Decentraland is playing host to six-figure deals as architects begin to embrace the metaverse

2021-12-13T18:55:00-05:00

As part of the design community’s incorporation of talent into the nascent, ever-growing world of blockchain technology and digital architecture, more spaces are cropping up that have the potential to do outsized business opportunities with ramifications in the metaverse and beyond.

One of those spaces is the relatively new Decentraland, a 22-month-old 3D platform that currently plays host to over 90,000 parcels of land subdivided into individual 9-square-mile plots which can command prices as high as $2.43 million as the cost of digital land has boomed in unison with the rise of NFTs.

Metapurse HQ. Image courtesy Voxel Architects.

Thus far, Decentraland has featured some headline-grabbing projects, including a functional digital twin of the auction house Sotheby’s London headquarters. The display of NFT art has become one of the most predominant forms of building in the metaverse, followed by gaming, retail, and other forms of entertainment like blockchain casinos that have users li...

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Decentraland is playing host to six-figure deals as architects begin to embrace the metaverse