Tokens.com has Purchased $2.5 million Worth of Virtual Land in Decentraland
TokenInsight reports that Canadian investment firm Tokens.com has announced the purchase of 116 virtual parcels of land in Decentraland for $618,000 MANA, currently valued at $2.5 million. The purchase is in Decentraland's fashionable neighbourhood, which the company says will be developed to meet the needs of fashion brands to showcase their virtual goods in the Metaverse.
The purchase is said to have been made by Tokens.com through virtual real estate company Metaverse Group, following Tokens.com's purchase of a 50% stake in Mataverse Group for $1.68 million in mid-October. Metaverse Group also sells and leases virtual land in Cryptovoxels, The Sandbox, Upland and Somnium.