Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Virtual partygoers will be able to enjoy an Ibiza club experience in a metaverse thanks to a partnership between Decentral Games and veteran club Amnesia.
The coronavirus pandemic has boosted the virtual entertainment industry and provided an opening for blockchain-based ventures to tie leisure to the expanding market for nonfungible tokens. Â
On Monday, community-owned metaverse casino Decentral Games and veteran Ibiza club Amnesia announced their new partnership and launch of two virtual Amnesia dancefloors, dubbed âAmnesia Experienceâ and âAmnesia Hype.âÂ
The partners expect they will generate considerable revenue this year from the venture largely from ticket sales, NFTs and advertising. Each will take 45% of the earnings, allocating the remaining 10% to an unnamed event organizer, with whom negotiations are ongoing.
Ibiza clubbing without Ibiza taps into a trend that has brought other monetizable leisure, including casinos and gaming, into the virtual realm.Â
Decentral Games has plans to offer partygoers real-time music events featuring live streams from celebrity DJs. It will, meanwhile, pitch the virtual dance floor as an attractive online site for advertisers to lease and also launch an Amnesia merchandise store within the club selling NFTs tied to electronic music, DJ autographs and in-game accessories tailored to the metaverse. Decentral Games founder and CEO Miles Anthony said, âThereâs a shift in how people attend music events these days,â noting:
âWe have seen an increase in individuals joining our Decentral Games community when we held our recent event featuring DJ NIGHTMREâs live performance. Our next event for the launch of our [...] Atari-themed casino featuring platinum-selling DJ Dillon Francisâ live performance is expected to break the record number of users.â
A full line-up of DJs and featured artists is expected to be announced in the future, with whom DG token holders will be granted âmeet and greet opportunities.â Decentralandâs native token, MANA, is currently up almost 9% on the day, according to CoinMarketCap, trading at around $1.20. Following last monthâs news of the ventureâs partnership with popular game manufacturer Atari, MANA had climbed over 30% in value.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.