Digital asset bank Sygnum is opening a metaverse hub later this month to showcase its Web3 product innovations and provide an entry point for investors into the emerging crypto-powered metaverse economy. The Swiss crypto bank will officially launch the ‘Decentraland hub’ during a livestream event, taking place within the virtual hub itself, on Tuesday 27 September 2022. To attend the event, visitors visit Decentraland to be directly transported into the virtual Sygnum Bank hub. No specialised software is required, with setup and entry said to take minutes. Sygnum will use Decentraland as its Web3 portal to the emerging metaverse economy and is located in Decentraland’s self-proclaimed virtual equivalent of New York Times Square.
Sygnum's virtual hubcontains a lobby complete with a CryptoPunkr eceptionist, an interactive NFT gallery and an exhibition hall for future launches and events. The featured receptionist is based on CryptoPunk #6808, a blue-chip NFT that the bank tokenised in December 2021. The 3D world Decentraland officially opened its virtual doors to the public in February 2020 and has since hosted a range of high-profile events. Metaverse Fashion Week hosted a range of world-renowned luxury brands, including Dolce & Gabbana, Hogan and Paco Rabanne within Decentraland in March 2022. This metaverse world leverages a cryptocurrency known as MANA to enable the purchase of virtual land, goods and services.