Philipp Plein Acquires $1.4 Million-Worth Real Estate in the Metaverse

Plein Group acquired space in the Decentraland metaverse, a 3D virtual reality platform powered by blockchain Ethereum. The plot, called Square Plaza, is said to be in an excellent location directly overlooking one of Genesis Plazas, is bounded and accessible from two streets, and consists of 65 Decentraland plots, equivalent to approximately 176,528 square feet in the real world.

Plein said he was proud to “take this opportunity to own a part of the Metaverse very early in the development and construction of this new universe.”

Read here to know more: https://wwd.com/fashion-news/fashion-scoops/philipp-plein-buys-real-estate-metaverse-1235063658/

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