Decentraland

Main article: Metaverse

Decentraland is a metaverse running on the Ethereum blockchain.

History

2022

Launch of RTVI representative office

On June 1, 2022, the company RTVI announced that it had created its own representative office in. metauniverse The international media holding has already bought out land in Decentraland - one of the major platforms virtual reality operating on. blockchain Ethereum More. here

Opening of JPMorgan Bank Virtual Office

In February American JPMorgan 2022, it became the first major bank to open its virtual location in. The Onyx metauniverse lounge, named after JPMorgan's blockchain division, is located in the Metajuku mall in the Decentraland metaverse.

A tiger wanders along the first floor of the "office," and a portrait of the bank's general director Jamie Dimon hangs on the wall.

So far, the virtual representative office does not provide real banking services, but users will be able to familiarize themselves with Jamie Dimon's presentations on the crypto market.

2021: $2.4 million virtual real estate plot deal

A plot of virtual real estate in the online world Decentraland was sold for a record amount of $2.4 million. This became known in November 2021.

Decentraland is an online environment, also called a "metaverse," using blockchain. Land and other properties in Decentraland are sold in the form of non-interchangeable tokens (NFTs), a kind of crypto-asset.

Users can buy land, visit buildings, walk and meet people as avatars. Crypto enthusiasts buy land there as speculative investments using Decentraland cryptocurrency, MANA. The popularity of such environments in 2020-2021 increased as the pandemic forced people to spend more time on the Internet.

Investors Start Buying Land in Metaverse and Spend Millions on It

Interest soared in the month of October 2021, when Facebook it changed its name to Meta to reflect its focus on metaverse product development virtual reality. Coinbase The value of MANA rose about 400% after the name change, according to the data.

A subsidiary of Tokens.com, called Metaverse Group, bought the property for 618 thousand MANA on Monday November 22, which amounted to about $2.4 million, a Decentraland and Tokens.com. spokesman said in a statement.

It was the most expensive purchase of a virtual property site on the platform, according to a Decentraland spokesperson.

The land is in the "Fashion Street" area of the Decentraland map, and Tokens.com said the area would be used to host digital fashion events and sell virtual clothing for avatars.

The site consists of 116 small pieces, measuring 52.5 square feet each, which is 6,090 square feet of space. Andrew Kiegel, CEO of Tokens.com, said the assets would complement properties already owned by the Metaverse Group.

In June 2021, a plot of virtual land in Decentraland was sold for 1.3 million MANA, which at that time cost $913 thousand. Shoppers have built a virtual shopping mall to sell digital clothing.^[1]

Notes