Decentraland Sees a Record USD 913,000 Virtual Land Sale

Source: Screenshot / Decentraland Marketplace

Ethereum (ETH)-based open-world digital actuality (VR) sport Decentraland simply recorded the most important digital land acquisition in its historical past. The purchaser, digital real-estate agency Republic Realm paid over USD 913,000 for 259 parcels of digital in-game land, paid in 1,295,000 MANA tokens.

The digital property was packaged as a non-fungible (NFT) LAND token, and constitutes the largest in-game USD sale thus far.

Decentraland is a crypto-powered metaverse sport with true possession over all in-game objects, its personal native forex MANA, and lively player-driven in-game financial system. It lets gamers purchase, promote, construct, and develop their very own objects, venues, and providers.

Meanwhile, Republic Realm belongs to on-line funding platform Republic, which has backing from crypto alternate Binance, in addition to Galaxy Digital’s Galaxy Interactive, AngelList, and others.

According to NonFungible.com, the earlier document digital land sale was recorded on May 28. At the time, the client paid almost USD 704,000, which was equal to 759,361 MANA tokens.

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About the Author: Daniel