Does the virtual real estate hype continue to spread and is Yuan Investment a partner?

The meta-world may be an exaggerated definition of a virtual reality, howeverVirtual lands have become a multi-million dollar hotspot in real estate investments.- Even traders cannot live in these virtual environments.

The virtual land boom continues, and at the end of last month the virtual world platform Decentraland announced that virtual land had been sold for around $ 2.4 million, making it the largest of the av meta-space swap.

The Metauniverse real estate industry is active.

Especially with the explosive growth of the word “meta edge” after Facebook changed its name to “meta”.

Of course, this transformation can also be the first step towards counting more or more artists in the digital renaissance.

But one thing is certain,The virtual world is interesting enough to trade millions of dollars in real estate and becomes another cryptocurrency market.

After the boom in non-homogeneous tokens (NFTs), virtual real estate is appealing to both entrepreneurs and technology entrepreneurs. Earlier this year, artist Krista Kim sold her digital home for 288 Ethereum, for almost $ 500,000 in NFT.

In October, Tokens.com, a blockchain technology company focused on real estate NFT and Metaverse, acquired a 50% stake in Metaverse Group, one of the world's leading virtual companies, for approximately $ 1.7 million. .

“Instead of trying to make a world like Facebook, we said, 'How do you buy a grid and host a meta-world? com.

Since its inception, Tokens.com has influenced the digital core of Decentraland. Louis Vuitton, Gucci, Burberry and other luxury brands have entered the meta-world via NFTs, an initiative through which company executives are excited that the Tokens.com house is soon available. This is a loan and an advertisement for this brand.

On November 24, acclaimed musician Lin Junjie announced on his Twitter account that he had purchased the Decentraland land and joined the burgeoning meta world.

These contracts represent the growing interest in the meta-world or interactive 3D online world where people in art avatars can chat, work, shop and play.

About Decentraland

Decentraland is a virtual world and a community. Users can create and own Landscaping (LAND), Artwork, and Nonlinear (NFT). Members can also join the Distributed Autonomous Organization (DAO) platform.

As the host, LAND owners have full control over the content environment and the apps they create, from static 3D scenarios to apps or games that contain more conversations. LAND can create more communities, create more shared environments with rich understanding and use.

Whether good or bad, Metaverse sales have consequences.

Now some investors want to buy digital real estate because they see the gold market.

As with most new products, buyers are now trying to buy at the lowest prices, but the public remains skeptical and cheap, hoping that the price of virtual land will rise.

But is digital real estate really still “real estate”? Is it worth the investment?

Real estate investing in the meta world is always in high demand and no one knows if this explosion will be the next big event or the next big bubble.

Why did the virtual earth explode? Where are its characteristics and values? In fact, this can be attributed to the following points.

1. Rares

In other words, "land restriction", scarcity contributes to the cost. Just like the internet can be endless, but the meta-world is not, the land in each world (platform) of the meta-universe is limited, and it cannot add more land, so only a few times. to get land.

The concept of prohibition is similar to Bitcoin, where the minimum amount of money is in circulation and does not once increase in value.

2. Land for construction and operation

By creating good pitch conditions, delivering good content, and working hard to attract more players, players will make this place more productive.

(Examples: home and business stores, colleges, hospitals, stadiums, art galleries, etc. as long as there is something in reality or something that you want to do, you can know and work here, earn money and create happiness. Earn.)

3. Home

Create value-added products, boost the real world economy, and pave the way for market growth.

(Examples: NIKE, Adidas, Gucci, Burberry, LV and other brands called Metaverse to explore new ideas to grow their brand.)

Regardless of the platform, the domain is made up of non-fungible and tradable virtual assets stored in Ethereum smart contracts. Blockchain technology guarantees lifetime membership in the region. When real estate was bought on the Metaverse, the operator could not touch the virtual property, which means.

A few things to think about in the meta-universe

There is no guarantee that everyone will think about meeting the meta world.

Use of cryptocurrency

If that turns out to be the case, taxes will be a problem.

Volatility and speculation

Virtual gardens have been around for almost 20 years (even in the form of games), but they can still be considered a new concept. so,Until there is no prioritization to determine how the price will change, this should be viewed as a high ROI.

Find and create value in the meta edge

In its simplest form, the concept of a meta-world would be no different from the original network.

Since the late 1980s, HTML (Common Web Programming Language) has enabled people to create websites that contain content or provide services to users. Finally, when a website attracts enough of these users, the website owner can sell the ad or pay a fee. Earn money.

Sure,The main difference is that when the website was created for free, Meta Universe seemed to be bought by big companies.

For example, before Facebook announced that it would change its name to Meta, Mark Zuckerberg told customers the company planned to spend more than $ 10 billion on Project Metaverse this year alone. It is difficult for anyone to compete with this money.

However, many companies are still working on it.

In addition to Decentraland, digital lands can be purchased on the Metaverse under names such as Somnium Space, Sandbox, and Upland.

2021 could be the “first year of the metauniverse” or “the first year of the country of the metauniverse”. Not yet known.

just the truthThere is still a long way to go before the virtual world can transform into a world recognized by the public.