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KOMPAS.com – Hong Kong real estate entrepreneur Adrian Cheng announced on Thursday (9/12/2021) that he will invest and buy digital land in The Sandbox.
Reported from Forbes, Thursday (12/9/2021), The Sandbox is a subsidiary of Blockchain Gaming Unicorn.
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The game it contains allows players to create virtual worlds and trade in the Sandbox Marketplace as a non-fungible token (NFT).
Meanwhile, regarding the land acquired by Cheng, it will include an innovation center showing commercial success. Start in the Grande Baie region.
Also Read: Metaverse Increasingly In Demand, Experts Say May Interfere With Human Life
The Greater Bay Area is a new economic zone that connects Hong Kong and Macao.
This region can also be called the Great Bay region or a megalopolis made up of nine cities and two special administrative regions in southern China.
The innovation center that Chen will build virtually will also include 10 companies, including developers of diagnostic and genetic tests. prenetic, Unicorn Logistics Lalamove, brand of Casetify technological accessories for entertainment.
All of these will have ties to New World Development, a company owned by Cheng, and C Ventures, a venture capital firm that he also owns.
The aim is to provide a platform for the next generation to be empowered and continue to innovate for future progress.
“The digital world is constantly evolving and we must stay at the forefront of this change by continuing to explore and develop the metaverse,” Cheng said.
More, reported by Kompas.com, Metaverse is increasingly in demand by the public although it is still in development.
This week, New York-based digital real estate company Republic Realm announced that it has spent $ 4.3 million to buy land in The Sandbox.
Not only that, last November Tokens.com, a Canadian crypto company, bought digital land from Decentraland for US $ 2.4 million or Rs 34.5 billion.
In fact, South Korea also has plans to build the world’s first metaverse metropolis with various preparations.
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