A new deal made Metaverse history. A research firm has paid $5 million for multiple properties in a relatively unknown Metaverse.
Financial publishing company Curzio Research announced it has purchased a massive chunk of virtual land in a metaverse called TCG World . The company spent a whopping $5 million on the purchase. The deal surpassed the previous record holder, who paid $4.3 million for a property in the sandbox .
The metaverse called TCG World is rather unknown. That didn't seem to deter the buyer of the virtual land, Curzio Research. The Company secured 19 commercial lots in the Metaverse from TCG. The $5 million purchase consists of 12 city lots measuring 128m x 128m and 7 city lots measuring 256m x 256m.
Biggest virtual land sale ever
According to Curzio Research, this is the largest virtual land sale to date . In return, TCG will receive cash and Curzio Research security tokens. The tokens represent the shares in the company.
Frank Curzio is the founder of Curzio Research. “ The Metaverse is what the internet was meant to be. A decentralized, free place where individuals have the freedom to create and own their digital content. When we researched the possibilities, TCG had all the elements to create a true open metaverse. These include gamification, entertainment, social and commerce. TCG's low fees incentivize innovation for users and developers. We are excited to be part of this growth-enabling model in an industry that has incredible upside potential."
Curzio Research has chosen to locate in the Asia region of TCG World. Here the company wants to set up its headquarters near WallStreetBets. Curzio VIP members can meet here with other investors. Members can also attend a variety of live events, listen to the exclusive Wall Street Unplugged Podcast, attend educational seminars, and build an investment community.
Curzio plans to complete its Research Headquarters for the official launch of TCG World. This is expected to be the case in September 2022.
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