Metaverse NYE Parties: Decentraland New Year’s Eve Bash to Recreate One Times Square, Paris Hilton to DJ in Roblox

There’s a New Year’s Eve fiesta in the metaverse called the Metafest 2022 Global Party hosted by the real estate firm Jamestown and the crypto investment firm Digital Currency Group (DCG) in Decentraland. According to the announcement, the owner of One Times Square, Jamestown will recreate the iconic site in Decentraland for the 2022 ball drop.

There’s New Year’s Eve ball drop celebration taking place in the Decentraland metaverse and it’s hosted by the real estate firm Jamestown and Digital Currency Group (DCG). According to the announcement, DCG is one of the largest land owner in Decentraland, while Jamestown owns the well known One Times Square. DCG’s head of real estate, Simon Koster, explains how the digital world can meld with the real one.
he metaverse is quickly evolving to bring together the most interesting and alluring parts of our favorite physical places around the world,” Koster remarked during the announcement. “From destinations, to gaming, education, retail and more, we can expect the metaverse to revolutionize our current online experience.” The DCG executive further added:

This event highlights how virtual events can cohesively integrate with real ones in an effort to bring once-in-a-lifetime experiences to so many that would have never been able to participate otherwise.
Michael Phillips, the president of Jamestown agrees and he believes the future of real estate is “the thoughtful integration of the virtual and physical worlds, optimized for user experience.” According to the announcement, the virtual One Times Square in Decentraland will be located at section -106, -119. The party will feature music and entertainment acts including “rooftop VIP lounges.”

There will also be live feed of the real-world Times Square ball drop celebration in New York. “The metaverse is an important part of the evolution of real estate and the built environment,” Phillips added. “Whereas physical real estate is largely limited to people with geographic proximity, the metaverse can give people around the world meaningful access to places through immersive virtual experiences.” Phillips continued:

Recreating One Times Square in the Decentraland metaverse is part of a larger digital asset strategy to evolve and enhance our physical real estate for Web 3.0 and open new pathways for our assets to exist in multiple metaverses in the future.
“For me, the metaverse is somewhere that you can do everything you can do in real life in the digital world,” Hilton said in a statement. The socialite and entrepreneur added:

Not everybody gets to experience that, so that’s what we’ve been working together on over the past year — giving them all my inspirations of what I want in that world.