Metaverse Blog

Metaverse in the real estate market Metaverse in the real estate market With the spread of the Corona pandemic, the movement stopped and economies closed, which led to the collapse of the real estate sector in many countries. As a result of the above, virtual reality technology has been introduced in real estate marketing. Media reports revealed the sale of real estate and land within this virtual world, with a value exceeding hundreds of thousands of dollars. Historic real estate deals In this article, we review 3 deals that ranged in price from $913,000 to $2.4 million. The transaction of the Metaverse Group's purchase of a plot of land in the virtual world of "Decentraland" recorded a historical price that is so far the highest in the virtual land sale market. The deal took place in exchange for 618,000 MANA coins, a digital currency based on the encrypted Ethereum network, worth about $2.4 million. This land covers an area of ​​16 acres of the land of the metaphysic...