Building Success in the Metaverse: Best Practices for Metaverse Real Estate
Introduction The metaverse, a term coined by science fiction author Neal Stephenson, refers to a collective virtual shared space, created by the convergence of virtually enhanced physical and digital reality. It’s a world where physical and digital spaces blend, and users can interact, socialize, and conduct business in immersive, interactive environments. As the metaverse continues to grow, a new market is emerging: Metaverse Real Estate. Metaverse Real Estate involves buying, selling, and renting virtual land, properties, and other digital assets within virtual worlds. According to a report by Grayscale Investments, the Metaverse could be a $1 trillion annual revenue opportunity. With such potential, it’s essential to understand the best practices for navigating this new frontier. ...