Those who buy land from the Metaverse, beware! Real estate sales will explode

According to Metaverse analytics firm Metametric Solutions, real estate sales on metaverse platforms exceeded half a million dollars last year. Company; He added that real estate sales across the four major metaverse platforms—Sandbox, Decentraland, Cryptovoxels, and Somnium—topped $501 million in 2021. There are a total of 268,645 parcels of different sizes on four platforms.

The analytics company predicts real estate sales on the metaverse base could double this year, and by 2022 1 billion dollars guesses he can. According to a report by Brandessence Market Research, 2022 of the metaverse real estate marketIt is expected to grow at a compound annual rate of 31% from 2028 to 2028.


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Metaverse real estate sales may exceed $1 billion

metaverseoffers the opportunity to make the virtual world a more social environment. It is said that all the actions that can be done in real life can also be done in the virtual world. If after ten years metaverse If it can be realized, it’s likely to be much different than what the developers are currently thinking.

a few investors metaverse’s multitrillion dollar anticipates an opportunity. Global investment banks Goldman Sachs and Morgan Stanleyestimates that the metaverse could be as big as an $8 trillion opportunity.

Last week, Apple CEO Tim Cook said his company sees a lot of potential in the metaverse and is investing accordingly. “It’s very interesting for Apple’s innovative world, so we started doing our research.” said.

Also, Haim Israel, formerly Bank of America’s strategist, metaverse’s cryptocurrency reminded that it offers a great opportunity to be widely used. “I definitely believe that the metaverse is a huge opportunity for cryptocurrencies.” he stated.

But do you think the metaverse will become as big a platform as it is thought? You can share your thoughts in the comments section or on the SDN Forum.

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