Paris Hilton, Times Square and ETF

After the announcement Facebook’s parent company will rebrand In the process of transforming to Metaverse, many projects have begun to enter similar initiatives in virtual space, from buying real estate to testing the limits of what the universe can provide.

NYE virtual drop

Decentraland, the virtual reality world based on Ethereum, announced on Wednesday that the New Year’s Eve celebrations will be held on the Meta’s Day.The Gray Owner Digital Currency Group has cooperating A virtual Times Square, an iconic location in New York City, was created in collaboration with the real estate company Jamestown. A huge ball fell on the flagpole and stopped at midnight to mark the beginning of the new year. The virtual event starting at 11:00 PM EST will feature live broadcasts of real Times Square and encrypted art galleries, games, and virtual parties.

Simon Koster, Head of Real Estate of Digital Currency Group, said: “Meta Universe is developing rapidly, bringing together the most interesting and fascinating parts of our favorite parts of the world.” “This event highlighted. How to closely integrate virtual activities with real activities, and strive to bring a once-in-a-lifetime experience to many people who would otherwise not be able to participate.”

Times Square in Yuanjie. Source: Decentraland

Celebrities use space

Reality TV star Paris Hilton has plans for the New Year’s Eve party, which involves Metaverse-these plans are (in fact) away from the hustle and bustle of Times Square. Roblox, the gaming platform, is home to a virtual island called Paris World, where the socialite will play an electronic set for virtual customers on December 31st. Hilton, which has millions of followers on social media, may attract a considerable number of virtual people.

Due to the increase in COVID-19 cases in the United States and around the world, it is not clear how many people will participate in Metaverse events instead of celebrating the New Year in person.Last week, New York City Mayor Bill De Blasio Announce The New Year’s Eve event in Times Square will be limited to 15,000 people — usually 58,000 people — everyone must wear a mask and present a vaccination certificate.

Exchange Traded Funds Going to Yuan

At least three companies in the United States and Canada have launched or plan to launch exchange-traded products, and these products have contacts with related companies in Metaverse.

In November, Evolve Funds Group and Horizons ETFs Management Listed They are in the Metaverse Exchange Traded Fund (ETF) of the Toronto Stock Exchange, the latter track Performance of Solactive Metaverse Subject Index (SOMETAV). The index includes technology companies Apple and Nvidia, as well as social media giant Meta. Since its launch on November 29, the shares of this offering have fallen by approximately 5% and 3%, respectively.

related: The vice president said that it will take 6 years for the Baidu Yuanjie app to be fully launched

However, in the United States, the first company Successfully launched ETF Exposure to Bitcoin (Bitcoin) Futures has begun to study the meta universe in depth.U.S. Securities and Exchange Commission filing on Tuesday show ProShares Plans to launch an ETF focused on Yuan Festival Track SOMETAV. The US Securities and Exchange Commission has not yet approved the issuance.