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Sky’s the Limit at Decentraland for Metaverse Investors

Stockhouse Editorial
2 Comments| February 23, 2022

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(Image via Metaverse Architects.)

A publicly traded company that invests in Web3 crypto assets and builds businesses linked to the Metaverse, NFTs and Play-to-Earn Gaming, announced this week that it had acquired a stake in a 3D Modeling and Game Development studio for the Metaverse.

Through its subsidiary, Metaverse Group, Tokens.com Corp. (NEO: COIN, Forum) has signed a letter of intent to acquire 20% ownership interest in Metaverse Architects.

A 3D design and architecture studio for the blockchain virtual world known as Decentraland and the sandbox, Metaverse Architects, develops immersion-focused use cases for brands and digital land owners in the Metaverse.

With their slogan “If you can think it, we can build it!”, Metaverse Architects is game to push the boundaries of what is possible in Metaverse worlds, and work with a number of partners to develop new, cutting-edge use cases for brands which wish to expand their presence into the Metaverse.

Tokens.com CEO and Executive Chairman of Metaverse Group, Andrew Kiguel said in a news release that combining forces with Metaverse Architects, will put the whole operation in lead of the Metaverse. This partnership is expected to allow Metaverse Group to provide a host of services to Tokens’ clients including events, NFT design and drops, as well as architecture design and services.

“We're excited to enhance the scope of what we offer with such a strong team to become a one-stop shop for all Metaverse needs.”

On Wednesday, Tokens announced that its Tokens.com Tower, a virtual office and event space in Decentraland’s Crypto Valley, was complete thanks to the work done by Metaverse Architects. The Tower will be used to host future crypto conferences and offer office rental spaces to companies looking for a presence in the Metaverse.

The transaction is expected to close in March 2022.


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