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Elevator Studio and Adam Weitsman Form Investment Partnership to Purchase Metaverse Land for Business Development

Elevator Studio and Adam Weitsman Form Investment Partnership to Purchase Metaverse Land for Business Development
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New project completes first $1 million purchase of land The Big Time Metaverse

Los Angeles, December 23, 2021–(BUSINESS WIRE)– Elevator Studio, a leader in digital production and marketing, and entrepreneur Adam Weitzman have established a joint venture to invest in and develop land in the Metaverse region. The duo recently completed a $1 million purchase of digital land within Big Time Studios’ multiplayer, Big Time role-playing game https://bigtime.gg.

The new joint venture is actively buying digital real estate to build and develop a variety of metaverse businesses including entertainment venues, casinos and art projects.

“What we are seeing now is a digital Earth version of the California Gold Rush,” said Dan Fleishman, founder of Elevator Studio. “The land is in high demand, and space for premium locations is limited and in high demand as many people and brands are exploring the metaverse.” Weitzman added, “The revenue generation opportunities within the metaverse are endless and we believe the key is to secure prime real estate that can be built and operated on, just as we all wish we could go back in time to purchase land on Fifth Avenue in New York.”

Digital real estate purchases have skyrocketed in recent months, with sales often exceeding $100 million a week. Prices and opportunities are only expected to rise as more investors and entrepreneurs share their claims.

Adam Whitsman is an entrepreneur and investor. He is the CEO of Viridium LLC, a large, state-of-the-art crypto-mining farm in several locations across New York. He also founded Upstate Shredding – Weitsman Recycling, one of the largest scrap metal processors on the East Coast with annual revenues of more than $1 billion.

Founded in 2020, Big Time Studios, founded by Ari Milic and Thor Alexander, has assembled an all-star team of gaming industry veterans from the likes of Epic Games, Blizzard, EA and Riot, having contributed to some of the best-loved franchises in gaming history, including: That’s Fortnite, Gears of War, Call of Duty, League of Legends and Medal of Honor. Working entirely remotely across the globe, our team combines technical prowess with technical innovation and business leadership to set a new standard in gaming. Come and play at www.BigTime.gg.

Elevator Studio is a digital production and marketing company that helps media companies and brands connect with and influence consumers through meaningful, high-impact engagement. The company works with clients to develop growth strategies, craft messages that resonate, create brand experiences, produce compelling content, and connect with the most prominent and influential voices on social media. Elevator Studio is headquartered in Los Angeles. More information can be found at www.Elevator.Studio and on social media (IG:elevator; Twitter:elevator_studio; Facebook: ElevatorStudio.co).

View the source version on businesswire.com: https://www.businesswire.com/news/home/20211223005115/ar/

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