Is Buying Metaverse Real Estate as Dumb as Mark Cuban Suggests?

Written by rebeccabarnattsmith | Published 2022/09/26
Tech Story Tags: enterthemetaverse | metaverse | decentralization | real-estate | building-the-metaverse | metaverse-real-estate | metaverse-gaming | gaming-metaverse

TLDRBillionaire investor Mark Cuban said buying digital land in the metaverse could amount to a poor investment decision. Virtual land prices and trading volumes are falling significantly across major metaverse platforms like The Sandbox and Decentraland. Cuban’s dismissive attitude towards virtual real estate is made all the more impactful because of his investment in Yuga Labs, the company that owns NFT collections such as the wildly popular Bored Ape Yacht Club as well as its own digital land plots. Virtual real estate property values are declining as more speculative investors exit the market.via the TL;DR App
no story
Written by rebeccabarnattsmith | Technology obsessed, productivity hacks are key.
Published by HackerNoon on 2022/09/26
ABOUTHow hackers start their afternoons. We publish tech stories and build publishing software.

READEntirely free library read by hundreds of millions to learn anything about any technology.

WRITEHackerNoon elevates quality technology writing far and wide across the interwebs.

PARTNERHackerNoon works directly with tech companies to place ads by content relevancy