Real Estate In The Metaverse

Source: Decentraland

Prices of virtual real estate jump 500%

Since Facebook changed its name to Meta in October 2021, prices of virtual real estate have jumped by as much as 500%. Consumers are paying millions of dollars to acquire plots of pixelated property in this virtual world, even though it doesn’t completely exist yet.

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Rick Huckstep - Making Sense Of Tech

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