The Risks And Rewards Of The Metaverse Real Estate Boom [Versión Inglesa]



There’s a land rush happening — and it’s not in New York City or Beverly Hills.

Early speculators, professional real estate agents, and celebrities are buying up land that doesn’t even exist in the real world. They are investing in metaverse real estate, a concept mind-boggling to most people.

So, what exactly is the metaverse? Technologists say the metaverse is the next level of the internet. It’s a virtual reality platform where people can play games, connect with friends, attend meetings, and even go to virtual concerts. Ever since Facebook announced it would change its name to Meta and focus on building its own digital world, interest in metaverse real estate skyrocketed.

In fact, real estate sales in the metaverse surpassed $500 million in 2021 and could double in 2022, according to data from MetaMetrics Solutions.

How much does it cost virtual land buyers?

The average real estate parcel in The Sandbox metaverse platform was worth $2,620 in mid-October, according to nonfungible.com. A month later, after Facebook’s announcement, that price skyrocketed to $11,042.

Watch the video above to learn more about the risks and rewards of investing in metaverse real estate.

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

#CNBC

The Risks And Rewards Of The Metaverse Real Estate Boom

Youtube

About Meta

Compruebe también

El Metaverso aterriza en EUDE en la primera sesión de nuestro Digital Trend Month [Versión Española]

Inauguramos nuestro Digital Trend Month 2022 con una de las tendencias más sonadas de este …

41 comentarios

  1. The Metaverse and "digital real-estate" are for the mentally lazy. Plain and simple. For a world as mentally ill as it currently is, it's no surprise to see something like this being done.

  2. The narrating woman has a terrible way of speech, pitching up at the end of every sentence.

  3. Thats such a bad idea

    You are bringing all the worse parts of buying land to a place where these limitations dont even need to exist

  4. The cost of home building materials are out of control. This is an amazing way to avoid inflation, stay warm, enjoy luxury bathrooms and protect yourself against crime. Metamucil is the answer.

  5. I have digital majic beans I can sell you to plant on your digital land.

  6. hmm, so its the same thing as the dollar –> well after it was j e wified

  7. This is like a scuffed second life.

  8. I bought an estate in metaverse through the help of Mrs Grace Becker ,just by following the steps given by her, I'm now biulding up my space through her help .she is the best I'd advise any novice in metaverse to seek help

  9. how many headsets did Meta actually sell so far? not many. Who controls the supply of the real estate? Meta.

    Yeah i'll pass on this fad for now.

  10. How are people missing the only logic, that real land is limited, but virtual land is endless. There can be lot of companies creating vast amounts of virtual land on their servers so ultimately the virtual land will be easily available to everyone without any scarcity, so the price of these lands would ultimately go down. There would be not a single hosting company, in future many companies will join hence increasing the availability of these lands and decrease in the value. Increase in the supply and decrease in the value. People should think about this before going on an investment spree.

  11. I am not sure why this is a thing when we have a real world.

  12. So in other words between the robotic companies and the meta verse humans are creating our inslavers and our own prison, brilliant!

  13. This has to be the most meaningless thing that Facebook has conceived which only purpose is for corporation related purposes.

  14. Good luck to these early investors…lol!

  15. This is gonna lead the next recession

  16. Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.

  17. People have been buying digital real estate in The Sims for over 20 years. You can also buy all kinds of useful properties in GTA5 lmao

  18. This really makes no sense, you could buy a server (a really good server with thousands of terabytes of hard drive space ) for less than the price of metverse virtual real estate. All anyone is buying is space on a hard drive, not real estate. This goes back to the old adage "a fool and his money are soon parted" .

  19. I'm watching this and laughing so hard. People acting like virtual real estate is this 'hot, new thing.' Meanwhile, people like me have been buying, selling, and renting virtual real estate on Second Life since 2003….but, I guess that didn't have the billionaire bragging about it, so no one noticed.

  20. Digital real estate and the metaverse, in general, is shaping up to be either the biggest scam or the biggest investment opportunity ever.

  21. Hahahahahhahahahahahaha look at them!

  22. Every time something seems "stupid" to most of us or you find yourself saying "I don't get it", usually the ones who got in early are the ones laughing their way to the bank (see: bitcoin).

  23. Real estate? Fake estate sounds fitting

  24. Big companies are just bored and they don't know what to do with so much money, instead of helping solve real problems.

  25. U got to be kidding me, what's next? The Air I'm breathing will be worth a million too before I inhale it?

  26. I and my spouse are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Bought my first £400,000 house. Success requires market knowledge and we made a very good choice adopting a financial advisor Allison Taylor Cassey.

  27. Not long ago they were selling real estate on the MOON. NO KIDDING.

  28. A fool and his money soon parted.

  29. Metaverse is like MMORPG version of The Sims

  30. I hear Dysenteryland is bloody fantastic.

  31. So we’ve reached peak human, I mean stupidity. 💀🙄

  32. 1:44 looks like the guy knows what the reality is. lol

  33. Looks like soon we've got a lot of homeless. Even on the internet. lol

Deja una respuesta

Tu dirección de correo electrónico no será publicada.