5Dec/21Off
‘Metaverse’ hype fuels booming digital property market
...According to crypto data site Dapp, land worth more than $100 million has sold in the past week across the four largest metaverse sites, The Sandbox, Decentraland, CryptoVoxels, and Somnium Space.
...And while it may be some time before these sites operate as true metaverses, transporting us elsewhere with VR goggles, digital land is already functioning as an asset just like real land, said Hackl.
"They can build on it, they can rent it out, they can sell it," she said.
...Ultimately the value of the land investments depends on whether people start flocking to these sites. ...
See the full story here: https://www.rfi.fr/en/metaverse-hype-fuels-booming-digital-property-market
