Owner of Prestige Realty Group in Miami will invest in the metaverse
Investing in metaverse assets is a trend and there are several experts who remain focused on supporting these trends, and now another luxury broker is jumping into the business of selling virtual mansions.
This is Tony Rodríguez-Tellaheche, owner of Miami-based Prestige Realty Group, who confirmed to The Real Deal that he will handle some listings for a cryptocurrency startup that wants to sell 8.888 digital luxury homes in the metaverse.
Rodriguez-Tellaheche has partnered with Vancouver-based Keys Token, which launched its digital currency last month, trading at an opening price of roughly 0,002 cents. The price of the token peaked at about 30 cents and has since dropped to 10 cents, according to various cryptocurrency trading websites such as Coin Market Cap and Coin Gecko. Keys Token has also self-reported a market capitalization of $109,6 million, according to the Coin Gecko listing.
That's roughly the same dollar amount for virtual land sold on metaverse platforms The Sandbox, Decentraland, CryptoVoxels, and Somnium Space during the last week of November, including $450,000 worth of crypto that a buyer left behind in a virtual plot next to a Exact digital replica of rapper Snoop Dogg's California mansion, according to media reports.
Of course, the mansions can only be bought by people who own Keys Tokens. The firm has produced one billion coins that will rise in value when investors use Keys Tokens to make deals in the metaverse and in real life, according to a press release. The company plans to charge a 3 percent fee on every Keys Token transaction.
Author: Luis Morales 6:01 pm