Experts say a primary purpose for owning real estate in the Metaverse right now is advertising and special events.
It's essentially digital platforms with places for people to gather and experience life in virtual reality.
"It looks a little bit like real estate in a digital video game-like form," said Andrew Kiguel, CEO and founder of Tokens.com."Decentraland has approximately 45,000 parcels available for development," Kiguel told CBS2's Chris Wragge."There's a fashion neighborhood, a gaming neighborhood, a museum district. There's parks and rivers and all kinds of different areas.
"What you're actually buying is virtual land covering the surface of the Earth at any location that you want on the planet," said Hrish Lotlikar, co-founder and CEO of Superworld. The speculation is the more popular places will ultimately increase in value, but as with any investment, there's risk. Costa is one of a growing number of women leaders in this industry. She's also a Metaverse property owner.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Future of Celestial Farms uncertain amid legal battles between staffThe News4JAX I-Team is looking into a legal battle involving the fate of Celestial Farms Animal Rescue.
Read more »
The Most Brutal Memes About How the Metaverse Will Trap Us in a Human Meat FarmSome folks are worried Meta and Mark Zuckerberg might have ulterior motives in the Metaverse. Here's a roundup of excellent Metaverse memes.
Read more »
Leiomy Maldonado Is Ready to Vogue Her Way Through the MetaverseLeiomy Maldonado talks about being a 'Legendary' judge, summer must-haves, and dressing for the metaverse.
Read more »
Dothan's Community 1st Real Estate opens training center in downtownOwner Anita Dawkins Weatherington recently opened the new addition to Community 1st Real Estate at 215 North Saint Andrews Street in Dothan’s old First Citizen Bank building.
Read more »
Newly listed homes for sale in the Dothan areaBrowse through recently listed homes in the Dothan real estate market and find your next home!
Read more »
Feds: R. Kelly remains on suicide watch 'for his own safety' - New York Amsterdam NewsFederal authorities are pushing back on R. Kelly’s claims that he was placed on suicide watch as a form of punishment last week after a judge sentenced him to 30 years behind bars for using his fame to sexually abuse young girls.
Read more »