Described as a tropical modern estate, the luxury home is now open for viewings, both in the real world in Miami and virtually in the Sandbox—in the “first-ever open-house in the metaverse”
Meta Residence One, the world’s first real-life NFT mansion, is now on the market for US$13 million.
The seven-bedroom, nine-bathroom luxury home, which sits on a 47,480 sq ft lot and has 8,263 sq ft of interior space, is located in the coveted Miami suburb of Pinecrest, while its 1:1 virtual equivalent is in the Sandbox in the metaverse. The properties are for sale on the blockchain through a live auction via Miami-based One Sotheby’s International Realty, which will begin on April 19. The winning bidder will have ownership rights to both the brick-and-mortar home and its virtual counterpart.
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The project, unveiled in early 2022, is the first of its kind in the world. It is a joint venture between One Sotheby’s and NFT firm Meta Residence, also Miami-based; along with virtual reality specialists Voxel Architects, which is based in Madeira.
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