Entering the metaverse of "real estate players", is it worth buying virtual real estate with real money?

The virtual land on the Sandbox virtual gaming platform sold for $ 4.3 million, setting new records for the price of the virtual real estate buying "meta universe".

Currently, the market is teeming with debates about the value of virtual real estate. Some gamers believe that designing virtual homes is the ultimate goal of future assets. However, some players are bluntly saying it's the only leek to slice and not worth the effort.

By purchasing millions of virtual reality devices with real money, Meta Universe is truly “breaking the cycle”!

Virtual gaming player Wang Le (pseudonym) spent around 5 million yuan on virtual property purchases on major platforms. On the evening of December 8, Wang Le unveiled his vision while discussing Global Financial News' virtual real estate model. He believes that the virtual property model is the goal of the future asset. The discovery of the "New America" ​​by humanity, by exploring the new world.

Famous artist in the entertainment world, singer JJ Lin is also a virtual member. Lin Junjie reportedly bought three “lands” in Decentraland for around US $ 123,000, or around RMB 784,000.

Many players "cold water" in interviews about the popularity of virtual real estate. Virtual houses are the only leek and think it is not worth creating. Despite its value, it has no physical value.

Where is the meta-world that has been affected by future conflicts?

Buy virtual homes at exorbitant prices

Recently, the virtual land of the Sandbox virtual game platform was sold for 4.3 million US dollars (about 27.39 million yuan), setting new records for the virtual real estate exchange "meta universe" and exceeding 243. Decentraland platform. $ 10,000 (about 15.48 million yuan) based on previous records.

What is the concept of virtual real estate worth 27.39 million yuan? If you look at the price of a house in Shanghai, you can buy a 228 square meter charming house at RMB 120,000 per square meter in Jing'an District for RMB 27.39 million.

Buyers in this dizzying virtual realm have mastered the wealthy and diverse NFT digital real estate investment firm, Republic Realm, which is limited to a maximum of 99 qualified investors. . Provides funding for new operations and new opportunities with the acquisition, management, development and sale of businesses, including investments in existing virtual facilities Decentraland, Sandbox, Cryptovoxels, Somnium Space, Axie Infinity, and Moreover.

Republic Realm believes that the popularity and adoption of a decentralized virtual world has spurred the development of new technologies such as digital investing. At the crossroads of new technologies such as virtual reality and blockchain, developers, entrepreneurs and amateurs have developed digital businesses.

As free sandboxes are received by the media, LANDS Land is a virtual symbol supported by the blockchain (ERC-721 standard for NFT) as a physical package of the sandbox meta-edge. sandbox. LANDS allows players to capture content (assets and games) by being part of a meta-world. The sandbox meta-edge is based on the land map 166464 (408 * 408). The land is the physical space of the meta-world that players use to create and benefit from games.

Junji Lin, a well-known figure among virtual gardeners, appears. Recently, famous singer Lin Junjie tweeted that he bought three virtual lands from Decentraland. Lin Junjie allegedly bought our "land" for about US $ 123,000, or about 784,000 yuan.

Rooms are limited

Compared with foreign countries, China is back in the development of virtual reality platforms. "Story World", the virtual goods store at Tianxia Fair, is at the forefront of the distribution of "real estate" in China in the Meta Universe.

Huaan Securities has released research data indicating that Honnverse Rainbow Universe is a 3D virtual social product. It uses a 3D virtual planet (P-LANET) from Age Z as the background to create a virtual self, a virtual, virtual image. Location, virtual relationships, sharing a global reputation for creating fun virtual community entertainment for global users and providing users with conditions such as applications and communications as NFT assets. The company brings blockchain-like technology and virtual reality to the new gaming industry, once again opening new models for the non-commercial real estate sector, defining entrepreneurial heritage and creating new platforms and methods of monetization for celebrities . Search and create.

On November 18, Li Meng, founder of the Tianxia Show, in an opening letter commemorating the 11th anniversary of the Tianxia Show, said, “The rainbow universe is a product that does not come. Developer's Choice enters the era of 4.0 relationships. The virtual concept. “The world is constantly getting richer. The next generation of online tickets will bring us closer. the ultimate dream of using technology and creating new, innovative ecosystems that connect consumers, developers and products. "

Li Meng said, “If you are a user, you will get 2D to 3D social and digital communication experience, and if you are a content developer, Rainbow Universe will open a content creation platform, a designing content for developers, user tools, and realizing that revenue is easier and smoother. To know all things to be equal to the truth and to the truth as the truth of the affairs of the world. "

Looking to the future, Li Meng said he believed that the "temples" of the world theater would soon be built on the rainbow horizon. Each World Show employee will work together in the virtual world of Rainbow Universe for one day. In the future, Rainbow Universe will allow more companies and organizations to emerge, which is also based on the future of China without carbon monoxide protection points, and I believe companies will continue to go in that direction.

When a reporter from 'International Financial News' tried to sign up for a Universe story account, he found he couldn't access the Rainbow Universe without a virtual home. It is understood that the game is still in closed beta and only home users can access the Horn Bus app, and other users can only log in after opening Horn Bus. .

The Rainbow Universe is known to open a special event on October 21.

According to official data, Hornbus reported a total of 350,000 virtual households, with 13 household types according to the difference from Planet P. High to lower SS, S, A, B, upper tier, least. Of these, 20,000 sets are airdrops, representing 5.7% of the total. The first drop will begin at 8:00 p.m. on October 28 and the range is limited to 500 lights.

