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: 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.
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: