Real Estate vs Virtual Lands: New Verticals of a Global Economy

Written by kristina-frunze | Published 2020/11/10
Tech Story Tags: virtual-reality | real-estate | blockchain | sandbox | ethereum | decentralization | virtual-land | hackernoon-top-story

TLDR In February 2020, crypto enthusiasts and the gaming community had collectively invested close to $1 million worth of fiat money into virtual land in just one week. Virtual lands are the real estate of the virtual world – they represent the three-dimensional virtual world space. At the moment, virtual lands are rising in value and people are ready to pay big bucks for it. With virtual lands, there is a set amount of land produced – and it is usually gone before you know it. The Sandbox, Cryptovoxels, and Decentraland saw a total trading volume of their digital tokens surpass $940,000 USD.via the TL;DR App

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Written by kristina-frunze | Market-savvy content writer with 5+ years of experience. My second passion is SEO.
Published by HackerNoon on 2020/11/10