Metaverse Group, which is headquartered in Decentraland, announced on Nov. 23 that it had completed what it calls “the largest Metaverse land acquisition in history.”
The subsidiary of Tokens.com snapped up 116 parcels of land “in the heart of the Fashion Street district” in Decentraland. The total size of the land purchased is equivalent to 6,090 square feet of land at the cost of 618,000 MANA tokens worth about $2.5 million.
Metaverse Group plans to develop the estate for fashion shows and commerce. It will also form partnerships with fashion brands looking to expand their presence in the Metaverse, especially in Decentraland. “Fashion is the next massive area for growth in the Metaverse,” said Sam Hamilton, Head of Content at the
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