A developer in NYC purchased the first-ever non-fungible token (NFT) Office building in New York City. "Located" at 44 West 37th Street, the 4700 square meters NFT serves as an immutable digital asset that points to transforming how we design, build, operate, and monetize our spaces with only "one-click". The 16-story building was created by spatial intelligence company Integrated Projects and questions the function of architecture in Real Estate and the Metaverse.
MetaMundo has launched its second three-dimensional NFT, an ocean-adjacent villa, complete with an NFT gallery, meditation pavilions, and entertaining areas. The structure was designed by American architect and hybrid-creative Luis Fernandez to become an immersive space for meeting, playing, and relaxing. Through this project, the architect aims to explore the changing paradigm of building in the metaverse. As laws of physics become irrelevant and materials are reduced to surface images, he asks the question what will architecture mean for the metaverse, how will we experience it and how will we use it?
