Organized by real estate firm Jamestown and crypto investment firm Digital Currency Group (DCG) in Decentraland, the Metafest 2022 is a New Year’s Eve event at the Metaverse called the Global Party. According to the announcement, Jamestown, the owner of One Times Square, will be recreating the iconic site at Decentraland for the 2022 Ball Drop.
NYE meets Metaverse
The Decentraland Metaverse is having a New Year’s Eve ball drop celebration and is hosted by real estate firm Jamestown and Digital Currency Group (DCG). According to the announcement, DCG is one of the largest landowners in Decentraland, while Jamestown owns the famous One Times Square. Simon Koster, head of real estate at DCG, explains how the digital world can intermingle with the real world.
“The Metaverse is rapidly evolving to bring together the most interesting and fascinating parts of our favorite physical locations around the world,” Koster commented during the announcement. “From destinations, to gaming, education, retail and more, we can expect Metaverse to revolutionize our current online experience.” The DCG executive added:
This event highlights how virtual events can be integrated with real events in an effort to bring experiences of a lifetime to so many people who would otherwise never be able to participate.
Virtual One Times Square for Live Feeds from Entertainment Acts, Rooftop VIP Lounge, NYC
Jamestown President Michael Phillips agrees and believes the future of real estate is “a thoughtful integration of the virtual and physical worlds, optimized for user experience.” According to the announcement, the Virtual One in Decentraland will be located at Times Square Section -106, -119. The party will feature music and entertainment including a “rooftop VIP lounge”.
There will also be a live feed of the real-world Times Square Ball Drop celebration in New York. “Metaverse is an important part of the development of real estate and the built environment,” Phillips said. “While physical real estate is largely limited to people in geographic proximity, the Metaverse can provide people around the world with meaningful access to places through immersive virtual experiences.” Phillips continued:
Re-creating One Times Square in the Decentraland metaverse is part of a larger digital asset strategy to grow and enhance our physical real estate for Web 3.0 and open new avenues for our assets to exist across multiple metaverses in the future.
Socialite Paris Hilton to DJ an electronic music set at NYE in the Roblox Metaverse
DCG, Decentraland, and Jamestown aren’t the only ones throwing a New Year’s Eve (NYE) bash. Paris Hilton plans to play an electronic set of music on NYE called “Paris World” on her virtual Roblox Island.
“To me, the Metaverse is somewhere that you can do everything you can do in real life in the digital world,” Hilton said in a statement. The socialite and entrepreneur said:
Not everyone experiences it, so we’ve been working together for the past year – giving them all the inspiration I want in that world.
What do you think about the NYE Metaverse celebrations taking place in Decentraland and Roblox? Let us know what you think about this topic in the comment section below.
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