TerraZero Technologies, an integrated metaverse technology corporation, has purchased a 185-parcel of virtual real estate in the Decentraland metaverse. The parcel, which was sold by renowned Decentraland entrepreneur Carl Fravel, is valued at $2,775,000 and will be utilized to construct a large entertainment center.
Fravel’s involvement in TerraZero’s virtual creation does not end with his sale; the firm has now hired him as a strategic advisor. Fravel will contribute his knowledge in metaverse operations to TerraZero’s expanding range of products and services, including the company’s construction of a metaverse studio, which will allow it to expand even further across the Web3 ecosystem.
In terms of the future TerraZero entertainment center, the company and Fravel will collaborate to create a fully holistic and immersive hub where Decentraland users may enjoy virtual concerts, film screenings, shopping, culture, and educational events.
Fravel has since remarked on his new connection with TZ, saying, “The prospects for humanity to profit from the Metaverse are boundless, and I can’t wait to help support and build TerraZero, a firm whose vision, leadership, and ethics I have truly appreciated.” I am happy to be a significant TerraZero shareholder, and I am looking forward to seeing the Metaverse’s future unfold.”
In addition to its massive virtual land acquisition (which is one of the largest real estate sales in Decentraland history), TerraZero has acquired the leading NFT marketing platform BEAR NFT, which will help the company diversify its virtual footprint across the metaverse even further with the help of its metaverse studio.
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