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HomeTech NewsMetaverse is experiencing a real estate boom because of Facebook

Metaverse is experiencing a real estate boom because of Facebook

Real estate prices aren’t just increasing in real life: pixel lots are extremely popular in the Metaverse, according to a new calculation. In 2022, sales may cross the billion mark for the first time, mainly because of Facebook.

metaverse

Metaverse: Investors are buying virtual real estate

After Facebook renamed itself Meta and declared Metaverse as a new destination, demand for digital real estate skyrocketed. According to a new study, sales exceeding $500 million in 2021 were made through Metaverse providers Sandbox, Decentraland, Cryptovoxels and Somnium.

metaverse

An even stronger eruption is expected for this year. If current forecasts for virtual properties in the Metaverse come true, total trade volume could reach almost one billion dollars in 2022.

Here is some metaverse coins we have reviewed:

Tlm Coin Metaverse

Alice Coin metaverse

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Mehmet is one of the administrator of Teknonel. As a software developer, he loves to share his knowledge in related topics. He is highly familiar with the editorial process from the inception of an article idea, through the iterative process, publishing, and performance analysis as well as product reviews.

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