HSBC buys virtual plot of land in the metaverse

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HSBC buys virtual plot of land in the metaverse

HSBC has become the latest financial institution to venture into the metaverse, acquiring virtual real estate in The Sandbox.

How To Buy Virtual Land & Real Estate In The Metaverse


The metaverse is promising to be the 3rd evolution of the internet, giving us a more immersive user experience. Like with the first 2 evolutions (web addresses and social media accounts), individuals and organisations want to secure their real estate in the metaverse. We are currently seeing a massive land grab, so here I explain how you buy land in the metaverse and discuss whether it is a good investment or not.

HSBC Partners With Sandbox To Enter The Metaverse


HSBC Partners With Sandbox To Enter The Metaverse

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How To Buy Land & Real Estate In The Metaverse


How To Buy Land & Real Estate In The Metaverse

We are quickly heading towards the age of the metaverse – connected, persistent virtual realities where we will live digital lives alongside our real lives. Increasingly we will use these spaces to work, play, socialize and learn – anything we can do in the real world will have a “digital twin” in the metaverse that we can interact with without leaving our homes. This includes investing and making money, and just like in the real world, one of the most popular ways to do this will be investing in property.

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HSBC Bank Enters Sandbox Metaverse And Buys Virtual Real Estate


After JP Morgan, another multinational bank HSBC has announced its entry in the metaverse.

HSBS has announced its partnership with The Sandbox virtual world to develop services in the metaverse. It has bought a plot of digital real estate for an undisclosed sum of money.

READ:
Animoca Brands’ The Sandbox welcomes HSBC into its blockchain metaverse:
https://smallcaps.com.au/animoca-brands-the-sandbox-welcomes-hsbc-blockchain-metaverse/

HSBC buys virtual plot of land in digital push:
https://www.reuters.com/business/finance/hsbc-buys-virtual-plot-land-digital-push-2022-03-17/

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