Source: Markets Insider —
Virtual real estate, or land in the metaverse, sold in the form of non-fungible tokens is growing in popularity.
You can’t physically visit these properties, but the allure of this investment lies in these assets being backed by forgery-proof certificates stored on the blockchain.
This trend has been grabbing the attention of those seeking to deploy money into new ways of investing in real estate. People are willing to spend six figures on them, betting that they can make a fortune. Some expect triple-digit growth in the next 16 months.