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ZOAN Reveals Photorealistic Metaverse, Announces Largest NFT Land Sale At €100 Million

100 photorealistic virtual land parcels on a volcanic island will be sold with accompanying avatars in a series of land drops on FUNGI NFT platform starting January 31 through Q1

ZOAN, a leading global VR studio, announced the upcoming launch of, a photorealistic metaverse experience featuring a volcanic island sold exclusively through the FUNGI platform as NFTs. A total of 100 virtual land parcels will be available for sale over the course of Q1, ranging in price from €10,000 to more than €20 million, making one of the most valuable land sales in the metaverse to date. The first land drop will be available for purchase starting January 31

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As virtual real estate in the metaverse has become more pervasive, open digital worlds like Decentraland, The Sandbox, CryptoVoxels and Somnium Space have attracted investors and driven millions in land sales. At the same time, businesses and individuals seeking more exclusivity can now turn to, which offers custom avatars, exclusive buildings, private NFT galleries and more. The photorealistic escape of is the perfect place for artists, brands, and creators to showcase their work, collaborate or entertain in a more exclusive environment.

“ is a passion project we’ve been dreaming up for years. It all started with the idea to build our virtual office and since then it’s grown into the creation of a whole land drop powered by blockchain technology,” said Miikka Rosendahl, CEO of ZOAN. “In, you can truly escape from reality. The raw beauty of the island is something that has never been seen before – it’s like starring in a Hollywood Sci-Fi movie, except you get to decide the plot.”

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The 3D metaverse is being built with the Unreal Engine, which allows real-time rendering of high-quality graphics. plots are stored on the Ethereum blockchain as NFTs, specifically ERC-721 tokens. Users can easily verify the ownership and transaction history of each NFT. Each piece of land is unique and digitally certified by the Ethereum smart contracts.
ZOAN is an award-winning team of over 100 professionals combining state-of-the-art game-engine 3D graphics with the latest technology. Founded in 2010, ZOAN sold over $1 billion in physical real estate before transforming into a virtual marketing and entertainment company that has worked with some of the largest businesses in the world. Starting in 2020, ZOAN has created highly successful virtual events attracting more than 2 million visitors worldwide.

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