fbpx

No Plans for the New Year Celebration? Join the Iconic Times Square Party in the Decentraland Metaverse

The owner of the Times Square building in New York City entered the metaverse by recreating a virtual duplicate of the building for Decentraland. Decentraland will unveil the iconic One Times Square on the 31st of December night for the ‘MetaFest 2022’ event. It will be the tallest (26-story) building in the metaverse.

“There will be music, club parties, rooftop VIP lounges, CryptoArt galleries, immersive games, a Ball Drop you will never forget, and wearables and collectibles to take with you into the year ahead,”

the event’s description reads.

The real estate firm Jamestown partnered with Digital Currency Group (DCG) – a supporter of Decentraland that holds a large number of MANA and LAND tokens.

Jamestown President Michael Phillips said in the press release:

“The metaverse is an important part of the evolution of real estate and the built environment. Whereas physical real estate is largely limited to people with geographic proximity, the metaverse can give people around the world meaningful access to places through immersive virtual experiences.”

On the Flipside

  • The real-life Time Square has a 15,000 vaccinated attendee limit due to the Omicron outbreak.
  • Virtual real estate on the metaverse is gaining popularity at a rapid speed. This has lead to many real-estate agencies joining the digital land market.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

    You can always unsubscribe with just 1 click.

    This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss

    Rate This Article
    In order to improve, we give you the opportunity to rate DailyCoin content