Virtual real estate plot sells for record US$2.4 million

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

LONDON : A patch of virtual real estate in the online world Decentraland sold for a record US$2.4 million worth of cryptocurrency, the buyer crypto investor Tokens.com and Decentraland said on Tuesday.Decentraland is an online environment - also called a 'metaverse' - where users can buy land, visit build

LONDON : A patch of virtual real estate in the online world Decentraland sold for a record US$2.4 million worth of cryptocurrency, the buyer crypto investor Tokens.com and Decentraland said on Tuesday.

Interest surged last month when Facebook changed its name to Meta to reflect its focus on developing virtual reality products for the metaverse. A subsidiary of Tokens.com, called the Metaverse Group, bought a patch of real estate for 618,000 MANA on Monday, which was around US$2,428,740 at the time, a Decentraland spokesman and a statement by Tokens.com said.Decentraland said it was the most expensive purchase of a plot of virtual real estate on the platform.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Korea expects revenue from real estate tax to be three times higher in 2021SEOUL : A revision to South Korea's real estate holding tax law will help the government collect 5.7 trillion won (US$4.8 billion) in such taxes in 2021, the finance ministry said on Monday, a three-fold increase compared to 2020.The government revised the law last year, increasing the holding tax rate fo 42 per cent increase! Wow, goodluck. 😬
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US Justice Dept to pay US$130 million to Parkland victims' families over FBI blunderMIAMI: The US Justice Department is expected to pay US$130 million to the families of victims of the 2018 Parkland shooting in Florida because the FBI failed to investigate two tip-offs about the gunman who went on to kill 17 people at the high school, the New York Times said Monday (Nov 22). Armed with an
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

A ‘super penthouse’ in Singapore's Central Area sold for S$48 millionThe unit is the sole penthouse at newly launched development CanningHill Piers. In total, the development recorded over S$1.18 billion in sales value during its launch weekend. I’m sorry, but I just find that it spoils the scenery in that area, jutting out like a sore thumb amongst other low-lying heritage shophouses. Just no.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Marines on track for worst COVID-19 vaccination record in US military: Washington PostWASHINGTON: The US Marine Corps is set to have the worst vaccination record among military branches, with up to 10,000 active duty personnel set to miss the service\u0027s Nov 28 deadline, the Washington Post reported on Sunday (Nov 21). At least 94 per cent of Marines have already met President Joe B 就是這些人不願意接種,感染了武漢病毒就到處傳播病毒!害了很多無辜的人!
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Apple critic Tile Inc acquired by Life360 in US$205 million dealTile Inc, a maker of tracking tags that was a vocal critic of Apple Inc, has been acquired by Life360, a location-sharing app maker.The deal was valued at US$205 million after Tile had raised US$141 million in venture capital since its founding in 2012, a return of just 1.45 times invested capital.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Apple critic Tile acquired by Life360 in US$205 million dealTile, a maker of tracking tags that was a vocal critic of Apple, has been acquired by Life360, a location-sharing app maker. The deal was valued at US$205 million after Tile had raised US$141 million in venture capital since its founding in 2012, a return of just 1.45 times invested capital. Appl
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »