The biggest metaverse purchase yet in Sandbox.
Congrats to the new owner of The Metaflower NFT Super Mega Yacht on making metaverse NFT history. This auction marks the highest price paid for a @TheSandboxGame
NFT asset at 149 ETH ($650,000), and an exciting time for every member of the Fantasy Community.
What that means, is that somebody paid 149ETH, $650,000USD, for this virtual yacht:
A looker.
'The Metaflower' NFT Sells for $650,000 USD | HYPEBEAST
Metaverse developer Republic Realm has successfully sold The Metaflower Super Mega Yacht for 149 ETH (approximately $650,000 USD), making the digital yacht the most expensive NFT asset in The Sandbox.
The Sandbox is currently one of the leading metaverse games boasting collaborations with brands and personalities such as adidas, Atari, Bored Ape Yacht Club, Binance, Snoop Dogg, The Smurfs, DeadMau5 and others. Republic Realm has developed a series of “Fantasy Islands” on the platform consisting of 100 private islands.
The collection of islands, which consist of villas built on top of NFT land, sold out in under 24 hours, and has a current floor price of 63.9 ETH (approximately $280,000 USD). The record-breaking Metaflower Yacht is an extension of the Fantasy Islands development and is a one-of-one NFT that fall under the Fantasy Collection, a suite of luxury NFTs including private islands, jet skis, and speedboats providing its holders exclusive access to the members-only beach club and Fantasy Marina. The four-story yacht features two helipads, multiple lounge areas, a Jacuzzi and a dance floor. Take a 360-degree look at the NFT here.
The Metaflower Yacht is one of many assets which Republic Realm plans to release as part of the Fantasy Collection over time. Stay tuned for more updates.
Why not.
Prolly bought ETH @$1, now it's $4,400 a pop.
^ Having lunch with Buffet or in the clinky?
Fair chunk o' change.A plot of virtual land that went for $4.3 million in The Sandbox is the most expensive metaverse property sale ever
Prices for virtual land set a new milestone Tuesday with one company buying property in The Sandbox metaverse for a record $4.3 million, according to The Wall Street Journal.
Republic Realm, which invests in and develops virtual real estate and other digital assets, purchased the land from Atari SA, marking the biggest metaverse property sale publicized to date, the WSJ reported citing Republic Realm and data from NonFungible.com.
The new record broke the one set just last week by Metaverse Group, a subsidiary of Tokens.com, when it purchased a patch of digital land for 618,000 mana, or about $2.43 million at the time. That land is set in the so-called fashion district of Decentraland, an online, virtual-only environment.
The deals underscore the increasing appetite for stakes in the metaverse, or the online space of interconnected 3D worlds in which people in avatar form can socialize, work, shop, and play games. Crypto asset management firm Grayscale has said the metaverse holds a $1 trillion-a-year revenue opportunity.
https://markets.businessinsider.com/...illion-2021-11
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