Curzio Research, a financial publishing firm has spent a staggering $5 million to purchase a series of commercial real estate properties in the metaverse platform TCG World in the largest metaverse real estate deal ever made.
The 19 parcels of land will partially be used to build a virtual HQ for the company and will be based in the Asia region of TCG World, near WallStreetBets.
The firm hopes to build a virtual investment community with members that are able to meet with other financiers, attend live events, conferences and educational seminars in the HQ.
Frank Curzio, founder of Curzio Research said, “The metaverse is what the internet was supposed to be. A decentralised, permissionless place where individuals have the freedom to create and own their digital content.
“When researching the options, TCG World had all the elements – gamification, entertainment, social, and commerce – to create a true open metaverse. And its low fee structure incentivises innovation for users and developers. We’re happy to be part of this pro-growth model in an industry that has incredible upside potential.”
Curzio Research headquarters are expected to open just in time for the TCG World official launch in September 2022.
Since it came into existence in 2021, TCG World has been pre-selling land in anticipation of its planned unveiling later this year. It remains the largest open-world metaverse on the Binance Smart Chain occupying over 800km2 of virtual land.