A plot of digital land just went for a whopping $2.43 million in the metaverse!

A plot of digital land in Decentraland just sold for a record $2.43 million worth of cryptocurrency on Tuesday. This is more than double the prior record high for virtual real estate, which was more than $913,000.

Decentraland is a popular online environment where users can exchange cryptocurrencies for land and buildings. Users can also walk around the digital world and meet other users through customizable avatars.

Metaverse Group, a subsidiary of Tokens.com, completed the purchase of a patch of digital land for 618,000 mana, or about $2.43 million at the time, according to a Decentraland spokesperson and a statement by Tokens.com.

Tokens.com said it would use the “116 parcel estate in the heart of the Fashion Street district” of Decentraland for expansion into the digital-fashion industry.

Mana is Decentraland’s cryptocurrency, which users employ to buy and sell assets in the virtual space.

Metaverse Group said in a press release it will use its new virtual real estate to support its expansion into the digital fashion industry.

Sissi

Sissi

Finder and reporter of all things metaverse in the news.

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