Become a Property Developer in the Metaverse
The dawn of the metaverse is officially upon us, which means immersive gaming, socializing, and property sales are now virtually available. Our reality is going digital through Web3. The concept of valuing assets in the digital world is still mind-boggling to most. How does one actually own non-tangible real estate, and what is its purpose of it? Technically speaking, digital real estate, also known as virtual lands, serves as a place for individuals to coexist in the metaverse.. Digital identities can build restaurants, homes, recreational areas and everything else here, just as we do in....
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One of the United Arab Emirates (UAE)’s leading real estate property developers, DAMAC Properties, is planning to launch a project in the metaverse soon, the company’s managing director (MD) has said.
DAMAC Looking Into NFTs and Metaverse
According to Ali Sajwani, the managing director of the real estate property developer DAMAC Properties, his company is planning to start a project in the metaverse sometime in March. The project, if launched, will be a first for the London Stock Exchange-listed property developer.
Sajwani’s confirmation of the....
Futurists imagine a day where robots might own ‘themselves’, and even trade property with other robots. Some believe bitcoin could even become the ‘currency of AI.’ Robotic Bitcoiners. What if robots are self-sovereign entities and they can own property, own money, have legal rights and so forth? “There’s actually a lot of precedence for that,” says Jeff....
Upland has just hit a major milestone in their platform, and for the NFT landscape as a whole. Being one of the world’s fastest growing digital metaverses, Upland’s users have recently minted the millionth NFT property on the platform. Not long after being featured on CBS/Paramount Plus’ 60 Minutes+, Upland, the property trading metaverse, has reached a record-breaking milestone by surpassing over one million NFT properties minted in just 18 months since its inception. Upland is one of the world’s fastest growing blockchain games, with an active community of tens....
Everyone from individual users to big corporations is talking about the metaverse. The craze of the metaverse is real, so much so that even Facebook rebranded to Meta to be relevant in the space. At first, the hype around the metaverse seemed limited to playing games and interacting in virtual reality, but the users are doing much more than just playing games in the metaverse. Along with in-game accessories, users are also purchasing virtual land parcels and estates, with $900,000 being the highest price paid for a virtual plot of land. Even though the prices are increasing over time, so....
Yes, people are opening up their wallets and paying millions for virtual real estate in the metaverse. Curzio Research, a financial publishing company, announced that they have recently purchased a sizeable virtual land in TCG World, a not-so-popular metaverse. The previous record-holder, who paid $4.3 million for a plot in the Sandbox, was blown out […]