399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=372399"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/372399\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/372400"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=372399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=372399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=372399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}