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Jamestown puts down $500 million to bring the Metaverse to NY Times Square

3 years ago
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In a bid to blur the traces between the actual world and the Metaverse, Jamestown is investing $500 million with the aim of bringing the Decentraland digital expertise to the busiest place on earth – New York’s Instances Sq..

The funding itself locations a higher give attention to a combination of digital and augmented actuality installations on the New York Skyscraper. This redevelopment additionally contains the creation of a viewing platform, a six-floor museum expertise, and a brand new subway entrance to actually transport pedestrians into the metaverse.

Whereas it sounds out of step with the vast majority of corporations – which place an emphasis on digital publicity, Jamestown’s transfer isn’t so uncommon. Instances Sq. stays one in all, if not the, greatest vacationer and enterprise hot-spot. Bringing the metaverse there can be one of many greatest ads for it in the actual world.

“We designed the metaverse and digital expertise, which we are going to now construct on [the building]which I feel is the actually compelling piece of how bodily actual property appears with the expertise that’s now out there within the digital world.”

Jamestown President Michael Phillips – interview with Industrial Observer



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