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Metaverse NewsNFT News

Alex Bentley Buys Property Worth $40k in LootMogul Metaverse

Alex Bentley has bought ad spaces and seats in the form of NFTs within the metaverse.

Written By Ritu Lavania Ritu Lavania
Published 2022-06-30·Updated 2 years ago
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Alex Bentley Buys Property Worth $40k in LootMogul Metaverse

The popular NBA star and metaverse enthusiast, Alex Bentley recently bought $40k worth of property and digital assets in LootMogul Metaverse.

As per reports, Alex Bentley has bought ad spaces and seats in the form of NFTs within the metaverse. These NFTs come with utilities and real-life benefits including ‘lifetime ownership rights’.

LootMogul is an ‘influencer-led sports metaverse gaming platform’. The platform is generated by exclusive properties (Lands, Stadium, Arenas, etc.), NFTs, and token rewards for the sports world.

Alex Bentely said, “As a fellow member of the crypto community, I’m incredibly excited to be joining the LootMogul family! The brilliant minds and extraordinary people at LootMogul have created a platform that athletes, fans and sports enthusiasts will absolutely love and enjoy.” 

Bentely says, “The endless capabilities and opportunities in the world of VR gets me excited to do my part and make my mark in the metaverse’s ambitious future.”

These NFTs come with the following utilities:

  • Use Ads spaces owned by a user to promote their brand
  • Customize seats with images/avatar
  • Connect & Play with one’s favorite sports influencer in the Metaverse
  • Play-to-Earn Games
  • Earn real-life rewards
  • Get access to live events, stores, offers and future drops
  • Earn revenue from Brand Sponsorship

LootMogul is onboarding web2 gamers and sports fanatics to the metaverse space with a play-to-earn model, real-world perks, experiences, and NFT collections. Thus, further expanding the web3 community.

The metaverse allows Companies or Gaming guilds to own or lease NFT stadiums, banners, seats, celebrity avatars, game power, wearables and more for their community.

One can also launch special events during NBA all-star weekend, NFL Superbowl, World Championship and much more along with popular sports celebrities.

Also read: Kevin Hart will “Confess” in Metaverse Through his NFT

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Ritu Lavania - Crypto Content Writer at The Crypto Times
By Ritu Lavania
Ritu Lavania is a content writer at The Crypto Times. She is also a literature enthusiast who loves beautiful clicks, flowery letters and has started to appreciate NFT Art. She loves dogs (and wishes to pet them), loves elephants (but can't afford them), and also likes spiders (and has a few of these in her window grills).

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