Scion of Hong Kong’s real estate giant invests to sell land NFTs

Adrian Cheng Chi-kong, the third-generation scion of Hong Kong conglomerate New World Development, has added virtual real estate to his growing portfolio of investments.Cheng, in his personal capacity, has invested in The Sandbox, a unit of Animoca Brands, a Hong Kong-based mobile gaming and blockchain unicorn, according to a statement from his office. No other investment details were provided.The Sandbox is a decentralised gaming virtual world, offering virtual real estate, called Land NFTs…

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