JJ Lin jumps into the park and the virtual gardens are on fire.

The boom in yuan space speculation continued, from famous singers to the chaebols.

The starting price for a lot in Sanbox is US $ 99.9, but after trading the price up to US $ 68,000, that's over 680 times that. Hong Kong regional conglomerate Zheng Zhigang has announced plans to establish an "innovation center" by investing $ 5 million (about 32 million yuan) to buy another site for "The Sandbox."

There are many similar stories, but land prices in the meta-world have increased, even beyond land prices in the world. The industry assumes that Web 2.0 is growing slowly and that there is a lot of money to be made to find new ideas, new businesses and new products for investment and export.

On November 23, singer Lin Junjie announced on Twitter that he had purchased three virtual lands on the Decentraland platform and entered the meta-world. It is estimated that approximately $ 123,000 (approximately RMB 787,200) was spent on our "land".

On the same day, on the US virtual platform Decentraland, digital land was sold for a hefty price of $ 2.43 million (about 15.52 million yuan) and about 27,000 yuan (about 20 million won) the square meter.

Besides Decentraland, the virtual terrain of the sandbox platform has also become popular.

New World Development Group Hong Kong owner and CEO Zheng Zhigang bought one of the largest digital sandbox companies to create a "new space" in the Great Bay area to showcase business ventures of the startup. His investment in this virtual land is about $ 5 million (about 32 million yuan).

Zheng Zhigang will present 10 companies specializing in this virtual field, including genetic testing and diagnostics company Prenetics, logistics unicorn Lalamove, technology accessories brand Casetify and more, which will be showcased in Win this virtual with investments from New World Development and Zheng Zhigang. . With the Company, there is a link or a partnership. He also said that these initiatives will launch NFTs, experiences and fun.

Snoop Dogg, the King of American Rap, also entered the Metaverse Sandbox and began selling the Snoop Bus land on December 2, Beijing time, and sold the land near Snoop Dogg's virtual property.

The named virtual real estate is real estate in the meta world. Each region of the meta-world is assigned a unique, irreplaceable, and inhomogeneous token (NFT or code) that is unique to each region and to each variable. Developers and gamers can buy / sell on primary and secondary business platform and use virtual real estate to build their home or business.

Who are the key players in Meta Universe Real Estate?

The first is the land provider. The land is provided by toy developers and industry leaders including Decentraland, The Sandbox, Cryptovoxels, and Somnium Space.

Compared to real estate, the concept of land is invisible and invisible, but not inferior in its ability to attract gold.

According to data from third-party data provider Dapprader, in November platforms such as Decentraland (Distributed Continent) and Sandbox (Sandbox) saw unprecedented levels and market share, and the virtual real estate market is rising. to $ 228 million. It's the best month so far, up almost 7 times from last month.

In addition, the market cap of virtual lands in November was $ 4.6 billion, an increase of 228% from October, and investors were up 145% from October, an increase until 27,600, high data.

In fact, the popularity of virtual pitches has benefited from the high value of real money.

For example, in Sanbox, a lot called "LAND # 9840" has a starting price of $ 99.99, but is currently priced at $ 68,000, which is 688 times more than our eyes. Decentraland's "EST # 1965" lot has a starting price of $ 98,000 and a current value of $ 758,000 - 6.7 times more than two eyes.

This is one of the main reasons why many virtual land prices compare to real estate prices but still cannot be satisfied by investors.