philip lelyveld The world of entertainment technology

17Feb/19Off

An engineer by training, Soudagar says he's always had a penchant for business. About a year ago, he stumbled upon Decentraland while doing research into cryptocurrency investments.

"I kind of stumbled upon the the idea of buying and selling for profit ... and I really took it as a business," he said.

Parcels of land have sold for anywhere between $300 and $200,000. Spots closest to Genesis City's central plaza are most expensive, Russo explained.

In order to succeed, Decentraland will need both capitalists looking to make large returns and idealists on a quest to build a better parallel world.

"The speculators are giving the market liquidity, but it's the idealists that are making it interesting," she said.

See the full story here: https://www.cbc.ca/radio/day6/episode-429-snc-lavalin-s-lobbying-professional-axe-throwing-virtual-real-estate-lorena-bobbitt-and-more-1.5019261/welcome-to-decentraland-where-investors-spend-real-world-dollars-flipping-virtual-real-estate-1.5019287

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