Kiguel’s $2.5 million investment in space at Decentraland, one of the largest developed land in the metaverse, sets the stage for commerce of all types. Kiguel is confident that his investment will pay off in the long run. As millions, and perhaps billions, of people join in on the metaverse, he plans to host a lavish fashion show on 24th to the 27th of March, highlighting premiere fashion brands that could include Gucci, Burberry, and Louis Vuitton. There will be avatar models, catwalks, pop-up shops, and pre and post parties.
His company may sell advertising to these other brands and try other means to monetize his real estate holdings..../
Kiguel is also excited about the growing rise of play-to-earn games that are powered by cryptocurrencies. Gaming worlds like Axie Infinity enables and empowers people to make money from playing games. Many of these gamers never even had a bank account, and now they’re earning more money than they ever imagined. ...
See the full story here: https://www.forbes.com/sites/jackkelly/2022/01/23/the-metaverse-is-the-web3-wave-that-democratizes-buying-and-building-real-estate-hosting-fashion-shows-and-monetizing-video-gaming/?sh=480e7643751f