iMining Technologies has purchased land in the Manhattan District inside the Decentraland Metaverse and has launched its headquarters.
Vancouver, British Columbia--(Newsfile Corp. - March 17, 2022) - iMining Technologies Inc. (TSXV: IMIN) (the "Company" or "iMining") a publicly traded Web3.0 company, through its wholly owned subsidiary Metaverse Advisory Group ("MAG") has secured two land parcels in the Decentraland metaverse. iMining also retained MAG to develop its headquarters and is pleased to announce the completion of iMining.com Towers, a virtual office in Decentraland's Manhattan district, located just West of the Decentraland Signage (also known as the Hollywood Sign). iMining.com Tower is the only location which has received a Point of Interest ("POI") in the Manhattan District within the Decentraland Metaverse with overwhelming votes of 800,000 VP.
iMining Technologies and all its wholly owned subsidiaries will have their virtual headquarters located inside the iMining.com Tower. The two land parcels together provide a capability of developing an equivalent of more than 50,000 square feet of usable office space. The iMining.com Tower is located within the Manhattan District inside the Decentraland metaverse, which has a fully developed road infrastructure resulting in premium land prices compared to other areas in Decentraland. In addition to using the iMining Tower as virtual office space, the Tower will be used to generate additional revenue for the Company by (1) leasing a portion of the property to other individuals and institutions who want exposure to the metaverse; (2) placing advertising and other billboards; and (3) event space rental.
"Any work will need to have a digital component in the metaverse but it doesn't mean that everyone has to be a computer engineer. Companies such as Zoom have transformed remote working but the development of metaverse will be a game changer," said Khurram Shroff, the Chairman, President and CEO of iMining...