Decentraland will recreate New York's One Times Square skyscraper
A New Year's ball is held on its roof every year
30.12.2021 - 07:15
189
1 min
0
What’s new? Decentraland's virtual space will feature a replica of the New York City skyscraper, the One Times Square. The developers intend to hold the “MetaFest 2022” New Year's Ball on the digital roof. This is stated in a press release.
Who invested in the project? The Digital Currency Group (DCG), an investment firm, and Jamestown, a real estate organization, initiated the launch of the digital replica of the building.
As the value of virtual real estate gains traction, the involvement of real estate companies like Jamestown may become a trend, CoinDesk notes. How much the organization has invested in the project is not disclosed.
Material on the CoinDesk website
“The metaverse is an important part of the evolution of real estate and the built environment. The metaverse can give people around the world access to places through immersive virtual experiences,” stated Jamestown President Michael Phillips.
What is known about the project? The GrowYourBase and MetaVenture Studios teams will create the virtual space. The “MetaFest 2022” celebration will include virtual art galleries, VIP lounges, and musical performances.
Useful material?
Telegram 
Twitter Incidents
Crypto mixer smart contracts do not have an administrator key, so no one can control them, and they are not considered proprietary
Nov 27, 2024
Market
According to the politician, this will combat widespread corruption by ensuring transparency and accountability of budgetary funds
Nov 26, 2024
Market
Justin Sun invested $30 million in the project
Nov 26, 2024
Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Cryptocurrency rates
-
Bitcoin
$93 162
BTC
+0.58%
-
Ethereum
$3 449.74
ETH
+3.44%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.42
XRP
+5.96%
-
Dogecoin
$0.387491
DOGE
+2.32%
-
Cardano
$0.995262
ADA
+9.17%
-
Stellar XLM
$0.488292
XLM
+10.61%
-
Polkadot
$8.24
DOT
+4.05%
-
Bitcoin Cash
$500.61
BCH
+3.02%
-
Litecoin
$94.43
LTC
+4.06%