Investors scoop up land in metaverse: A look at top deals so far
Reading now: 225
cnbctv18.comThe metaverse may still be in its infancy, but the size of some of the real estate deals in the virtual universe has been eye-popping. Metaverse projects like Decentraland, Sandbox, and others, where investors flock to buy/sell virtual land, have announced million-dollar deals over the last couple of weeks.Virtual plots of land effectively act as non-fungible tokens or NFTs.
When a plot of land is sold in the metaverse, the owner is the only one with the rights to that virtual land. These virtual plots can be purchased using the native currency of the metaverse from which they are bought.
Read more on cnbctv18.comAbout this in other media
Wolves manager Bruno Lage in despair at decisive VAR decision vs Man City manchestereveningnews.co.uk /3 years ago
SushiSwap CTO resigns citing internal structural chaos cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
