GGtoor could have built its new stadium anywhere.
As one of the fastest-growing companies in the eSports market, GGtoor hosts massive online gaming tournaments that attract thousands of players and spectators.
On June 14, the company announced a new record-breaking deal. Instead of going with established metaverses like Decentraland or The Sandbox, GGtoor is spending $102.3 million to purchase 4,144 unique properties in the TCG World metaverse.
The purchase shattered our previous record for a metaverse land deal of $5 million worth of TCG World real estate.
Frank didn’t expect the record to hold for long… and he was right.
As you probably know, the metaverse is one of the biggest long-term trends in the tech space. It has the potential to upend entire sectors, including retail, entertainment, and gaming.
As Frank has pointed out, “The metaverse is what the internet was supposed to be.” And companies buying metaverse real estate stand to make massive profits from these assets.
While Decentraland and The Sandbox are the current leaders in the space… TCG World has a chance to become one of the long-term winners.
As I mentioned above, GGtoor could have picked one of these more established names for its new stadium. But it went with TCG World because of its amazing graphics, gaming experience, and the ability for users to earn money from creating and developing their own content.
The TCG World metaverse is a massive blockchain-based, interactive world. As you might know, blockchain technology is a way of recording all transactions that happen in an ecosystem. Think of it as a giant receipt that lets everyone verify ownership and transact with each other.
Most importantly, the blockchain allows you to own all of your content, including specific characters and items in the metaverse.
Like other metaverses, TCG World blends reality, virtual reality (VR), augmented reality (AR), and gaming. Users can build out their property… play their character/avatar… and experience just about anything you can think of in a massive online universe.
I’m talking about driving cars, building cities, flying dragons (yes dragons), and even starting businesses within the metaverse to earn money.
An important feature of TCG World’s metaverse is it allows users to own—and profit from—their created content. You see, everything in TCG World is also an NFT (non-fungible token). NFTs are unique assets that can be created and verified on the blockchain which can be bought and sold for profit. These can be anything from digital art, real estate, pets, clothes, vehicles, and much more.
For example, individuals can create skins (character clothes), billboards, shopping centers, and just about anything else you can think of. And since you own anything you create, you have the ability to profit by selling your content (as an NFT).
The gaming format within the TCG World is key. Its competitors, Decentraland and The Sandbox, are virtual worlds allowing users to explore and create NFTs as well as buy/sell NFTs.
A huge difference between TCG World and its competitors is that in the TCG World metaverse, not only can you create NFTs, you can actually use them…
For example, in Decentraland, you can create the car of your dreams. You can view it, customize it, and sell it. But in TCG World, you can drive it. You can explore virtual worlds… or race around a track, like you would in an arcade/video game. You can build a casino and actually play table games.
The ability to build, use, and capitalize on NFTs in the TCG World is what separates it from all other metaverses. That’s why we’re seeing record multimillion-dollar deals to buy TCG World real estate.
Plus, TCG World’s graphics are second-to-none… and will only get better as technology advances.
GGtoor’s TCG World properties will be used to create GGtoorCity, which will include a massive eSports stadium with giant jumbo screens outside for tailgating and to let spectators watch competitions. It will also include a huge indoor seating area with a concert-like atmosphere.
GGtoor’s core business model is hosting online gaming tournaments. Gamers from all over the world join tournaments held by GGtoor to play Clash of Clans, League of Legends, Pokemon Unite, Smash Bros. Ultimate, and many more.
From its inception in 2020 through the end of 2021 (two years), GGtoor grew its registered player base to 40,432. That number jumped to over 60,000 (over 50% increase) last year… and continues to grow on a weekly basis.
In 2020, GGtoor held 16 tournaments. In 2021 it held 121. That’s an increase of over 650%. And this year, it’s already held 122 tournaments so far.
You can check out the trailer for GGtoorCity here.
TCG World won’t officially launch until fall. But it will continue to attract massive brands as it builds out its metaverse. Its incredible graphics, and freedom to build, use, and profit from content is a huge opportunity for developers and early investors.
That’s why brands like Wall Street Bets, Greed (music NFTs), Valor Coin (cage fighter Ken Shamrock’s combat sports NFTs), and we here at Curzio Research, are purchasing land and building company headquarters in TCG World.
Millions of dollars are flowing into the metaverse… So don’t be surprised to see more record-breaking announcements in the coming weeks.