JPMorgan opened a department in the Decentraland metaverse

JPMorgan opened a department in the Decentraland metaverse

JPMorgan became the first bank in the virtual world of Decentraland with a lounge area for clients.

The largest US bank was the first to offer its services in the metaverse. The bank opened an Onyx salon in the virtual world. 

According to bankers, “metanomics” is actively developing, and the number of its users is growing rapidly. The market for virtual plots of land is also taking off. Over the past year, their prices have doubled. 

According to the bank's experts, the virtual real estate market will soon need additional services, just like in our reality. Lease and rental agreements, mortgage loans and real estate services - all this will be in demand in the new virtual world. At the same time, the niche of traditional financial intermediaries can be occupied by decentralized autonomous organizations (DAO).

Photos of a virtual bank have already appeared on the Internet. Guests will be greeted by a friendly tiger, and on the wall will be a photo of bank boss Jamie Dimon.

Large companies are already exploring new space. Samsung has already opened its first store in Decentraland. And the island nation of Barbados announced the opening of an embassy for the metaverse.  

Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies

You May Also Like

162022-03-05

eBay will start accepting cryptocurrency. Why does the company need this?

The American trading platform eBay plans to start accepting payments for its goods in cryptocurrency - perhaps this will be announced as early as March 10. What benefits does she see from this and what other companies are interested in cryptocurrency in this regard?

Interesting
8272021-04-08

Top 3 Crypto Casinos that Are Booming during Covid-19

For a long time before coronavirus has quickly spread across the planet, the online gambling sphere has already become a common occurrence and was growing rapidly.

Interesting

Latest articles from Interesting category