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Metaverse real estate is a rapidly growing market globally and looks set to expand at a scorching pace if reports are anything to go by.
Yeah. Sample This.
📍 Metaverse real estate is expected to grow by USD5.37 billion in 2021-26.
📍 Concentrated Metaverse real estate markets and newer strategies are likely to contribute towards slight deceleration ahead (61.74% CAGR).
📍 Main market players include Linden Lab, Axie Infinity, Decentraland, The Sandbox, Global Thailand Co. Ltd. and many more.
📍 Global Metaverse real estate growth is spurred by mainstream popularity of cryptocurrency and mixed reality.
📍 People are latching onto Metaverse platforms, purchasing land and leasing/selling it to other participants.
📍 Bitcoin, NFT and Litecoin are being used across enterprises and end-users.
📍 41% of growth is anticipated from North America alone.
Yes, there are challenges regarding fluctuating real estate market prices on the Metaverse. Valuations are still being triggered by the location and availability/scarcity of virtual land.
Yet, things could settle down eventually, making this a red-hot category for investors.