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Reental enters Fortnite metaverse

source-logo  en.cryptonomist.ch 25 May 2023 13:03, UTC

The Fortnite Metaverse welcomes a tokenized real estate investment company to the Fortnite Creative section: Rentaal.

The Spanish fintech startup has created its new virtual island to offer different experiences to its followers.

Summary

Reental’s new virtual island in the Fortnite metaverse

A new entry in the Fortnite metaverse has arrived: the Spanish tokenized real estate investment startup Reental.

Thanks to a partnership with StadioPlus, Reental has reached out to the video game world and then purchased its virtual island on Fortnite so it can also offer its followers new immersive experiences.

For those not yet familiar with it, Reental describes itself as the European leader in tokenized properties and the global leader of Spanish-speaking investors in this sector.

Not only that, with a community of more than 8,000 users from more than 55 countries, the Spanish fintech offers investment opportunities in different types of properties, with expected returns of more than 10% year-on-year and 24/7 liquidity.

Its entry into the Fortnite metaverse came with the creation of Inmopark, the virtual island where fans and potential customers can enjoy a different, revolutionary, gamified experience.

Metaverse: Fortnite and Reental harness the potential of virtual worlds

Spanish startup Reental appears to be tapping into the potential of the emerging metaverse market, choosing Fortnite, which has more than 25 million daily active users.

Overall, however, a Bloomberg report stated that the metaverse was worth about $63 billion in 2021 and is expected to reach $1.5 trillion by 2029.

In this regard, Eric Sanchez, CEO of Reental said:

“Immersive technologies and virtual worlds are here to stay, becoming catalysts and new channels for the most innovative brands that, like Reental, are betting on new fan engagement models. With this island, our goal is to take the experience of our followers to a new level of contact with the brand.”

Reental’s new virtual space will remain open for 30 days through code 9633-6019-8917 for all fans of the world-renowned title developed by Epic Games, which offers anyone a wide range of tools to design games and experiences.

Metaverse tokens seem to be making a comeback: the case of OVR

Taking a look at tokens in the metaverse category, there appears to be a resurgence of interest from investors, especially for OVER (OVR).

OVR has pumped 126% in the past seven days, touching $0.65 at the time of writing.

As explained above, one of the factors supporting this strong interest in OVR and the metaverse category could be related to news of Apple, which is on the verge of launching its long-awaited VR/AR visor.

In any case, Over the Reality is a metaverse built on the Ethereum and Polygon blockchains, and its OVR utility token is used to power all transactions on the OVER platform, such as buying and selling digital assets, accessing exclusive content, and participating in events in the virtual world.

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