Digital Land Rush: Elevator Studio and Entrepreneur Adam Weitsman Invest $1 Million in Metaverse Real Estate

Elevator Studio and entrepreneur Adam Weitsman have formed a joint venture, investing $1 million in digital land within Big Time Studios' multiplayer action role-playing game, Big Time. The venture aims to develop various metaverse businesses, including entertainment venues, casinos, and artistic projects. Digital real estate sales have surged recently, with weekly sales often exceeding $100 million, as more investors and entrepreneurs stake their claims in the rapidly expanding metaverse.