Yahoo Explores Decentraland Metaverse with Electric City Experience

MetaversePlanet August 7, 2022Last Updated: August 14, 2024

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Yahoo is set to host a unique Electric City experience week within the Decentraland Metaverse. Organized in collaboration with VegasCityDCL, this event is scheduled to kick off on June 13 and run until June 22.

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Joint Event with Yahoo Decentraland

Yahoo Explores Decentraland Metaverse with Electric City Experience

Yahoo is organizing a week-long event called Electric City, designed for collectors within the Metaverse. The primary aim of this event is to bring together NFT enthusiasts within the heart of the Metaverse.

Scheduled to commence on Monday, June 13, between 02:00 and 04:00, collectors will have the opportunity to log in daily throughout the week. This event offers a platform for socializing and engaging with the inclusive features of the Metaverse.

One of the highlights of the event will be a virtual basketball game. Participants in this basketball game will have the chance to receive specially designed NFT wearables created by the renowned German artist Andy Gellenberg, known for his collaborations with Nike, Brand Jordan, Powerade, and more.

Yahoo and Decentraland Continue Partnership

The Yahoo Electric City event represents a significant milestone in the company’s foray into the Metaverse. Previously, Yahoo has engaged in projects supported by NFTs, including a collaborative event in March. During this event, they showcased “The Initiation,” an experience developed by Charli Cohen and RSTLSS, which was featured in Decentraland as part of the Metaverse Fashion Week (MVFW).

Now, Yahoo is taking further steps to expand its presence in the NFT space, demonstrating a newfound stability and commitment. The company is actively working on creating memorable events for the NFT community, indicating a robust and strategic approach to this innovative digital realm.

Yahoo Interested in NFT Industry

Last year marked a significant collaboration between internet behemoth Yahoo and the messaging platform Line, focusing on NFT trading within the Line blockchain ecosystem.

As per the partnership, the trading of NFTs was set to occur on Line’s own blockchain. Yahoo Japan has taken an active role in this domain, notably auctioning NFTs on its platform. The Yahoo Japan Auction service, operational since 1998, has been a cornerstone of this initiative.

To facilitate NFT trading on their platform, the two entities have seamlessly integrated Yahoo Auctions with the Line Bitmax wallet. This wallet, a proprietary blockchain solution developed by Line, is adept at managing digital assets, including NFTs.

This integration allows users to trade NFTs directly on Yahoo Auctions using the Line Bitmax wallet. Yahoo’s engagement in the cryptocurrency sector has been robust since 2019. Additionally, the company is recognized for its support of Taotao, a significant local cryptocurrency exchange that commenced operations in 2019.