![]() ![]() ![]() Moreover, they have partnered with VeVe for their Golden Moments NFT collection. It aims to bring the physical and virtual worlds to converge and offer a superlative immersive metaverse experience. Disney Plus announced its "theme park metaverse" project.Let’s take a peek at some of the established brands and their initiatives in the metaverse. It will dictate how content is consumed and how business and social interactions are played out. The lines between the virtual and physical worlds are seamlessly blending in. With Gartner predicting that by 2026, more than 25% of people will spend 60 minutes per day visiting the Metaverse, how can businesses miss out on engaging with these potential visitors? Many businesses and well-known celebrities are gravitating towards making Metaverse land investments. The Metaverse has already seen success in major segments like gaming, education, and entertainment. Generally, metaverse land can be used for all purposes like commercial spaces, meeting spaces, networking, socializing, playing, etc.This makes them recordable on the blockchain.Virtual Land is purchased with cryptocurrency. The transactions are converted into NFTs. Basically, metaverse real estate is land areas that exist the in the virtual world.It translates into a symbol of their power and prestige. The idea of owning land, a house, or an apartment has great aspirational value for humans. Moreover, more than a basic need or a financial investment, owning land has a social and emotional connotation to it. Land rates run into millions in any prominent city of the world. Property, Land, and Real Estate have always been much-sought sectors. Clearly, this is indicative of the growing interest in this emerging sector. Moreover, Decentraland has a current subscriber base of 80000 monthly users.Decentraland, a popular real estate platform has sold plots of land for as much as $1 million.Moreover, reports also project the growth to reach $ 5.37bn by 2026.The Metaverse property market sales crossed $500 mn in 2021 and if projections are realized, it will most likely touch $ 1 Bn by the end of 2022.Enterprises from celebrities to ordinary citizens are investing in land and property in the Metaverse. People the world over are taking a keen interest in Metaverse Land and Real Estate. It’s a reality and it's happening right here, right now. Yes, it’s not an imaginary or even a distant concept. Understand the Basics of Investing in Metaverse Real Estate – A Guide on How to Buy Land in Metaverseĭo you wish to own property in the Metaverse? ![]()
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