In the metaverse, it's possible to play games, attend concerts — and buy virtual real estate. Virtual land is basically a form of nonfungible token, or NFT, that is paid for with cryptocurrency. We ...

In yet another example of virtual goods selling for sky-high prices for no discernible reason, an investment firm just dumped roughly $2.4 million on a giant plot of… virtual land. Isn’t the future ...

Virtual land, secured by NFTs, enables ownership and dealing in digital properties within a metaverse. Buying virtual land involves cryptocurrency transactions, without the need for traditional title ...

Spurred by fear of missing out on the next big thing, large corporations and institutional investors are gobbling up choice digital real estate, with virtual parcels being bought up almost faster than ...

Mathieu Nouzareth, CEO of blockchain-based virtual world The Sandbox, discusses what sets his company apart from its competitors, addresses concerns over billionaires buying up land in the metaverse ...

Virtual real estate has quickly become one of the most discussed assets in the digital economy. Over the past couple of years, investors, brands, creators, and even institutions have shown growing ...

Virtual land purchases have emerged as one of the most influential forces of change in metaverse token prices, driven by an upsurge in demand, limited supply, and a change in the economic value of ...

Big tech companies are investing billions in creating the metaverse. As virtual and augmented reality grows, virtual real estate could become a large asset class. The metaverse is designed to be a ...

Theo Tzanidis does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

The metaverse – it's the word of the moment – but beyond it being a huge money-making opportunity, there are lots of different ideas about what it actually is. The term web3 is closely linked to ...

Virtual land is a plot of land existing in the metaverse that may utilize blockchain technology. In cases when there is a blockchain-powered economy, virtual land is purchased using cryptocurrencies ...