Later this month, digital asset bank Sygnum will launch a metaverse portal to show off its Web3 product innovations and give investors access to the growing crypto-powered metaverse economy.
The Swiss cryptocurrency bank will officially introduce the “Decentraland hub” on Tuesday, September 27, 2022, at a livestream event that takes place inside the virtual hub. To join the event, people must go to Decentraland and enter the virtual Sygnum Bank hub. Setup and data entry should take only a few minutes and not require any special software.
Sygnum is in what Decentraland calls its virtual version of New York’s Times Square, and it will use Decentraland as its Web3 gateway to the growing economy of the metaverse.
The Sygnum virtual center has a lobby with a CryptoPunk receptionist, an interesting NFT gallery, and a place to show off new products and events that are coming up. The main image’s receptionist is based on CryptoPunk #6808, a well-known NFT that the bank turned into a token in December 2021.
In February 2020, Decentraland, a 3D virtual world, opened its doors to the public. Since then, it has been the site of many important events. Metaverse Fashion Week was held in Decentraland in March 2022. Some well-known luxury brands like Dolce & Gabbana, Hogan, and Paco Rabanne were there. In this metaverse, you can buy virtual goods, services, and land with MANA money.
Visitors can use an avatar to move around the structure and find out what Sygnum thinks will happen to money in the future. They can learn more about the bank by going to the “Sygnum Crypto Garden.” CryptoPunk #6808, who works at the bank’s front desk, can tell people more about how the bank wants to encourage innovative ways of communicating and engaging with our community.
A recent McKinsey study says that by 2030, the metaverse could be worth as much as $5 trillion. The paper says that the metaverse will be able to meet the need for better user experiences as connected devices slowly bring together the personal, digital, physical, financial, and social worlds.
“Metaverse investment is ramping up, powered by crypto-enabled retail transactions and a new generation of users completely at home with socialising, shopping and working in virtual spaces,” said Martin Burgherr, chief client officer at Sygnum. “Our new metaverse hub is the natural place to showcase Sygnum’s Web3 innovations and provide a trusted entry point for investors into the fast-growing future finance economy.”
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