Source: WSJ

Key Points

  • Companies are purchasing digital real-estate in the metaverse
  • Value of these properties can be effected by how these platforms are perceived

Within the metaverse, companies are buying up digital real-estate in a frenzy, anticipating that these spaces will be worth a great deal more in the future. Despite many perceiving this to be too early, or an overly risky move, businesses are mitigating this risk by purchasing different plots of land on different platforms. Within the metaverse, users can visit photo-realistic spaces, or more cartoon-like areas. Within these spaces, people will be able to visit malls, homes, offices – even shop.

Watch the Video from WSJ

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