The metaverse space is one of the fastest-growing in the cryptocurrency industry, with several projects now turning their attention to the emerging market. Justin Sun’s Tron is the latest crypto project to stamp a place in the metaverse space.
Tron, one of the top projects in the cryptocurrency space, is the latest to expand its presence in the nonfungible token (NFT) and metaverse sector. According to its latest announcement, the Tron Foundation partnered with MetaEstate, a leading digital real estate platform, to build the first-ever ecological complex.
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The ecological complex includes the Tron Foundation’s headquarters, digital art museum and convention club. Following this latest development, Tron is the third company after SpaceX and SuperRare to launch a complex in the metaverse.
According to the official announcement, the Tron complex comprises three adjacent buildings that are located on the east coast of Miami. The buildings are the Tron Headquarters, the BT Convention Club and APENFT Digital Art Museum.
The complex also houses the SUN temple located on the opposite side of the coastal landscape. The headquarters serves as a conceptual art museum, and it displays a soft artistic comprehensive output and hard capabilities.
Furthermore, the Tron Headquarters comprises three floors, including a public office area with meeting rooms, an atrium and independent offices with large outdoor terraces.
The metaverse space is expected to be a trillion-dollar sector thanks to the entry of social media giant Facebook. Other leading metaverse projects, including Decentraland and The Sandbox, have recorded massive growth over the past few months.
With the growth of the metaverse space, Tron could look to expand its presence in the market over the coming months and years. TRX, Tron’s native coin, has underperformed over the past three months. Its value is down by more than 20% over the last three months as the broader crypto market suffers huge losses.