What is a sign that this crypto bear market might be different from previous ones? Projects like Decentraland continue to build despite a drop off in users and the value of its crypto token, MANA. Most recently, the project announced that it is partnering with streaming giant Netflix (NASDAQ:NFLX) and actor Ryan Gosling for his recent film, the Gray Man.
It will see a replica of the maze that was used in the film where Metaverse users can explore. Netflix has called the Metaverse another avenue in which to engage viewers and create new revenue streams. Decentraland, along with the Sandbox, has been the largest Metaverse experience for investors and players.
Other brands that are making use of the Decentraland Metaverse include JPMorgan (NYSE:JPM), SFLMaven (OTC:SFLM), and Mastercard (NYSE:MA) which has sponsored and partnered with the project. SFLMaven provides an interesting opportunity in investing in NFTs in the Metaverse, as the luxury jewelry retailer creates its own line of jewelry NFTs. These can be used in the Metaverse and worn by playable avatars to special events and experiences. Netflix has previously released an NFT-based blockchain game for its mega popular series, Stranger Things.
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