According to analysts, now could be the best time to get into metaverse real estate investing for massive growth in 2022. Here's what you need to know.
00:00 - Intro
1:00 - Why Virtual Real Estate?
2:50 - Virtual Real Estate Isn't New...
3:38 - Best Metaverse Real Estate Projects
3:41 - Decentraland
4:46 - The SandBox
5:50 - Somnium Space
6:44 - CryptoVoxels
7:40 - Upland.Me
8:43 - Why Virtual Real Estate will BOOM in 2022
10:02 - Watch This Next
In this video, we’re taking a look at why investing in virtual real estate could be a good idea in 2022. We’ll start by discussing why virtual real estate is worth considering at all, and then we’ll look at some of the best platforms to find your metaverse real estate properties. Finally, we’ll explain exactly why analysts think this is going to be the next digital asset to gain popularity and see massive growth, particularly in 2022.
First, the value of virtual real estate transactions processed through the third-party marketplace NonFungible.com increased by more than 20,000% in the last year. Overall transaction numbers have also increased by 677% since January 1st of 2021.
These massive increases are primarily driven by commercial interest in virtual real estate. Just a year ago, there were hardly any brands active in the metaverse, but as we've seen in this past year, that's changing very quickly. Celebrities and big-name corporate brands are moving rapidly to get their names and products out there in the digital frontier. A ton of companies are working on plants to develop virtual retail shops, event spaces, and even the virtual equivalent to AirBnb weekend rentals.
It's speculated that by the spring of 2022, there is going to be a huge bump in virtual real estate sales. And we might just be seeing the early indications of the demand to come. As the market continues to grow, as it's looking more and more certain to, you can expect prices and demand to increase exponentially.
So if you're looking for a decent way to get in early with digital assets, virtual real estate in the metaverse may be one of the best options right now. Whether you choose to flip your properties down the road for a hefty profit, or develop them to collect rent payments and passive income, the metaverse seems ripe for money-making opportunities.
#NFTs #Metaverse #Investing
