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Technology Support In Real State Business That Made Metaverse A Chnage Of Concept In mind-Bogging ,As Early speculators, professional real estate agents, and celebrities are buying up land that doesn’t even exist in the real world. They are investing in metaverse real estate, a concept mind-boggling to most people.
In fact, real estate sales in the metaverse surpassed $500 million in 2021 and could double in 2022, according to data from Meta Metrics Solutions.
How much does it cost virtual land buyers?
The average real estate parcel in The Sandbox metaverse platform was worth $2,620 in mid-October, according to nonfungible.com. A month later, after Facebook’s announcement, that price skyrocketed to $11,042.