Neustreet Becomes First Company to Designate Global Headquarters in the Metaverse

Collectech startup Neustreet has become the first company to officially designate their global headquarters in the metaverse. As virtual worlds become a more relevant channel for traditional businesses, Neustreet has decided to build their headquarters in the Ethereum-based virtual world of Cryptovoxels.

Neustreet, Inc. is a media and data company that aims to be as widely used in modern collectible markets like sneakers, trading cards, and NFTs, as Yahoo! Finance and Bloomberg are in the financial markets. By providing the right tools and information to collectors, Neustreet enables people to make better decisions about the things they love.

Neustreet founder Eric Witschen previously led product, engineering, content and data teams at financial technology giants Bloomberg and Benzinga. With Neustreet, he saw an opportunity to provide a similar data aggregation service for collectibles and alternative assets.

"I'm a lifelong researcher and collector of cultural items, from NFTs to baseball cards. Regardless of whether you buy and sell collectibles for a living or intend to pass them on to the next generation, you have to make smart decisions with your limited resources. I view the explosive growth in modern collectibles as the most exciting frontier in fintech. But as a collector myself I also know that these items often mean so much more than the money they represent. Neustreet was the perfect opportunity to connect my professional expertise to my personal passions," commented Eric Witschen. 

Neustreet's Global HQ exists on the Cryptovoxels 'island' of Little Ceres. This virtual real estate was purchased by Neustreet and the value of the asset is recorded on the company's balance sheet. 'Neustreet HQ' is a three story digital structure that is being built by the Neustreet team. The first floor is an open plan office that doubles as co-working space for anyone looking to learn more about Neustreet or research their favorite collectible. The second floor is a virtual gallery of NFTs and digital art and the third floor is a space where Neustreet plans to host events for a broader community of artists, creators, and collectors. Neustreet HQ is open to the public 24/7.

"One of the most exciting things we're seeing at Neustreet is the blurring of lines between physical and digital, and we love the promise of openness and global access that these virtual worlds provide. Neustreet HQ is a place that allows our global community of collectors to come together and connect virtually," said Eric Witschen. "People who visit our new global headquarters will see how serious we are about our vision for the future and understand who we are at the core. I can see a time in the very near future where every company has a virtual headquarters in addition to a physical headquarters."

Contact Information:
Eric Witschen
eric@neustreet.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/88563

News Provided by Newsfile via QuoteMedia

The Conversation (0)
NorthStar Gaming Holdings (TSXV:BET)

NorthStar Gaming Holdings


Keep reading...Show less
Person holding phone that says "GameStop" in front of stock trading charts.

GameStop Frenzy Cools, E*Trade Considers Roaring Kitty Ban

GameStop (NYSE:GME) continues to cool following a trading frenzy that drove shares up by 75 percent between the close of trading last Friday (May 31) and the start of trading on Monday (June 3).

The brief rally, which took GameStop shares to US$40.09 on Monday morning, was sparked by a Reddit (NYSE:RDDT) post made late Sunday (June 2) by an account tied to the video game retailer's most prominent supporter, Keith Gill.

Gill, who ignited the meme stock craze in 2021 and is known as Roaring Kitty on other platforms, posted a screenshot on Reddit's Superstonk subreddit that shows a purported US$175 million position in GameStop shares and call options.

Keep reading...Show less
Cell phone showing GameStop stock chart.

GameStop Surges Over 70 Percent in Flashback to 2021 Frenzy

Over three years after the infamous GameStop (NYSE:GME) short squeeze, the American retailer’s share price skyrocketed as much as 110 percent on Monday (May 13) before pulling back to a more than 70 percent gain.

The surge came on the heels of a social media post by "Roaring Kitty," also known as Keith Gill. His first online appearance since 2021 has reignited memories of the meme stock frenzy that captivated markets in 2021.

Gill, who gained notoriety for his bullish stance on GameStop, posted a meme on X (formerly Twitter) depicting a focused video gamer. It received widespread attention, accumulating over 81,000 likes and 9,000 comments in just a few hours.

Keep reading...Show less
NorthStar Gaming Chairman and CEO Michael Moskowitz.

NorthStar Gaming Leverages Content to Create Engaged, Active Players, CEO Says

NorthStar Gaming (TSXV:BET,OTCQB:NSBBF) is leveraging its rich, compelling content to better engage its customers, which ultimately leads to higher revenue, said NorthStar Chairman and CEO Michael Moskowitz, following an earlier announcement that the company is rolling out enhancements to the Sports Insights content on its platform.

“From the time that we founded NorthStar Gaming, we took the view that providing compelling content would lead to higher engagement with our customers,” he said. "And we're finding just that. We're planning to launch Sports Insights 2.0 in the first half of 2024 with redesigned sports and homepages, live scoreboards and tickers, live odds, trending topics and a greater tie-in in terms of the player journey and promotional offers that we provide to them."

Moskowitz noted that leveraging content helps attract new customers, with several media organizations using the company’s content on their own sites. “Ultimately, these articles and this content will help to create awareness around the NorthStar Bets brand and platform, and ultimately drive traffic to our site, which will convert into revenue.”

Keep reading...Show less
hand touching phone

Game-changing Prospects for the iGaming Market

iGaming has grown considerably in recent years. Driven by innovations in web technology and a changing regulatory landscape, online casinos and sportsbooks are more popular than ever.

To understand how the landscape may change moving forward, investors should assess how the industry has evolved in recent years.

Keep reading...Show less
smartphone on podium

Top Trends Shaping the Canadian iGaming Market

From emerging technologies to evolving regulations, the trajectory of iGaming has changed substantially in recent years as the market has experienced significant growth.

In 2022, Ontario's provincial government introduced game-changing legislation that established a regulatory framework for iGaming. Due to this legislation, regulated iGaming successfully displaced the unregulated market, according to Attorney General Doug Downey, creating over 1.6 million active player accounts across more than 70 operator websites as of April 2023 — just over one year following the change.

Ontario's regulation has also laid the groundwork for widespread change in the iGaming space across Canada. As iGaming continues to evolve, it's important to have a deeper understanding of both new and existing trends that will shape the industry's future, as well as regulations.

Keep reading...Show less

Latest Press Releases

Related News

×