South Korean technology giant Samsung has opened its first virtual store in collaboration with Ethereum-based metaverse coin project Decentraland (MANA). The announcement was made on Samsung’s official website recently. Despite the current market correction, the MANA price has been on the rise with the news. Here are the details of the partnership and price movements…
Samsung opens its virtual store in the world of Decentraland (MANA)
Samsung is opening a virtual version of its physical store “Samsung 837X” in Decentraland. The physical store is located in New York City’s Meatpacking District in Manhattan. The Samsung 837X virtual store will be open in the world of Decentraland for a limited time. In statements during the day, Samsung shared that the “837X” is “one of the largest brand land takeovers in Decentraland history.” In store, it will feature digital adventures through its “Connection Theater and the Sustainability Forest” and a musical celebration “In the Customization Phase”.
cryptocoin.com You can reach the metaverse guide that we have prepared as part 1, part-2 here.
Events
- Connectivity Theater will showcase Samsung’s news from the Consumer Electronics Show (CES), which starts on January 5 and runs until January 8.
- The Sustainability Forest will allow guests to have a legendary experience through millions of digital trees.
- Samsung also plants trees in the real world. It recently partnered with Cardano-based climate restoration platform Veritree to manage the planting of two million trees in Madagascar by the first quarter of this year.
Samsung news raises metaverse coin price by 20%
The cryptocurrency market has been struggling with corrective price movements since December. The latest drop wiped $4,000 off the price of Bitcoin within hours, with the average of the market-wide dips reaching 10%. Prior to the Samsung news, MANA was trading at $2.73. After the announcement, the price rose 20%, bringing its last 24-hour gains to 2%. The Ethereum-based metaverse is trading at $3.21 at the time of writing.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.