The plot is located in the "Fashion Street" ("Fashion Street") of Decentraland and will be used for virtual fashion shows and for the sale of clothes for avatars.
Half an acre in the virtual world Decentraland was sold for $ 2,4 million in cryptocurrency, the largest amount ever given for virtual property.
Decentraland is a virtual XNUMXD space - or metaverse - where users can buy land, visit buildings, walk and meet other users' avatars.
Virtual environments of this kind have become more popular this year than ever as the pandemic has forced people to stay indoors and spend more time online.
The term metaverse became widely known last month when Facebook Inc. changed its name to Meta Platforms to emphasize the development of products and services in virtual reality.
Decentraland belongs to a type of metaverse in which transactions are certified with blockchain technology used in cryptocurrencies.
Users use Decentraland's MANA cryptocurrency to purchase land in the form of NFT (Non-Fungible Token), a type of electronic certificate of authenticity and ownership.
Many people buy such land as an investment, hoping that their value will increase in the future, Reuters points out.
The sum of $ 2,4 million corresponds to the 618.000 MANA paid by the cryptocurrency investment company Tokens.com to acquire a virtual area of 565 square meters, Decentraland announced.
The plot is located in the "Fashion Street" ("Fashion Street") of Decentraland and will be used for virtual fashion shows and for the sale of clothes for avatars.
In June, another area of Decentraland was sold for 1,3 million MANA, which was then $ 900.000. The buyer has set up a virtual mall to sell digital clothing, but since then the site has remained empty, according to Reuters.
As with other cryptocurrencies, the MANA exchange rate fluctuates widely.
Since the renaming of Facebook until today, its price has increased by about 400%.
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