Realm Metaverse Real Estate continues to take on the metaverse with record-breaking sales and acquisitions.
It’s been a productive few weeks for Realm Metaverse Real Estate. As we continue to invest and build in the metaverse, we’ve been making waves with record land acquisitions, NFT sales, and new partnerships. Our asset management strategy is focused on acquiring, managing, and developing digital land while adding value to our holdings through strategic partnerships. The updates below illustrate how we execute on these core tenets.
Record-Breaking Digital Land Acquisition
This week, Realm Metaverse Real Estate acquired multiple estates in The Sandbox for $4.3 million from legendary gaming company, Atari SA. The acquisition represents the biggest virtual real estate sale to date, shattering previous records in the metaverse. Realm Metaverse Real Estate plans to partner with Atari on some exciting developments in The Sandbox in the future.
Read more about it in the Wall Street Journal.
Most Expensive In-Game NFT Sold in History
Realm Metaverse Real Estate is the developer of Fantasy Islands, a master-planned community comprised of 100 private islands, each an NFT in The Sandbox. As we continue to build the development, we’ve also created The Fantasy Collection, a suite of luxury NFTs (speedboats, jetskis, etc) designed for the Fantasy Islands Community to use in The Sandbox. Last week, we auctioned off The Metaflower Super Mega Yacht, a luxury one of one NFT for 149 ETH ($650,000). The six day auction ended in a bidding war and the purchase marks the highest price paid for a Sandbox asset, making this Fantasy Collection asset the most valuable NFT in The Sandbox, a metaverse video game.
Read more about it in Hypebeast.
New Strategic Partnerships
Just this week, we announced our partnership with renowned real estate brokers, Oren and Tal Alexander of the Alexander Team, who have been Douglas Elliman’s top performers for the last two years. Together, we’ll create a metaverse master-planned development with the goal of creating architecturally significant designs in the metaverse and bringing a new segment of customers and users into the space.
Read more about it in The Real Deal.
We remain optimistic about the metaverse landscape and our position in this dynamic, decentralized ecosystem. Stay tuned for more updates.
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