This limited unit created a temporary "construction speculation craze" in Xianyu. Previously, Rainbow Universe's most exaggerated virtual real estate 'SS Sea Island' was also sold for 999.99 million yuan. So far, there are many virtual appliances in Xianyu which cost more than 10,000 yuan.

"Leek Chop" VS Unlimited Price

So far, do the high prices of virtual goods match their real value?

From a game development perspective, the virtual real estate game is still in the development stage. An employee of a well-known foreign sports company told the reporter from 'International Finance': "I haven't started making a virtual reality game yet."

Many sports experts believe that virtual gardens are the only leek and have no developmental value, and although they are valuable, they have no physical value.

However, from the perspective of the experienced gamer, the cost of virtual real estate is unlimited.

Virtual real estate game player Wang Le told "International Finance News" reporter that he already owns about 5 million yuan of virtual real estate on a large virtual platform. He believes the design of virtual homes is the ultimate goal of future assets as people search for "America's new world" and are the pioneers of the new world.

From Wang Le's perspective, VR is just a kind of gaming accessory, and if the gamer has the right to it, they deserve to live like the skin of a King of Glory. In addition, virtual real estate is guaranteed and many players buy it with an understanding of wealth security. “Virtual real estate is publicly available at ETH. There is no consensus even though developers cannot touch virtual real estate,” he said.

Player Wang Le disagreed with the assertion of "real estate thinking" in virtual real estate. He believes that after buying a virtual house, it will bring more rights and benefits in the future, and people who know it will buy it. Of course, it is not excluded that some people have thought of "thinking about housing".

So what are the rights and benefits of virtual real estate?

Wang Le said, “Virtual real estate will be able to earn a lot of money in the future. Streamers, businesses, media and advertising are all through the virtual home can generate income in the future. Just like the Internet at the time, virtual. The growth of the world economy by providing not only investment, but also the potential for large-scale exploitation, new growth points and new industries. "

Regarding the public opinion that virtual real estate is often referred to as “virtual real estate,” Wang Le directly said that any investment of time has an early investor, and an interested person who takes the risk. However, it is believed that the absence of virtual gardens is not “fake gardens”. For example, it says, “Taobao stores are online and virtual stores in some form, but you cannot say that Taobao stores are fake because they can sell products for cash.

The meta-universe is still in the stage of enlightenment

Developers and gamers have different views on virtual real estate, but how do experts and scientists see the benefits of virtual real estate?

"It is too early to identify the value of virtual real estate." Ahn Kwang-yong, an expert from the Partnership and Acquisitions Association's Business Council, said in an interview with a reporter from International Financial News. Many reject the virtual realm and find it juicy, the idea of ​​satisfying people's spiritual senses with new ideas and new opportunities, but still worth a look.

Ahn Kwang-yong said, "It's not virtual, but its value is virtual. Games are a good example. We can simplify it and compare virtual houses with more equipment in online games. So its value will be more evident., This virtual house If we can improve the spiritual needs of more people by further improving bonding, this would be necessary. ”

Chen Sheng, director of the China Real Estate Data Research Institute, told reporters at Global Financial News that virtual real estate is blockchain-based to provide unique real estate value and other factors associated with the transaction.

Chen Sheng believes that virtual assets don't have to cost the same. However, if the digitalization of virtual assets can be observed, the physical space can be disrupted, and the physical space is digitally enhanced in the process of virtualization, and finally practical in virtual and real, this is the value of reality Virtual. More than the value of real estate or space, meta-world data has value in itself

“The meta-world is a new path for our country,” said international correspondent Zhu Xiaohong, urban economist at the China Luxury Housing Research Institute.

Zhu Xiaohong said, “We have not decided on the future use of the technology in meta-space, but for now we only allow certain scientists and people who want to try it for the first time.” La great proclamation is still a long way off, and we. do not support it, try it or oppose it. "

Take a good look at these investments

An Guangyong said that whether these virtual houses can become a future investment depends on the special services related to virtual houses that can be provided in the future.

Citic Securities pointed out that there is still a long way to go and that there is still a lot of uncertainty about the end of the Global Meta, but believes the Global Meta will have a huge impact on people and lead to the future digital survival of humanity. . Great industry ultimate opportunity. During its slow growth, we will continue to see the emergence and consolidation of one-off innovations from all quarters, continuing to the meta-global end, and continuing to provide capital.

Guotai Junan believes the meta-world has reached the start of the event. With the use of the history of mobile Internet development, VR and AR terminals will be introduced to the meta-world and flourish as a virtual entertainment application. Virtual entertainment industry.

“The meta-world is the next generation of the world. The future of the market is huge and will lead to more investment,” Minsung Securities said, suggesting that Goer-Tek (Electronics Group Coverage), VR / AR, must be. list as key supplies. ZTE brand of the group logo, Quectel Internet of Things model, etc.

Huatai Securities predicts that the impact of the spread will continue to decrease as management needs increase, and as new technology and hardware recover, nature will provide a classification process in 2022 based on two strategies: indicate its needs. . First, identify companies with industry leaders and key challenges that include sports / movies / internet marketing / advertising etc., and second, join the wave of renewable technologies and industry trends . Exploring Global Meta Investments such as VR / AR As more large companies enter and product market share increases, the Meta Universe will become an important source of capital investment in 2022.