.HSBC acquires a virtual real estate in metaverse of TheSandboxGame
enter the Metaverse
. In February, JP Morgan opened a virtual lounge in the Decentraland Metaverse. The US banking conglomerate featured a portrait of its chief Jamie Dimon in its new digital lounge located in a virtual shopping mall. Prior to taking that step, the bank released a report about new vast opportunities that are opening in the Metaverse now.
The report stated that an annual amount of funds spent on digital goods totals a whopping $54 billion – twice more than is spent on purchasing music online. Users in the Metaverse can buy land, play games, choose an avatar to walk in there, interact with friend, etc. HSBC hopes to create new brand experiences for both its current and potential clients in the online world.
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