Who bought land in Sandbox?

In November 2021, a report in The New York Post stated that Metaverse Group, an NFT-based metaverse real estate organisation, and a subsidiary of Tokens.com , purchased a plot of land on Decentraland for $2.43 million (roughly ₹ 18.15 crores).21 Şub 2022

Gucci has entered the metaverse, buying a plot of digital land on The Sandbox. Gucci made the announcement on Twitter, accompanied by a Discord group with 73,000 members. The luxury brand said it is expanding its online concept store to create an interactive experience.

Atari owns virtual property in both Decentraland and The Sandbox, metaverse platforms where visitors can play Atari-themed games and attend branded events, with plans to expand digital gaming opportunities across the board.11 Şub 2022

Why is LAND scarce? # Like CryptoKitties and CryptoPunks, LAND is a non-fungible digital asset . To ensure that the value of LAND parcels remains stable, the amount of land in Decentraland corresponds to the fixed, total amount of MANA.