Model drops over $100,000 on digital home
A supermodel has joined the growing number of celebrities buying digital property in the metaverse.
Sara Sampaio, a former model for Sports Illustrated and Victoria’s Secret, has bought a digital island getaway for a hefty price in The Sandbox metaverse.
According to The Sandbox’s website, it is a “community-driven”, online platform where people can monetise games, art, and other digital assets to generate a passive income.
In order to create these assets and earn money, people buy a piece of digital real estate in the online world using a digital currency called Ethereum (ETH).
Sampaio paid 25 ETH for the non-tangible asset, which is equivalent to almost $118,000.
Sara Sampaio bought a digital island getaway in The Sandbox metaverse. Image: Exclusible
Her new property was sold through the website Exclusible, which describes itself as a “premium, curated NFT website”.
Sampaio’s island was one of 25 offered on the site’s exclusive archipelago, which is said to be close to rapper Snoop Dogg’s digital property that is also found in The Sandbox’s version of the metaverse.
Although Sampaio spent a relatively small amount considering her million-dollar status, her latest investment comes after she made a loss on her (real-world) three-bedroom apartment in Manhattan.
Having spent $3.92 million on the flat in the fashionable area of East Village, Sampaio went on to sell it for a loss of $160,000.
Image: @sarasampaio (Instagram) / Exclusible