Meta Hollywood Buys Plot of Land on The Sandbox
Niko Pajkovic — July 9, 2022 — Business
References: metahollywood.io & retailcustomerexperience
Meta Hollywood, an online community for film lovers, has officially partnered with the decentralized metaverse platform The Sandbox to launch a Hollywood-inspired movie studio within the platform's virtual world. In order to build the virtual studio, Meta Hollywood purchased a plot of land in The Sandbox.
According to the company, the virtual studio will host various Hollywood-themed events and will offers guests the opportunity to visit a range of themed backlot studios, including action and horror movie sets. In addition, guests will be able to attend virtual red carpet movie premiers and stop by a movie memorabilia museum.
Currently, Meta Hollywood hasn't announced an official launch date for the new Hollywood-themed metaverse space, though consumers can expect it to go live sometime in the coming weeks.
Image Credit: Meta Hollywood
According to the company, the virtual studio will host various Hollywood-themed events and will offers guests the opportunity to visit a range of themed backlot studios, including action and horror movie sets. In addition, guests will be able to attend virtual red carpet movie premiers and stop by a movie memorabilia museum.
Currently, Meta Hollywood hasn't announced an official launch date for the new Hollywood-themed metaverse space, though consumers can expect it to go live sometime in the coming weeks.
Image Credit: Meta Hollywood
Trend Themes
1. Metaverse Movie Studios - The development of virtual movie studios within metaverse platforms provides a new frontier for the movie industry to explore.
2. Virtual Reality Events - Hosting virtual events, such as red carpet movie premieres, through metaverse platforms can provide a new way for the entertainment industry to engage with audiences.
3. Themed Backlot Studios - Creating immersive themed backlot studios within metaverse platforms can provide a unique and interactive experience for movie enthusiasts.
Industry Implications
1. Movie Production - Movie production companies can explore the opportunity to create virtual movie studios within metaverse platforms to reach new audiences and engage with fans in a more interactive way.
2. Event Planning - Event planning companies can consider utilizing metaverse platforms to host virtual events and provide a new form of entertainment for their clients.
3. Virtual Reality Technology - As the trend towards metaverse spaces grows, there is an opportunity for virtual reality technology companies to innovate and create more advanced and immersive experiences for users.
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