Virtual Land Grab In Metaverses To Continue Says AI

The Sandbox

In a true WTF moment last year, a virtual plot of land on a high street located inside the hard drive of a server, sold for millions of dollars. 

But according to Artificial Intelligence (AI), 2021's mad rush for virtual land is likely just a start.

Some Background

NWO is an AI startup that tracks millions of texts from news articles, social media platforms Twitter and Reddit, and Google Search, among other places, in order to predict broader emerging trends. 

So far:

✅ Its AI foresaw millions of retail traders driving massive gains in meme stock companies like GameStop a year ago, and 

✅ It predicted troubles for Chinese real estate giant Evergrande.

Zooming In

Now, the same AI foresees real estate sales in metaverses like Decentraland and the Sandbox - where plots have sold for millions of dollars - will probably continue at a brisk pace before peaking in May 2022, and interest in virtual land will remain high thereafter.

You Don't Need AI To Know This

📌 Per experts, the metaverse represents a USD1 trillion market opportunity, and over USD100 million has already been spent on virtual land plots.

📌 Companies like Tokens.com are already renting out space in Decentraland for major events, like the first-ever metaverse Fashion Week - where folks can buy the latest fashion trends for their look-alike avatars - as well as the first virtual Australian Open.

What's Next?

🎙 "As people gain trust in these platforms and the fact that the future is here, I predict that we will only see [virtual land sales] go up," said Julia Myers of NWO.