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Metaverse virtual real estate is the new big winner in the crypto world, as leading virtual worlds recorded more than $100 million in NFT land sales in the past week, according to DappRadar data.
In a leaked memo seen by BI, Meta's CTO said 2025 is crucial for the metaverse's success or failure. Andrew Bosworth said Meta needed to "drive sales, retention, and engagement" for mixed reality.
Decentraland was created by Argentine developers Ari Meilich and Esteban Ordano, [1] and has been in development since 2015. [13] When it launched in 2017, parcels of digital land sold for about $20, [14] and mana tokens sold for $0.02. [1]
Meta's Reality Labs division has lost the company more than $60 billion since 2020 as investors and analysts question whether Mark Zuckerberg's "metaverse" will ever pay off.
Metaverse virtual real estate is the new big winner in the crypto world, as leading virtual worlds recorded more than $100 million in NFT land sales in the past week, according to DappRadar data.
Metaverse real estate is growing at a fast pace, both in interest and prices, and has been one of the top-grossing sectors in the NFT space in 2021 and in the past couple of months. While in March ...
Over 60% of 100,000 virtual land plots have sold on Pavia, with the remaining set to go under the hammer later this quarter.
Barbara Corcoran says that recent multimillion dollar metaverse real estate sales are part hype, part reality. ... Shark Tank star Barbara Corcoran says that the current metaverse land grab is ...