Metaverse Land Just Sold For $1,302 (2,785 MANA) In Decentraland
Portfolio Pulse from Benzinga Insights
A virtual land NFT in Decentraland sold for $1,302, 1.30x the current floor price of 0.547 Ethereum. Interest in metaverse land has increased since Facebook's rebrand to Meta. Major brands like Adidas and Atari have bought virtual land in blockchain-based metaverses such as Decentraland and The Sandbox.
May 26, 2023 | 7:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Adidas has bought virtual land in blockchain-based metaverses, indicating the company's interest in the growing metaverse market.
Adidas' investment in virtual land shows the company's interest in the metaverse market, which could potentially lead to new revenue streams and increased brand visibility. This may have a positive impact on the stock in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Facebook's rebrand to Meta has increased investor interest in platforms building metaverses, potentially benefiting the company's stock.
Facebook's rebrand to Meta has brought attention to the metaverse market and platforms building metaverses. As a major player in this space, Facebook may see increased investor interest and a positive impact on its stock in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Atari has purchased virtual land in blockchain-based metaverses, demonstrating the company's interest in the expanding metaverse market.
Atari's investment in virtual land indicates the company's interest in the metaverse market, which could potentially lead to new revenue streams and increased brand visibility. This may have a positive impact on the stock in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50