$COIN’s subsidiary, the Metaverse Group, has just announced a partnership with Decentraland to host the very first virtual fashion week alongside UNXD. The lease agreement allows Decentraland to develop Metaverse Group’s 116 parcel estate in the Fashion District, purchased in November 2021, with virtual towers, fashion tents and runways in preparation for the event. The event on March 24-27, it's expected to attract some of the biggest names in the fashion industry. And with the Tokens.com Tower to be completed this year in Decentraland, they'll be able to fully unlock the value of the virtual land through events, leases, and rentals.
https://ca.finance.yahoo.com/news/tokens-com-host-decentraland-fashion-134900724.html
This recent lease agreement has only solidified $COIN’s ability to strategically position themselves for the future. The revenues from their virtual land ownership will only grow from here, which provides an additional stream of income going into 2022. A recent WSJ video featured Andrew Kiguel, who explained why metaverse investments are becoming very attractive
Worth a watch: https://www.wsj.com/video/series/current-features/investors-buy-up-metaverse-real-estate-in-virtual-land-boom/9620D8C3-3B38-48F7-9019-5C20F52D68CB
$COIN is one of my favourite companies in the metaverse right now. Their diversified mix of investments from virtual land to staked cryptocurrencies is solidifying their position as a leader in the space. With the recent growth coupled with today’s selloff, a pretty attractive entry point is beginning to show here. GLTA!