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Video: Why investors are paying millions for virtual real estate

Investments in virtual land within the metaverse are booming, with digital land plots selling for hundreds of thousands and even millions of dollars

Significant investments in virtual land within the metaverse are booming, with Bloomberg Intelligence estimating the global metaverse revenue opportunity to approach $800 billion by 2024.

Virtual worlds, such as Decentraland and The Sandbox, are enabling users and partners to build, trade and monetise in-game assets.

(Source: ArabianBusiness YouTube channel)

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Abdul Rawuf

Abdul Rawuf