October 12, 2022

Jetcraft enters the Metaverse with Decentraland real estate acquisition

Jetcraft is taking the next step in business aircraft sales, acquisitions and trades by establishing the first business aviation lounge in Decentraland, joining luxury brands including Louis Vuitton and Ferrari in the most prominent of the Metaverse platforms.

The Metaverse and Web3 are the new places to do business, with their growth expected to nearly double by 2024, according to Bloomberg Intelligence. Earlier in 2022, Decentraland held the first Metaverse Fashion Week, providing luxury retailers with pop-up stores, and users the opportunity to invest in NFT wearables and limited-edition pieces for their avatars.

Lauren Kinelski, Vice President Marketing, Jetcraft says: “Clients turn to Jetcraft for an unmatched international presence and local insight in every key region. Our sellers reach the widest global network of qualified aircraft buyers, and our buyers gain access to the largest aircraft inventory in the industry. We’re well covered in the physical world, with more than 70 in-house experts in 20 plus locations. Expanding into the virtual world is the next logical step for Jetcraft.

“Further, our recent Market Forecast identified that the share of Jetcraft buyers under 45 years old has risen by 20% in the last five years. This is driven by factors such as a growing number of younger entrepreneurs from sectors including technology and finance, who are entering into business aviation and are already established Metaverse users.

“We are proud to be the first business aviation company to establish a permanent presence in the Metaverse and look forward to giving our customers and partners an extraordinary virtual experience.”

Jetcraft’s Decentraland lounge will officially open in 2023. To stay up to date, visit www.jetcraft.com/jetstream.


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