The Latest Breaking News from metaverse

First Metaverse Fashion Week's success indicates fashion of the digital age is here to stay.

After losing a record $230bn in market value due to a disappointing earnings report in February, analysts are hoping to see progress

Private companies value the metaverse and its properties at more than $1 trillion.

What happened: Virtual land tokenized as an NFT just sold for $19,170, which is 2.27x the current floor price of 2.693 Ethereum (CRYPTO: ETH) ($19,170 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52…

What happened: Virtual land tokenized as an NFT just sold for $15,642, which is 3.00x the current floor price of 1.7 Ether (CRYPTO: ETH). The estate consists of 166,464 plots of land –– each plot is 2,500 square feet in the metaverse.

A new metaverse company has raised millions of dollars through several mints of land plots with a plan to build a luxury virtual world.

In 2021, an investment firm bought 2,000 acres of real estate for about US$4 million. Normally this would not make headlines, but in this case the land was virtual. It existed only in a metaverse platform called The Sandbox. By buying 792 non-fungible tokens on the Ethereum blockchain, the firm…

Shiba Inu (CRYPTO: SHIB) developers sold virtual land plots worth $20 million to bidders in the first two stages of the cryptocurrency's metaverse land sale.