Will you spend your NYE in the metaverse? Decentraland and Paris Hilton plan competing virtual New Year's Eve celebrations for those looking to avoid the hustle and bustle.
in a shift towards the Metaverse, many projects have started similar initiatives entering the virtual space, from buying property to testing the limits of what this universe has to offer.The Ethereum-based virtual reality world Decentraland announced on Wednesday that a New Year’s Eve celebration would be taking place in the Metaverse.
“The metaverse is quickly evolving to bring together the most interesting and alluring parts of our favorite physical places around the world,” said Simon Koster, the Digital Currency Group’s head of real estate. “This event highlights how virtual events can cohesively integrate with real ones in an effort to bring once-in-a-lifetime experiences to so many that would have never been able to participate otherwise.
It’s unclear how many people will be attending Metaverse events as opposed to celebrating the new year in person due to the rise in COVID-19 cases in the United States and worldwide. Last week, New York City Mayor Bill de Blasio the New Year's Eve events in Times Square would be limited to 15,000 people — there are usually 58,000 in attendance — with everyone required to wear masks and show proof of vaccination.At least three companies in the United States and Canada have launched or plan to launch exchange-traded products with exposure to metaverse-related firms.
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