The Digital Currency Group (DCG) has cooperated with Jamestown to bring the Times to Decentraland as part of its One Times Square New Year’s Eve party, which begins at 11:00 PM 31st.
Jamestown is the owner of the real-life Times Square building. This building is a 26-square-foot structure based at the core of Times Square, and will be one of the different virtual activity as portion of MetaFest 2022 Decentraland.
MetaFest 2022 will be the same virtual of Time Square’s New Year’s Eve Ball Drop. The event will show NFT art galleries, entertainment and also music.
Likewise, virtual billboards will broadcast the real-life Times Square, linking physical to digital versions. Users can participate in the virtual New Year’s celebrations by registering in Decentraland and acquiring the next coordinates: (-106, -119).
Because of the epidemic, Times Square was forced to limit the number of participants in New Year celebrations. Thus, Jamestown sees enormous potential in virtual real estate, and it has numerous of uses. Besides, President of Jamestown, Michael Philips, said the following about the metaverse:
“While physical real estate is largely limited to people with geographical proximity, the metaverse can provide people all over the world meaningful entry to places via attractive virtual experiences”.