News of metaverses and NFT tokens continues to excite the news feeds. The popularity of the first and second is constantly growing. The Sandbox metaverse plays a special role in this topic. Her popularity is quite high. This led to her being noticed by Forbes magazine. Moreover, they didn’t just start writing about the project. In this metaverse, they bought a piece of land. Now Forbes magazine is the owner of the land not only offline, but also in the virtual space.
Transaction details
The management of the financial and economic magazine announced that they became the owners of an enterprise in the popular metaverse. This acquisition was made for a specific purpose. In particular, it is indicated that the magazine strives to occupy a leading position in the field of the latest technologies and technological innovations.
Creating a platform in the metaverse is providing an opportunity for readers to find a new platform for cooperation. This will allow people to communicate and develop. Director of Development Taha Ahmed believes that the plot at Sandbox is a desire to keep up with constantly developing new technologies.
A swimming pool, bar and art gallery were built on the acquired site. The employees indicated that here people will be able to “relax and communicate culturally.” That is, we combined the useful with the pleasant. In addition, it is indicated that various events can be held here. Including seminars and other interactive events.
A few words about the metaverse
In order to become the owner of a plot, you need to purchase an NFT LAND. At the moment, the minimum cost of one token is $597. Accordingly, we can make the assumption that the magazine bought at least one token. That is, I spent from 597 dollars. The contribution is minimal, but the “exhaust” can be significant.
The metaverse is divided into 166,012 regions. Currently they are owned by 24,920 people and companies. The total capitalization level of all NFT LAND is $99 million.
Thus, for now, Forbes magazine strives to keep up with current trends. Buying a plot in the Sandbox metaverse is a desire not to waste time. It is necessary to invest capital in trending assets in a timely manner. From the looks of it, NFT LAND may continue to grow in popularity. Accordingly, in order to become the owner of a plot, you will need to buy it from another person or organization. I will continue to monitor the situation as it develops.
