A patch of virtual real estate in the online world Decentraland sold for a record $2.4 million worth of cryptocurrency, the buyer crypto investor Tokens.com and Decentraland said on Tuesday. Also Read | Metaverse pioneers unimpressed by Facebook rebrandDecentraland is a specific type of metaverse that uses blockchain. Decentraland said it was the most expensive purchase of a plot of virtual real estate on the platform. It is made of 116 smaller parcels, measuring 52.5 square feet each, making the land 6,090 virtual square feet in size. Andrew Kiguel, CEO of Tokens.com, said the assets would complement the real estate already held by Metaverse Group.

Source: The Hindu November 24, 2021 08:11 UTC