• X1 Core
    • X1 Crypto Exchange
    • X1 Trading Automation
    • X1 Marketing Automation
    • X1 Tokenization Suite
  • X2 Monitoring
    • X2 Wealth
    • X2 KYC AML
  • X3 Insight
    • X3 Crypto Market Sentiment Analysis
    • X3 Crypto Technical Analysis
    • X3 Crypto Fundamental Analysis
  • X4 Pay
    • X4 Swiss Digital Assets Custody Services
    • X4 Crypto Wallets
    • X4 Payment Services
  • X5 SELL
    • X5 – Omni Channel eCommerce
    • Get Started for FREE
    • Pricing and Features
    • Buy now
    • General Terms and Conditions
    • Try Demo Store
    • Point of Sale Systems (POS)
    • HELP CENTER
    • eCommerce Digital Marketing
  • News
    • Blockchain
    • Crypto Exchanges
    • Metaverse
    • Financial Markets
    • Fintech
    • AI
    • E-commerce
    • SaaS
    • Digital Marketing
    • Digital Events
    • Digital Trends
    • NFT
  • About
    • Our Team
    • APP and Website Development
      • X2 Banking
      • Lending App
      • Support
    • Contact us
Menu
  • X1 Core
    • X1 Crypto Exchange
    • X1 Trading Automation
    • X1 Marketing Automation
    • X1 Tokenization Suite
  • X2 Monitoring
    • X2 Wealth
    • X2 KYC AML
  • X3 Insight
    • X3 Crypto Market Sentiment Analysis
    • X3 Crypto Technical Analysis
    • X3 Crypto Fundamental Analysis
  • X4 Pay
    • X4 Swiss Digital Assets Custody Services
    • X4 Crypto Wallets
    • X4 Payment Services
  • X5 SELL
    • X5 – Omni Channel eCommerce
    • Get Started for FREE
    • Pricing and Features
    • Buy now
    • General Terms and Conditions
    • Try Demo Store
    • Point of Sale Systems (POS)
    • HELP CENTER
    • eCommerce Digital Marketing
  • News
    • Blockchain
    • Crypto Exchanges
    • Metaverse
    • Financial Markets
    • Fintech
    • AI
    • E-commerce
    • SaaS
    • Digital Marketing
    • Digital Events
    • Digital Trends
    • NFT
  • About
    • Our Team
    • APP and Website Development
      • X2 Banking
      • Lending App
      • Support
    • Contact us
Contact
  • Metaverse
  • NFT
  • -March 13, 2022

The American footwear company, Skechers has joined the metaverse after leasing land in Decentraland.

Skechers will build a virtual store on Decentraland’s Fashion Street Estate. Despite the positive development, MANA is struggling to find momentum in the market.

The American footwear company, Skechers has joined the metaverse after leasing land in Decentraland.

Skechers, the world’s third-largest sneaker brand, has announced that it will build a virtual store in the Metaverse.

In a press release, the American footwear company said it had leased the equivalent of 5,000 square feet of virtual land on Decentraland’s Fashion Street Estate. Skechers President Michael Greenberg said that the goal is to explore creative ways to engage with new customers and audiences.

The Skechers announcement is the latest in a long list of major companies to make a pivot to the digital world. The sneaker brand follows hot on the heels of the American investment bank JPMorgan, which last month opened a lounge in the popular virtual world. It predicted at the time that the Metaverse could become a $1 trillion annual market. Samsung also opened a virtual store in Decentraland at the beginning of the year.

While such developments show the growing interest in Decentraland and other Metaverse-related projects, its native token MANA did not react to the news.

MANA is currently locked in a downward trend, sitting 61% short of its all-time high. The 30th-largest cryptocurrency by market cap appears to be trading above a weak support, showing little to no sign of recovery.

Previous Post
Next Post

Latest Insights

Bepace at ICE 2022
Bepace at the ICE 2022 London Gaming
April 12, 2022
U.K. Faces Crypto Exodus as Firms Sound Off Before FCA Deadline
March 29, 2022
The American footwear company, Skechers has joined the metaverse after leasing land in Decentraland.
March 13, 2022
coinbase wall street
Wall Street is half convinced with Coinbase, bank earnings and retail sales in focus 
April 15, 2021
Financial market news
Taking the bull by the horns
April 8, 2021
Financial market news
Archegos hangover
March 30, 2021
VP Bank is acquiring a 3.4 per cent equity stake in Hywin after signing a Collaboration Agreement to strengthen the Strategic Partnership
March 29, 2021
Moderna and IBM Plan to Collaborate on COVID-19 Vaccine Supply Chain and Distribution Data Sharing
March 5, 2021
Swiss consortium to spur blockchain-based innovation with a Gold Token
March 4, 2021
Five Latest Digital Trends. Weekly.
February 26, 2021
STAY AHEAD OF THE GAME
  • FOLLOW US

Support

  • Contact Us
  • eCommerce Help Center
  • E-Commerce Suite
  • Terms and Conditions

Key Products

  • X Ecosystem
  • Crypto Exchange
  • Tokenization Suite
  • Algo Automation
  • CRM Automation

Contact Info

  • Chemin de Vers, 42
    1228 Plan-les-Ouates, Geneva
    Switzerland
  • contact@exporis.ch
© 2006-2022 Exporis Ltd.
The Specialist in Trading, Investment and Compliance Technologies Since 2006