Owners of both the Millennium Hotels and Resorts and the Regal Hotels Group purchased land in gaming platforms. The Singaporean Billionaires are entering the new universe with Decentraland and The Sandbox as their first stop.
Singaporean Billionaires Buy Land in a Virtual World
Kwek, the executive chairman of City Developments, spoke about how they are looking to redefine hospitality. They said that “We hope to redefine hospitality through M Social Decentraland by creating online adventures that seamlessly integrate with real-life events.”
Millennium Hotels is partnering with links to the metaverse. In addition, they plan on using it for specific occasions, like Valentine’s Day and New Year.
Regal Hotels Group and Resorts Buying Land in The Sandbox
Regal Hotels Group has created a new “green metropolis” in Singaporean land. This phrase indicates that the future city, called MetaGreen, is going to be environmentally friendly and will promote green living.
New technology will not only disrupt your daily life but help create a sustainable future. “The MetaGreen project aims to inspire, educate, and catalyze a more sustainable future by mobilizing like-minded partners.”