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For occasion, Samsung bought land in Decentraland to build a digital reproduction of its flagship store, whereas Adidas hosted a metaverse fashion show on its Sandbox property. In February 2022, the corporate raised $60 million in a Collection A funding round led by Andreessen Horowtiz, with buyers together with Coinbase Ventures, Paris Hilton and Nas. Metaverse land traders are springing up; Everyrealm, formerly Republic Realm, is pouring millions into prime digital actual estate—including shopping for a single Sandbox plot for $4.3 million in November 2021—with plans to construct premium destinations in the metaverse.
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