Source: iTechPost —
Real estate has been a lucrative, booming business depending on how the economy runs. But what if you turned the trade into the metaverse, does it stay that rewarding, viable or even reasonable?
Believe it or not, a metaverse real estate is actually happening, and trading them as NFT land has been worth millions. There have been enormous investments in virtual land in the metaverse lately, with even the biggest players throwing their hats into the emerging arena.
These businesses across industries, including tech, traditional financial, crypto and real estate, have been buying land on digital platforms such as The Sandbox and Decentraland. Top executives from these firms have begun charting business plans for their firms thriving in the virtual metaverse conjured up by game developers holed up in their rooms.