IS METAVERSE REAL ESTATE A STABLE INVESTMENT IN FUTURE?
In the first five months of 2022, corporations, venture capitalists and private equity funds poured $120 billion into metaverse real estate. Many believe this is a stable investment while others think that the future cannot be predicted. Is Metaverse Real Estate a Stable Investment in future?
The metaverse virtual universe is gradually becoming a hot spot for real estate investment. More and more people are entering the virtual universe, living and playing in the metaverse.
ph: DBS Bank
Corporations, venture capitalists and private equity funds poured in $120 billion between January and May 2022, more than double the $57 billion invested in 2021, according to consulting firm McKinsey.
But according to Winston Robson, CEO and co-founder of metaverse analysis firm WeMeta, metaverse real estate prices are quite volatile. Land prices at the four major metaverse platforms: The Sandbox, Decentraland, Cryptovoxels and Somnium Space have fallen by 50 to 80% this year. He explained that problems in the global real economy and the cryptocurrency market were the cause of this decline.
However, when we look beyond the numbers, we see that every profession is changing from architects and designers to builders and real estate agents. Not only limited to the virtual world, their investment activities have been affecting real life.
Some people are buying virtual real estate for entertainment. Others are trying to make a profit from their virtual land. Others are building business spaces or ticketed experiences.
Some people lease land to brands so they can reach consumers in virtual universes. According to McKinsey, e-commerce in the metaverse could have a market impact of up to $2.6 trillion by 2030.
ph: instagram@blockchain_architect
Just like the real world, location has a big impact on metaverse real estate rental prices. High-traffic areas, near popular games, or close to valuable properties (such as celebrity homes) can be important factors. But some people argue that good design is also valuable.
The long-term value of metaverse real estate may also depend on whether users decide to work and play in the virtual universe.
Given the short lifespan and rapid acceleration of the metaverse, long-term forecasting is risky, especially when the real estate market is going through a lot of volatility. But does metaverse real estate become an investment as reliable as in real life?
It's hard to know if metaverse real estate is stable or not, some people working in this thriving industry remain optimistic that metaverse real estate can be a stable investment in the future.
IS METAVERSE REAL ESTATE A STABLE INVESTMENT IN FUTURE?
How to Invest in Land Without Money?
How to Invest in Land Without Money?
Investing in land is often seen as a lucrative venture, but what if you don't have the capital to make a purchase? The good news is that there are strategies you can employ to invest in land without money.
How to Invest in Land and Make Money: A Comprehensive Guide
How to Invest in Land and Make Money: A Comprehensive Guide
Investing in land has long been considered a solid strategy for wealth accumulation. While there are risks involved, land investments can offer significant returns and act as a tangible asset in your portfolio.
How to Make Passive Income in Real Estate?
How to Make Passive Income in Real Estate?
Passive income in real estate can provide financial stability and freedom. It refers to different methods of generating passive income from real estate investments that require minimal effort on your part. This type of income offers a level of financial security and can be instrumental in achieving financial goals.
How to Make Money in Real Estate for Beginners?
How to Make Money in Real Estate for Beginners?
Real estate investing has long been a popular and lucrative wealth-building strategy. For beginners, it can seem intimidating and overwhelming, but with the right knowledge and approach, anyone can start making money in the real estate market. In this article, we will guide you through the essential steps and strategies to succeed as a beginner real estate investor.
How to Know If a Rental Property Is a Good Investment?
How to Know If a Rental Property Is a Good Investment?
Investing in rental properties can be a lucrative endeavor, providing a steady stream of passive income and the potential for long-term wealth accumulation. However, before diving into the realm of real estate investments, it is crucial to evaluate the viability of a rental property to ensure it is a good investment. This article will guide you through the key factors to consider when determining the profitability of a rental property.