Virtual Real Estate: Axie Infinity’s virtual land slot sells out for 550 ETH

Virtual Real Estate: Axie Infinity's virtual land slot sells out for 550 ETH

It is the greatest sum ever paid for virtual real estate, according to the game’s creators. A valuable land plot within the monster-battle fantasy nonfungible tokens, or NFTs , was sold for 550 ETH ($2.3 million) late Thursday, according to a tweet by Axie Infinity. Users command axes to duel other players, defeat foes and […]

Portugal real estate developer receives payment for luxury homes in Cardano worth $4.7M

Portugal real estate developer receives payment for luxury homes in Cardano worth $4.7M

Prometheus International, a high-end real estate developer, sold Cardano two luxurious residences on the island of Madeira for €4.1 million ($4.7 million). Madeira is a Portuguese autonomous area made up of four islands located about 430 miles off the northwest coast of Africa. It is a tourism destination for those who enjoy beaches and nature […]

The global crypto market crash was triggered by China’s real estate firm

The global crypto market crash was triggered by China's real estate firm

According to crypto-journalist Colin Wu, the Hong Kong stock market plunge which triggered the global crypto market was caused by china’s second-largest real estate firm Evergrande. The stock market in Hong Kong has crashed. The Hang Seng index in Hong Kong, in particular, fell about 7% on that day, hitting a 52-week low. According to […]

NFTs: Alibaba Participates in the Chinese Entrepreneur Festival with Real Estate

NFTs: Alibaba Participates in the Chinese Entrepreneur Festival with Real Estate

Alibaba’s Taobao Maker Festival in China has added real estate NFTs to its schedule for the first time in its six-year history. Heshan Huang, a Chinese artist, produced hundreds of virtual structures for the exhibition. Heshan Huang, a Chinese artist, collaborated with Web3Games and NEAR Protocol to develop hundreds of virtual buildings within the virtual […]