Decentraland’s MANA token pushed to a record high on Thursday, hitting $5.84 for the first time. It is up almost 40% in the past seven days.
A patch of virtual real estate in the online world Decentraland sold for a record $2.4 million worth of cryptocurrency, the buyer crypto investor Tokens.com (COIN.NLB) and Decentraland.
Digital asset investor Tokens.com has completed the $2.4m acquisition of a plot of ‘digital land’ within the Decentraland metaverse platform.
Much has been written about the metaverse, and especially with Facebook (now Meta) so actively involved in this space there is bound to be debate around how this sector will evolve. That said, the metaverse is also a tremendous opportunity for blockchain and cryptoassets to move to the mainstream.
Little-known altcoin mana soared in the past week after Facebook's rebranding pivot sparked renewed interest in the metaverse. The price of decentraland, whose ticker is mana, peaked at record high of $4.16 on Saturday, according to CoinMarketCap data. The coin is now up 400% from the time Facebook announced it is changing its name to Meta on Thursday.
Canadian cryptocurrency startup Tokens.com has closed its acquisition of a 50 percent stake in Metaverse Group for $1.68 million CAD since it first announced its intent to purchase on September 29.
Publicly-listed cryptocurrency and blockchain investment firm Tokens.com has announced a landmark agreement to acquire a 50% stake in metaverse real estate firm Metaverse Group in a deal worth in excess of $1.6 million.
As big tech companies set their eyes on the Metaverse, Tokens.com Corp has signed a letter of intent to purchase a 50 per cent stake in the Metaverse Group. Renno & Co., a digital law firm concentrated on startup and tech law and based in Montreal, was implicated in the transaction.
A blockchain entrepreneur, with the help of a former real estate i-banker, will mint the world’s first virtual property REIT in October. It could be listed on a public exchange as soon as next year.
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