iMining CEO Khurram Shroff & MAG to Develop Tower in Decentraland Manhattan District | Launch Party Q2 2022

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decentraland buildings

Decentraland iMining tower will offer rental space, billboard ads, and event rental opportunities. Located in the growing Manhattan District the official launch is slated for sometime in Q2 2022. The fully developed roads will give MAG ( Metaverse Advisary Group ) the access to complete the virtual tower.

decentraland buildings

iMining Technologies has purchased land in the Manhattan District inside the Decentraland Metaverse and has launched its headquarters.

iMining Technologies Inc. IMIN (the “Company” or “iMining”) a publicly traded Web3.0 company, through its wholly owned subsidiary Metaverse Advisory Group (“MAG”) has secured two land parcels in the Decentraland metaverse. iMining also retained MAG to develop its headquarters and is pleased to announce the completion of Towers, a virtual office in Decentraland’s Manhattan district, located just West of the Decentraland Signage (also known as the Hollywood Sign). Tower is the only location which has received a Point of Interest (“POI”) in the Manhattan District within the Decentraland Metaverse with overwhelming votes of 800,000 VP.

Headquarters on 2 Plots Equals 50K Sq Ft

iMining Technologies and all its wholly owned subsidiaries will have their virtual headquarters located inside the Tower. The two land parcels together provide a capability of developing an equivalent of more than 50,000 square feet of usable office space. The Tower is located within the Manhattan District inside the Decentraland metaverse, which has a fully developed road infrastructure resulting in premium land prices compared to other areas in Decentraland. In addition to using the iMining Tower as virtual office space, the Tower will be used to generate additional revenue for the Company by (1) leasing a portion of the property to other individuals and institutions who want exposure to the metaverse; (2) placing advertising and other billboards; and (3) event space rental.

Digital Virtual Reality Allows Companies Future Growth

“Any work will need to have a digital component in the metaverse but it doesn’t mean that everyone has to be a computer engineer. Companies such as Zoom have transformed remote working but the development of metaverse will be a game changer,” said Khurram Shroff, the Chairman, President and CEO of iMining Technologies Inc. “We already see companies such as JP Morgan, Samsung and Sotheby’s have entered Decentraland metaverse making Decentraland the ultimate location for businesses gearing up for the future.”

The official launch party for the Tower is planned for Q2 2022. At the launch party, iMining will present different spaces the building has to offer and provide an overview of the Company and its subsidiaries. Please visit the Tower on parcel number 13, -103.

About Metaverse Advisory Group:

Metaverse Advisory Group is a virtual NFT based real estate company that develops and manages a portfolio of Virtual properties in major blockchain-based Metaverses including Decentraland and The Sandbox. It operates unique services including virtual property development, property management, and assisting companies with future of work, virtual events and meetings, marketing and advertising in the Metaverse.

About iMining Technologies Inc.

iMining is a publicly listed Web3.0 technology company developing technology for Crypto Mining, Decentralized Finance (“DeFi”) and Non-Fungible Tokens (“NFT”). iMining also owns BitBit Financial Inc., an ATM Network and crypto OTC Trading Platform for individual and institutions.

iMining investments are directly linked to the Bitcoin Mining, Crypto Trading, Decentralized Finance (“DeFI”) and Metaverse Non-Fungible Tokens (“NFTs”). With diverse blockchain investment and infrastructure solutions, iMining will be a leader in accelerating the growth of Web3.0 for the enterprise market. The Company’s operations include secure and sustainable cryptocurrency payments, staking, mining and digital asset investment designed for the scale and compliance requirements of institutional clients. iMining is committed to building strong global blockchain ecosystems and supporting inclusive access to digital tools and technologies.

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