Yes big money coming! The CEO OF Metaverse Group who $SMURF now owns 50percent is a serial entrepreneur, Bodes well for us.
“Michael has advised on over $20.5 billion in digital asset offerings. He helped to secure over $5 billion in asset placements onto the blockchain and has worked with Fortune 500 companies and global governments. Michael was one of the first advocates for digital assets in Canada, built the first university communities for blockchains in Canada, and was the first enterprise blockchain developer that TD Bank hired. Through his initiatives, Michael has introduced digital assets to tens of thousands of people worldwide, and now he will introduce them to our audience. Welcome, Michael.”
“For us, we are keen to get exposure across the whole scope of the Metaverse, at least in this first product, and to provide investors with a full picture of the Metaverse so they don’t need to think about the world and land. It’s diversified. In the future, we intend to have more focused products on specific worlds. We are about 50% to 60% in Decentraland, 25% to 30% in Sandbox, 15% approximately in Somnium Space, and then we have a tail end of investments of a few percent.”
We’re keen to build experiences for our financial center, arts and entertainment center. We have a lot of plans for builds. During that, we are also finalizing our REIT structure to begin to accept external capital. Our portfolio is with a heavier weight in Decentraland, moderate in Sandbox, Somnium Space, and then a tail end of up-and-coming metaverses that we are bullish on.
I’m excited about Axie Infinity. Although we’re not invested in that, it has proven out the model of metaverse games and generating income through those metaverse games. Chain Games in Decentraland have also proved out the model of providing infrastructure to gaming websites.
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