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Edited by Iti9 at 25-12-2023 12:56 PM
The metaverse real estate market seems to be gaining popularity recently. Here's a brief explanation of what metaverse real estate speculation is. In essence, metaverse real estate speculation is similar to real-world property speculation. It involves purchasing virtual properties within the concept of the metaverse in virtual games, decorating them, and waiting for these properties to become scarce 'prime locations' or 'undeveloped sources' within the game. Once this happens, they can be sold at a higher price, resulting in a profit.
How popular is metaverse real estate speculation? Do not underestimate its prices; they can rival those in the real world! The transaction price for a virtual land plot can go up to $4.3 million, which might astonish you. However, due to excessive speculation, metaverse platforms have issued multiple statements and introduced new rules to curb speculative trends. Investigations have revealed that the majority of those involved in virtual real estate speculation are individuals with a background in cryptocurrency trading. A seller mentioned that people around them engaged in virtual real estate are typically those who traded cryptocurrencies, stocks, or were involved in various online projects.
After the surge of interest in the metaverse, many companies are eager to explore opportunities within it. The metaverse is indeed a promising development project, representing not only the next generation of the internet but also the future lifestyle of humanity. However, the metaverse is still a relatively new concept for many, and we can expect more developments in the near future. |
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Post time 27-11-2023 21:37:19