For example,, a company which invests in Web3 assets, recently managed to secure $16 million dollars of investment in metaverse real estate. Some businesses are buying to rent, giving them the potential to make extra passive income. Though much of this is speculative, the metaverse is so far showing good potential for future growth, with many possible ways for companies to exploit their property. Future potential buying Metaverse real sstates Either way, the potential is clearly there, and the boom of 2021 could be the start of bigger things to come. Fluctuations like this are normal, so it’s hard to know if values will begin to plummet or if they will skyrocket again. Prices have already come down a bit from the peak of 2021, but they are still much higher than the same time last year. Of course, it’s hard to predict what will happen in the future. The Decentraland crypto token, Mana, which is used to buy plots of land, as well as other things like products or services offered on the platform, also increased in value at the end of 2021, going up by 27% in one day alone. Virtual gaming world Axie Infinity also saw increases in value, with 9 parcels going for $1.5 million in February 2021 and just 1 parcel later being sold for $2.3 million, again in November that year. These initially sold for $15,000 apiece, but by February 2022, they were being resold for over $100,000 each. Republic Realm also bought space in The Sandbox, where they developed 100 so-called Fantasy Islands. Just a few months later, in November of the same year, the Metaverse Group bought just 116 plots for $2.4 million. Back in June 2021, Republic Realm, investors in digital property, bought 259 parcels of land in Decentraland for $900,000. Off the back of these impressive sales, virtual real estate shot up in value on many of the main platforms. Some are predicting that to double in 2022, while market research group BrandEssense has forecast it to increase at a compound annual rate of 31%, suggesting that the boom is only just getting started. Increasing valueĢ021 saw a boom in the sales of metaverse real estate, eventually hitting $500 million dollars’ worth by the end of the year. As with any investment, caution is urged, with the possibility of losses, but it could also be the case that if you wait too long, you will miss a big opportunity. These firms wouldn’t be investing if they didn’t expect returns, which can give smaller companies and maybe even individuals the confidence to put their own money into it. Football clubs, fashion brands, cosmetics companies, car retailers, and even celebrity individuals have all put significant sums into the metaverse. Thus far, there have been several sizeable investments, with global brands and small tech start-ups both getting involved. The sheer number of companies putting their money into the metaverse suggests that it will provide future profit. Companies already invested in real estates in the Metaverse Read on to find out why now might be a good time to invest. We have already covered some aspects of buying virtual land in a previous Mazer blog post, but things are moving so quickly with this new technology that its time to look again at this developing area, this time focusing on the benefits of owning real estate in the metaverse. Metaverse real estate is a key topic in the world of virtual reality right now. Future potential buying Metaverse real sstates.Companies already invested in real estates in the Metaverse.
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