Lisbon’s exclusive platform sells out sale of private island in virtual world – Mercados

Lisbon-based luxury Exclusible’s NFT (non-fungible asset) “marketplace” is also betting on real estate further afield: Metaverse. The startup said it has completed the sale of 25 private islands in The Sandbox, a virtual world where players can not only play but also own property, which in turn can be monetized.

In a statement, Exclusible explained that these sales from the 25 islands were “equivalent to 910 ETH,” which translates to $2.85 million, or about 2.5 million euros, at current exchange rates.

The list of buyers for the islands includes not only investment platform eToro, but also “Paris Saint-Germain footballer Marco Verratti, former Victoria’s Secret model Sara Sampaio, Bayern Munich’s Kingsley Koeman, tennis Athlete Ana Ivanovic and various public figures”. , Swiss tennis star Stanislas “Stan” Wawrinka or Swiss entrepreneur Dan Holzmann.

Exclusible explained that these private islands are “strategically located next to the main sandbox island” and come in different sizes and properties. The islands can be configured with options such as “heliports, private harbors, furniture or possible interior and exterior customization”.

The company detailed that the price for each island varies by size. For example, the smallest island represents 11 of the 25 islands for sale, with prices starting at 25 ETH per island — the equivalent of €66,900. The most expensive option is around 65 ETH, which equates to just over 179,000 euros.

The last private island available is limited to buyers with over a million social media followers. As the company explained to Negócios, the rule does not apply to all purchases made through the platform, but in this case, it serves a purpose. “Our goal is to have great celebrities in Metaverse and NFTs to create, deliver and create luxury experiences,” explained the company’s co-founder, noting that “big brands, celebrities and celebrities can engage in their communities to A more immersive and intimate approach,” he defends.

Regarding the fact that several of the celebrities named in the ad have no apparent direct relationship to the NFT world and metaverse to date, Thibauld stated that “even if the celebrities in our metaverse and NFT projects are not entirely related to these spaces, recognizing that future opportunities and potential”. “So they saw Exclusible as a way to enter this exciting new reality of the web3”.

Portuguese model Sara Sampaio has been mentioning Exclusible on the social network Twitter since this month, when she announced that she had purchased her first NFT through the platform on February 9. “We need more women in NFTs and virtual worlds,” he announced.

Before the private island, Exclusible had already sold dozens of luxury “villas” in Metaverse with a pre-sale price of 4 ETH, and 75 “villas” had been sold at that time. After that, the company explained that it sold another 75 “villas” in the public sale, priced at 6 ETH, which would sell out within “five hours.”

Real estate sales in virtual worlds have been surging in recent months, according to analytics firm MetaMetric Solutions. The company estimates that property sales on Metaverse’s four main platforms will reach around $501 million in 2021, and may even double in 2022.

At least in January, the company estimates they’ve hit $85 million.


Metaverse is a bet to keep going

Exclusible’s CEO and co-founder Thibault Launay explained in a statement emailed to Negócios that the company “became aware of NFTs very quickly this year. It’s sexy, but for many luxury brands, virtual worlds are even sexier. “In light of this, “Exclusible quickly invested in a ‘sandbox’ game with three 6×6 developments, with the goal of delivering the next level of experience in a virtual world” .

The Exclusible co-founder added that in addition to its presence in The Sandbox, the company is also betting on Decentraland. “Exclusible will continue its efforts in the virtual world and believe it will represent an important step in creating and conceiving luxury experiences in a fully virtual world.”

“We plan to increase our presence in Metaverse luxury and will continue to test and collaborate with other platforms to learn more about where the web3 generation wants to be and what experiences they want in their digital lives” , Thibauld explained.

Exclusible was founded last summer by a group of French and Portuguese founders. In August, the company raised €2.2 million in a seed round co-led by Indico Capital Partners, global fund White Star Capital and European specialist blockchain fund Tioga Capital. In addition to these entities, Formula E driver Antonio Félix da Costa and driver Mitch Evans also participated in the round through APEX Capital.

A few months later, in October, it launched its first collection of NFTs, “generating €2.4 million in sales and 3,000 NFTs in less than 24 hours,” the company detailed. In December, he made a bet on an NFT collection with Ali Mahdavi and American burlesque star Dita Von Teese — “two names associated with glamour and the fashion industry,” Thibauld said.

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