Land is a finite resource. The Digital land is a salvation

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Recent years have witnessed a substantial increase in the activities of lands purchasing by companies of a different range. This trend is clear — no need to dig deep. Let’s get back to a couple of news translated a while ago which made some noise in certain circles but might have passed you by.

So, a real estate investment firm owned by Bill Gates bought a giant plot of land in Arizona for $80 million to be developed into a “smart city.”

Belmont will create a forward-thinking community with a communication and infrastructure spine that embraces cutting-edge technology, designed around high-speed digital networks, data centers, new manufacturing technologies and distribution models, autonomous vehicles and autonomous logistics hubs,” Belmont Partners said in a press release, according to KPNX.

We call your attention to one more big deal. Google spent nearly $29.1 million to purchase 1,210 acres of land at the Tahoe Reno Industrial Center. We haven’t found a clear answer to the question what the corporation obtained it for. Most likely they will place a new data center there. Fact is fact anyways.

It’s not the first news of a high-profile technology company expanding into the state. This very area in North Nevada is all occupied by companies owning vast plots of land: Tesla, Apple, SuperNAP are the first and not the last on this list.

We came across this information — you might get surprised — monitoring the news hashtagged #BlockChain. And the most surprising fact is that the newest resident of the Industrial Park that houses all the corporate giants mentioned above is Blockchains LLC (Stealth Ethereum-based company) which paid around $1 billion for land. About 65,000 acres purchased is 20x the land holdings of their new neighbors (Tesla’s Gigafactory at 3,000 acres, Google at 1,200 acres). It also makes Blockchains the biggest developer and landowner at Tahoe-Reno Industrial Center. This news itself is very curious and ambiguous.

What we lead to is the biggest companies of a different origin invest in the land purchase, all over. That is not surprising at all if taking into account that the land is a finite resource and it’s draining away.

Arcona is about to offer the alternative as most of the businesses might be held digitally in the new Digital Land. Follow our TG not to miss the project details!

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Arcona Augmented Reality Metaverse

A platform for remote positioning and management of the augmented reality objects powered by blockchain, more here www.arcona.io.