Metaverse Real Estate Sales Exceed $500 Million in 2021

According to research, metaverse real estate sales, which reached a volume of 500 million dollars last year, are thought to exceed 1 billion dollars in 2022.

According to a study by MetaMetric Solutions, the four largest metaverse platforms have passed Real estate sales worth 500 million dollars in 2021. They stated that they expect metaverse platforms, which had sales of 500 million dollars in 2021, to double this sales volume this year.

Janine Yorio, CEO of real estate and consultancy firm Republic Realm, another organization associated with the metaverse sector, also shared her views on the subject with the following words:

While it involves great risks, there are potentially great rewards and a future.

Metaverse data provider MetaMetric says sales in January exceeded $85 million and that if the momentum continues unabated, sales He also predicts that it can reach approximately 1 billion dollars in 2022. added.

also Facebook‘s company name from October 2021 Meta with the change to interest in the world of the metaverse has increased noticeably. According to MetaMetric data for November 2021, a nine-fold increase was observed in real estate sales. In November of last year on Metaverse platforms 133 million Reached US$ sales volume.

As additional information; Republic Realm purchased land from Sandbox for a record $4.3 million. The company is developing a 100-island project called Fantasy Islands on the property it bought.

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