World News

Virtual real estate plot sells for record $2.4 million

Published

3 years ago

November 24, 2021

Virtual real estate plot sells for record .4 million

Cryptocurrency investors Tokens.com and Decentraland stated on Tuesday that a virtual real estate in the online world of Decentraland was sold for a record value of $2.4 million in cryptocurrency.
Decentraland is an online environment-also known as “meta universe”-where users can buy land, visit buildings, walk around and meet people as avatars.

This year, this environment has become more and more popular because the pandemic has caused people to spend more time online.

Last month, when Facebook changed its name to Meta to reflect its focus on developing virtual reality products for Metaverse, interest surged.

Decentraland is a specific type of metaverse that uses blockchain. Land and other items in Decentraland are sold in the form of non-fungible tokens (NFT), which are crypto assets.

Crypto enthusiasts use Decentraland’s cryptocurrency MANA to buy land there as a speculative investment.

A Decentraland spokesperson and a statement from Tokens.com stated that Metaverse Group, a subsidiary of Tokens.com, purchased a piece of real estate for 618,000 MANA on Monday, which was approximately US$2,428,740 at the time.

Reuters also saw land purchase records on the NFT market OpenSea.

Decentraland stated that this is the most expensive purchase of a piece of virtual real estate on the platform.

The land is located in the “Fashion Street” area of the Decentraland map, and Tokens.com said it will be used to host digital fashion events and sell virtual clothing.

It consists of 116 smaller plots, each with an area of 52.5 square feet, making the land area 6,090 square feet.

Andrew Kiguel, CEO of Tokens.com, said that these assets will supplement the real estate that Metaverse Group already holds.

In June, a piece of virtual land in Decentraland was sold for 1,295,000 MANA, which was worth US$913,228 at the time. Buyers set up a virtual shopping mall to sell digital clothing, but Reuters has visited the site many times but has not seen any shoppers.

News Source : NDTV

Related Topics:million plot real record sells virtual

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Day 6 box office receipts for Game Changer: Ram Charan’s film takes another hit, earning over ₹110 crore

Published

6 days ago

January 16, 2025

India

Day 6 box office receipts for Game Changer: Ram Charan’s film takes another hit, earning over ₹110 crore

Game Changer box office collection day 6: Ram Charan and Kiara Advani-starrer released in theatres on January 10.
Game Changer box office collection: Ram Charan, Kiara Advani-Game Changer is one the first big releases of this year, and came with huge audience expectations. However the film opened to mixed reviews and has performed decently at the box office. As per the latest version of Sacnilk.com, Game Changer has minted ₹6.11 crore in its sixth day of release. Game Changer is directed by Shankar.

Game Changer box office collection

The report states that Game Changer has now crossed the ₹110 crore mark at the box office. It minted ₹5.55 crore on its first Wednesday, which is the lowest for the film so far. The film had seen a slight growth on its fifth day of release, with ₹10 crore net. The overall collections now stand at ₹112.26 crore.

Game Changer minted ₹51 crore on its opening day, and saw a dip in collections on its second day with ₹21.6 crore. Day three collections were at ₹15.9 crore whereas day four net was ₹7.65 crore. The film saw a sharp decline in its weekdays and is yet to recover. Game Changer is facing stiff competition from a number of releases, which includes Nandamuri Balakrisha’s Daaku Maharaj, Unni Mukundan’s Marco and Allu Arjun’s Pushpa 2: The Rule.

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Amid box office concerns for the film, a pirated version of Game Changer was allegedly aired on a local TV channel and shown in buses. Screenshots of the same surfaced on X, which caught the attention of producer Sreenivas Kumar. He took to his X account to demand strict action on it.

A few days ago, the makers of the film had filed a complaint against individuals for allegedly leaking a pirated version of the film online. The complaint also states that before the film’s release, the producers and a few team members were threatened through social media and messaging platforms like WhatsApp, wherein the same alleged pirates demanded money from producers and threatened to leak the pirated version if their demands were not fulfilled.

Game Changer is directed by Shankar and stars Ram Charan, Kiara Advani, and SJ Suryah. The film has also been released in Tamil, Kannada, and Malayalam.

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