Millennium Hotels and Resorts of Singaporean billionaire Kwek Leng Beng purchased a land in Decentraland. Also, the Regal Hotels Group of the Hong Kong billionaire Lo family got a land in The Sandbox. Purchasing land in the blockchain gaming platforms, the Singaporean Billionaires take their first step into the metaverse.
Singaporean Billionaire Kwek Buying Land in Decentraland
Millennium Hotels and Resorts is a hospitality brand under Kwek’s City Developments. On Wednesday, the hospitality brand announced the launch of a hotel in Decentraland, one of the most popular metaverse worlds.
“As we look to the future, we need to look beyond the traditional model of hospitality and engage our guests through new immersive experiences,” said Kwek, executive chairman of City Developments. “We hope to redefine hospitality through M Social Decentraland by creating online adventures that integrate with real-life…