Investors are paying millions for virtual land in the metaverse

It’s no secret the real estate market is skyrocketing, but the Covid pandemic is creating another little-known land rush. Indeed, some investors are paying millions for plots of land — not in New York or Beverly Hills. In fact,…

Virtual land developer Metaverse Group is investing up to $1 million in a platform where users can buy digital versions of Central Park and the Eiffel Tower

Virtual land developer Metaverse Group is expanding its reach in digital real estate by investing up to $1 million in SuperWorld, where users can buy and sell versions of global landmarks including Mount Rushmore and the Great Wall of…

Investors Buy Up Metaverse Real Estate in Virtual Land Boom

Real-estate transactions in the metaverse are reaching record highs. We spoke with companies investing in digital real estate to understand the economic model, and why investors are spending millions on virtual property. Photo: Republic Realm…

How the metaverse could reshape the real estate landscape both virtually and in reality

Imagine this scenario: You’re looking to buy a home in Atlanta, San Francisco and Tampa, Florida – three of the nation’s most competitive housing markets.  But, those dreams could get dashed waiting for a loan to help with the mortgage as multiple all-cash…

Investors Snap Up Metaverse Real Estate in a Virtual Land Boom

Transactions for properties in digital realms are jumping, guided by the same principle in the physical world: location, location, location….

US Inflation ‘Too High,’ Lowering It A Priority: Fed’s Brainard

US inflation is “too high” and the Federal Reserve will make the issue a priority, Lael Brainard, the nominee to take the number-two position at the central bank, said Wednesday. The Fed’s “most important task” is to focus on…

SAND, MANA Tokens Surged in November as Crypto Traders Bet on ‘Metaverse’ Potential

Virtual worlds are invading the world of virtual currencies. Hype over the untapped value of the “metaverse” sent tokens such as Sandbox’s SAND, Decentraland’s MANA and others to all-time highs in November amid surging interest from cryptocurrency traders and Wall Street alike….

Metaverse Real Estate Piles Up Record Sales in Sandbox and Other Virtual Realms

The latest hot real-estate market isn’t on the scenic coasts or in balmy Sunbelt cities. It’s in the metaverse, where gamers are flocking and digital property sales are setting new records….

Decentraland’s MANA Token Hits All-Time High After Sale of Virtual Real Estate

Decentraland’s MANA token pushed to a record high on Thursday, hitting $5.84 for the first time. It is up almost 40% in the past seven days. The token of the decentralized virtual reality platform built on the Ethereum blockchain…

Virtual real estate plot sells for record $2.4 million

A patch of virtual real estate in the online world Decentraland sold for a record $2.4 million worth of cryptocurrency, the buyer crypto investor (COIN.NLB) and Decentraland said on Tuesday. Decentraland is an online environment – also called a “metaverse”…
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