WebsCrypto
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Press Releases
Facebook X (Twitter) LinkedIn Telegram
WebsCryptoWebsCrypto
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Opinions
  • Press Releases
Bitcoin (BTC) $26,929.22 0.12%Ethereum (ETH) $1,669.89 1.34%BNB (BNB) $215.90 0.50%XRP (XRP) $0.535911 5.66%Cardano (ADA) $0.249968 0.55%Solana (SOL) $20.28 3.19%Dogecoin (DOGE) $0.0621 1.37%Polkadot (DOT) $4.08 0.56%Shiba Inu (SHIB) $0.000007 0.63%Dai (DAI) $1.00 0.13%TRON (TRX) $0.089533 3.74%Polygon (MATIC) $0.526012 1.81%Avalanche (AVAX) $9.15 0.77%Uniswap (UNI) $4.40 0.12%Litecoin (LTC) $66.23 1.84%
Crypto Prices
WebsCrypto
Business

Metaverse Virtual Land Purchase Spending Nears $2 Billion in Past 12 Months

By Simon LawsonNovember 4, 20221 Min Read
Metaverse Virtual Land Purchase Spending Nears $2 Billion in Past 12 Months
Share
Facebook Twitter Telegram LinkedIn Reddit Email

Nearly $2bn (£1.75bn) has been spent on virtual lot purchases over the past 12 months as ordinary people and businesses race to gain a foothold in the metaverse.

One of the most popular metaverses right now is Decentraland, where Samsung, UPS and Sotheby’s, as well as fashion brand Philipp Plein, have purchased virtual plots to build stores and visitor centers.

Advertisements

In The Sandbox, Adidas, Atari, Ubisoft, Binance, Warner Music and Gucci purchased virtual parcels.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
Binance Decentraland Metaverse
Simon Lawson
  • X (Twitter)

Simon Lawson has been a professional financial reporter for 6 years. He has in-depth research on the crypto industry and will release major crypto news in a timely manner.

Recommended Reading

Business September 28, 2023

Chase UK Takes a Firm Stance Against Cryptocurrency Transactions Amid Rising Scams

Markets September 28, 2023

Bitcoin Soars 80% This Year, Outpacing Global Stocks Amid U.S. Banking Crisis and Diminishing Binance Concerns

Business September 27, 2023

Grayscale Faces Fee War in US Bitcoin ETF Race

Business September 24, 2023

Crypto Companies Shift Focus Outside the U.S. Amid Regulatory Pressures

Markets September 22, 2023

Bitcoin and Ethereum Navigate Volatile Waters Ahead of FOMC Decision

Business September 22, 2023

PayPal Brings PYUSD Stablecoin to Venmo

The Latest
Business September 28, 2023

Chase UK Takes a Firm Stance Against Cryptocurrency Transactions Amid Rising Scams

News September 28, 2023

Inflationary Market Bitcoin and Ethereum Remain Steady as Correlation with U.S. Stocks Rises

Markets September 28, 2023

Bitcoin Soars 80% This Year, Outpacing Global Stocks Amid U.S. Banking Crisis and Diminishing Binance Concerns

Markets September 28, 2023

Texas Takes the Lead in Bitcoin Mining, Accounting for 28.5% of US’s Hashrate

News September 27, 2023

Vitalik Buterin’s Recent Ethereum Transfers Raise Eyebrows in the Crypto Community

EDITOR’S CHOICE
Vitalik Buterin’s Recent Ethereum Transfers Raise Eyebrows in the Crypto Community
Bonds Surge in Appeal as Bitcoin and S&P 500 Navigate Third Quarter Downturn
Robert Kiyosaki: Cryptocurrency is the Future, Fiat Money is on the Decline
Chase UK Takes a Firm Stance Against Cryptocurrency Transactions Amid Rising Scams
News
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Markets
  • Business
  • Markets
Information
  • Opinions
  • Guides
  • Press Release
  • Sponsored
Price Indexes
  • Market Cap
  • Bitcoin Price
  • Ethereum Price
  • Cardano Price
  • Solana Price
  • Polkadot Price
  • Polygon Price
Services
  • About Us
  • Contact Us
  • Advertise
  • Privacy Policy
  • Terms of Service
WebsCrypto
X (Twitter) Facebook Telegram LinkedIn RSS
© 2023 WebsCrypto

Type above and press Enter to search. Press Esc to cancel.