A new record was set after the biggest land deal in the Metaverse was recently completed. According to an announcement by the buyer, the virtual land deal was valued at $5 million. This new record surpasses the previous one of $4.3 million for a plot of virtual land in the Sandbox Metaverse.
Details of the Purchase
According to an announcement by Curzio Research, a financial publishing firm, they paid $5 million for a virtual plot of land in the TCG World Metaverse. The announcement states that Curzio Research will acquire 19 commercial real estate properties in the TCG Metaverse, for $5 million. It marks the biggest virtual real estate deal to date. According to the announcement, TCG will receive cash plus Curzio Research security tokens, which will represent an ownership stake in the firm.
The announcement states that Curzio Research will raise capital of up to $4 million, which will be used to fund a portion of the TCG real estate purchase. It could include capital expenditures, acquisitions, infrastructure, and personnel.
According to Frank Curzio, the founder of Curzio Research, the Metaverse is what the internet should be about. He pointed out that it should be a decentralized, permissionless place where individuals can have the freedom to create and own their content.
According to Curzio, when doing their research, they found that TCG World had all the right elements, which are gamification, social, entertainment, and commerce. He also pointed to the low fee structure that incentivizes innovation for developers and users. Curzio added that they were happy to be part of the pro-growth model in an industry that has huge upside potential.
Curzio Research is going to build its headquarters in the Asia region of the TCG World, near WallStreetBets. It is the location where Curzio VIP members can meet with other investors, access education seminars, attend live events, and conferences, and listen to exclusive Wall Street Unplugged podcasts. It will also allow users to build an investment community in the headquarters. The headquarters is expected to be complete before the official launch of Metaverse World, or before September 2022.
About TCG World
TCG World allows individuals to create and own digital items in a decentralized permissionless world. In this Metaverse players can earn TCGCoin 2.0, collect NFTs, own virtual real estate, create, explore the world, own an online business, or just have fun. TCG World is a unique take on NFT, which makes it more than a piece of art. In short, players can take NFTs into the virtual world and participate in games.
Each player has full ownership of items in the Metaverse, which are vehicles, pets, real estate, trophies, and player avatars. As part of the entertainment, TCG World will also host a live collectible card game tournament.
TCG World is designed as a living, breathing virtual world with real people, and activities that bring real-world events into the virtual Metaverse. The Metaverse is designed with its own story, which will progress as players spend more time in the game.