0
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

Post Gallery

Publish Date:

Mehmet S. Kaya
Mehmet S. Kayahttps://teknonel.com
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.

MUST Check

Related Articles

OpenAI negotiating with publishers regarding content licensing

According to a Bloomberg report on January 4th, OpenAI has stated that it is currently negotiating content licensing with dozens of publishers. An insider...

SpaceX interns using AI to decipher an Ancient Scroll

After the eruption of Mount Vesuvius in Italy, volcanic ash quickly covered the prosperous ancient city of Pompeii and also affected the nearby town...

NVIDIA H100 GPU sets a record in MLPerf standard tests

After the rise of generative AI, many companies actively introduced products, attempting to gain a share of the market. As for the AI chip...

Win Big with the Best Decentralized Casinos: A Future of Fair Gaming

In an era where digital innovation is king, the online gambling industry is undergoing a revolutionary change with the advent of decentralized casinos. These...

Explore More Articles