virtual land – DIGIT INFO

Roblox CEO ‘dreams’ of in-game cross-platform NFTs and digital objects

Roblox founder and CEO David Baszucki expects top brands and celebrities to take charge and play a key role in making the “dream” of cross-platform NFT come true.

Go to Source

Top metaverse property investments suffer massive losses: Report

Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year.

Go to Source

Snow Crash manuscript that coined the term ‘Metaverse’ to be auctioned by Sotheby’s

The manuscript is part of a larger series of physical and digital items related to the famous book.

Go to Source

Metaverse experience to sway real-world travel choices in 2023: Survey

A survey participated by 24,179 respondents across 32 countries reveal that nearly half, or 43% of the respondents, intend to use virtual reality to inspire their choices.

Go to Source

Metaverse is a new frontier for earning passive income

Those looking to earn passive income in the metaverse have several available options, but how profitable and durable these are isn’t yet clear.

Go to Source

South African Financial Services Giant Nedbank Secures a ‘Village’ in the Metaverse

The South African financial services giant, Nedbank, is reported to have acquired a village in the metaverse. The village will be used to showcase African creativity and to create experiences that “go beyond banking.” By securing a virtual property in Ubuntuland, Nedbank became one of the first financial institutions in Africa to embrace the metaverse. […]

Go to Source

Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest

The virtual real estate market is crashing despite a McKinsey report predicting a $5 trillion market by 2030.

Go to Source

The Largest NFT Mint in History — Bored Ape’s Otherside Virtual Land Sale Raises $320 Million

On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token (NFT) mints to date. The Otherside metaverse virtual land sale raised close to $320 million by selling 55,000 parcels of Otherside land. Otherside Metaverse Sees […]

Go to Source

Study: 25% of US Crypto Investors Either Own or Plan to Acquire Land in the Metaverse

A new study has found that 25% of U.S. cryptocurrency investors own or rent land in the metaverse, or plan to acquire the same. Out of four generations, the Baby Boomer generation has the highest (18%) proportion of crypto investors interested in owning or renting land in the metaverse. Gen Z Less Likely to Own/Rent […]

Go to Source

British Investment Bank HSBC Joins Metaverse via Sandbox, Animoca Brands Partnership

The British multinational investment bank and financial services holding company, HSBC, has revealed it has partnered with the blockchain virtual gaming platform The Sandbox. According to the platform’s parent company, Animoca Brands, HSBC is the first global financial services provider to enter The Sandbox metaverse. HSBC Steps Into the Metaverse Over the last 12 months, […]

Go to Source