Nov 30, 2021

Republic Realm Completes Largest Ever Metaverse Land Acquisition, $4.28 Million USD


Intends to Develop the Virtual Real Estate in Partnership with Atari


November 30th, 2021 — Republic Realm, one of the most active developers of metaverse real estate, announced the completion of the largest ever land acquisition in the Sandbox, a transaction with a total value in excess of $4.2 million USD. Republic Realm acquired 792 parcels of land in the Sandbox metaverse, marking the largest virtual real estate transaction ever recorded. The transaction represents over 7.9 million square meters of game area, the equivalent of 3 square miles or 1,200 city blocks. Included in the purchase is one of the largest and most central plots in the Sandbox metaverse, a 24 x 24 parcel estate. Republic Realm acquired the digital real estate from Atari, with whom they will co-develop some of the land.

"Republic Realm is excited to co-develop digital real estate with Atari, one of the most iconic gaming brands, in the Sandbox, one of the most exciting metaverse platforms in existence today,” said Janine Yorio Managing Director, Republic Realm. “The prospect of introducing younger generations, Gen Z and Gen Alpha, to this beloved brand in the Sandbox, a voxelated gaming environment that resembles Minecraft, the world’s most popular video game, is both a privilege and an enormous opportunity.”

Republic Realm manages a diversified portfolio of digital real estate NFTs across many metaverses and develops land in ways designed to enhance value and also foster community-building. Its most notable projects include developing Metajuku, the first metaverse shopping mall with retail tenants and leases, and building Fantasy Islands, a luxury limited-edition real estate development of 100 private islands which currently trade for more than $300,000 each and have a total market cap in excess of $30 million.

About Republic Realm:

Republic Realm is one of the most active investors in and developers of the metaverse real

estate ecosystem with the mission to become the leading and most trusted metaverse & NFT

innovation and investment platform by building or buying companies to grow. Republic Realm

invests in, manages, and develops assets including NFTs, virtual real estate, metaverse

platforms, gaming, and infrastructure and currently has holdings in 19 metaverse platforms, has

developed six metaverse real estate projects, and owns over 2,500 NFTs.