One World Universe to Add Its 1st Metaverse Real Estate Properties Within the Decentraland 3D Virtual Platform
One World Universe, Inc. (OTC: OWUV) announces the acquisition of three strategically located LAND parcels in Decentraland's fashion district. This move aligns with the growing trend of fashion brands entering the metaverse as a new revenue stream, particularly after recent shifts in consumer purchasing habits due to the COVID pandemic. The company plans to develop these parcels into virtual stores for designer brands, leveraging the anticipated increase in traffic from Decentraland's upcoming Fashion Week in March 2022. This emerging sector shows the metaverse's potential for significant annual revenues.
- Acquisition of three virtual land parcels in Decentraland's fashion district could lead to new revenue streams.
- Anticipated increase in traffic due to Decentraland's Fashion Week event in March 2022.
- None.
The Three Connecting LAND Parcels are Strategically Located Near Decentraland’s Fashion District
HUNTINGTON BEACH, CA, Jan. 14, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – One World Universe, Inc. (OTC: OWUV), a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries and providing humanitarian efforts in over 185 countries, through its subsidiary Metaverse Holding Corp., will be purchasing 3 connecting LAND parcels in the Decentraland 3D virtual platform.
“The 3 connecting virtual land parcels are located near the highly sought-after fashion district. As we know in real estate it's all about timing and location, location, location and many fashions branded companies are gravitating to the metaverse as a welcomed new revenue stream and a breath of fresh air to dying consumer sales. With the COVID epidemic the last few years, the workforce has shifted to ‘work from home’ and social events, traveling and gatherings have been disrupted also, causing individuals to buy less new clothing. Metaverse wearables or ‘skins’ have opened up huge opportunities for designer labels to market virtual clothing for users’ avatars. The upcoming fashion week in late March will have big named fashion companies bringing huge awareness to the metavers and increased traffic around our newly purchased real estate,” stated Dana Salzarulo, Director of IR for OWUV.
The company plans on developing the parcels and creating stores in collaboration with or for companies that wish to market their designer brand and market their product line. A 3D shopping experience will be created as Decentraland offers a different Metaverse experience than the Sandbox’s who’s metaverse is voxelart, or pixel-like blocks.
Built on the Ethereum blockchain, Decentraland is a decentralised virtual world software where virtual plots of lands, products and goods can be bought and sold using their native (MANA) token. People can create their own micro-worlds with virtual trees, aircraft and much more. Cryptocurrency asset management firm Grayscale last month said the metaverse has the potential to become a
Digital clothing from Ralph Lauren and Gucci have been featured on avatars through separate partnerships with avatar app Zepeto, Asia's largest fashion virtual platform with nearly a quarter of a billion users, according to the BBC.
Meanwhile, Decentraland's burgeoning Fashion District grabbed attention in recent weeks after a company paid the equivalent of
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About One World Universe, Inc.
One World Universe (OTC:OWUV) is a California corporation whose mission driven business is implementing global humanitarian efforts through the profits generated from the sales of products and services to improve people's lives living in the harshest environments and their communities. Our company has contributed valuable resources such as access to (PPE) personal protective equipment, medications, vaccines, and educational support programs where play and basic necessities are essential.
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Investor Relations Contact
Dana Salzarulo
Director Investor Relations
Info@jcholdingcorp.com
1-833-333-5242 Office
FAQ
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