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Tokens.com Buys USD 2.8M Worth of Virtual Land in Upcoming Fashion District
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Tokens.com, a publicly-traded company that invests in revenue-generating digital assets, has acquired 116 parcels of virtual land within Decentraland's metaverse, which is reportedly the largest metaverse land acquisition to date.
Each parcel corresponds to 52.5 square feet of virtual land, making the acquisition equivalent to a total of 6,090 square feet.
The company paid MANA 618,000 (over USD 2.8m at current rates) to acquire the estate, which is in the heart of Decentraland's Fashion Street, an area said to be poised to become a fashion and e-commerce hub within the upcoming digital era.
“Fashion is the next massive area for growth in the metaverse,” Sam Hamilton, head of content at Decentraland, was quoted saying. “So it’s timely, and
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