DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin Ethereum Briefings Blockchain Security Mining Altcoin Research NFT
Timeline Hourly market signal stream Sources Publisher health and coverage Topics Curated crypto topic hubs Entities Assets, firms, people, regulators Media Kit Audience and placement options Search Advanced archive filters
Cryptocurrency Cryptonews

Real Estate in the Metaverse Is Booming. Is It Really Such a Crazy Idea?

Theo Tzanidis, Senior Lecturer in Digital Marketing, the University of the West of Scotland._____ The idea of spending thousands or even millions of dollars to buy fictitious “land” in a virtual world sounds, to be frank...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Real Estate in the Metaverse Is Booming. Is It Really Such a Crazy Idea?
 
Theo Tzanidis, Senior Lecturer in Digital Marketing, the University of the West of Scotland._____ 
The idea of spending thousands or even millions of dollars to buy fictitious “land” in a virtual world sounds, to be frank, absurd.
But in recent months, we’ve seen significant investments in virtual land within the metaverse. PwC is among the latest to dive in, having purchased real estate in The Sandbox, a virtual gaming world, for an undisclosed amount. ...
Read More: Real Estate in the Metaverse Is Booming. Is It Really Such a Crazy Idea?

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context