The most recent sizzling real-estate market isn’t on the scenic coasts or in balmy Sunbelt cities. It’s within the metaverse, the place players are flocking and digital property gross sales are setting new information.
A rising variety of funding companies are buying digital land in worlds such because the Sandbox and Decentraland, the place gamers simulate real-life pursuits, from purchasing to attending a live performance. They’re betting that people and firms will spend cash to make use of digital houses and retail area and that the worth of properties will enhance as extra folks be a part of the worlds.