Is the Rise of Digital Real Estate Worth the Hype? Insights into 3 of the big...
Picture this! It’s the mid-1980s. The internet, which was going to connect everyone around the world and revolutionize how they communicated, had just started, and everyone wanted a part of it. Fast forward to the early-mid 2000s, Facebook, Twitter, Flickr, and Tumblr had just arrived on the scene, and social media was born. Today, the Metaverse is the new kid on the block, and it just seems like people can’t stop talking about how it is redefining the digital real estate landscape and how it will change how we interact with the internet, and each other, forever. But wait,....
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Buying real estate doesn’t have to be as tedious as it has been in the past. In fact, you can actually start buying digital real estate right inside the metaverse for a much lower cost than you would purchase it in the real world. In addition, a handful of metaverses also intend to offer tokenized fractional shares in real estate properties, meaning you can own a piece of real-world real estate for a fraction of the price. This article will cover some of the best real estate metaverses to watch for in 2022. Some projects intend to bring real-world real estate assets onto the blockchain,....
According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since the beginning of this year.” The executive, however, says his company is facing challenges convincing the older generation decision-makers to buy into the metaverse, non-fungible tokens, and cryptocurrencies.
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The Dubai-based real estate developer, DAMAC Properties, has since the beginning of the year completed cryptocurrency deals worth....
After a 20.3% rise in the last 24 hours, 314.7% in a month, and 4336.6% in a year, it is undeniable that Decentraland (MANA) is in a bull-run with a high probability of prolonging. An extension of the NFT craze, this platform applies a similar approach, but to digital real estate. Based on the Ethereum […]
A real estate buyer in California profited nearly $1.3 mln after purchasing $4 mln worth of Bitcoin with an intent to purchase a house in California. Earlier this month, BitPay chief commercial officer (CCO) Sonny Singh was approached by a real estate buyer based in California who wished to purchase a $4 mln house solely using Bitcoin. Singh and the BitPay team, which provides a wide range of Bitcoin services assisted the buyer and the real estate developer in coming to terms with the final settlement. At last, a $4 mln price tag was agreed upon to be fully paid in Bitcoin. The buyer went....
Ragnar Lifthrasir, President of the International Bitcoin Real Estate Association, has become the new Director of Real Estate for Ubitquity. Ubitquity uses the blockchain to help prevent fraudulent transactions in real estate markets, while allowing an improvement on the settling of claims, and tracking the record of ownership across the entire real estate industry. We were able to interview Ragnar, discussing his new role as Director of Real Estate for Ubitquity. What are your thoughts on the Blockchain 2.0? Can bitcoin’s blockchain be improved upon vastly?