If you thought the metaverse was conjured into existence when Mark Zuckerberg announced that Meta was building the “next version of the Internet,” then it may surprise you to learn the metaverse is already an existing, thriving ecosystem - complete with a booming property market.
In recent days, a plot of “land” sold for €2.1million in the online social world Decentraland, obliterating its own previous record sale of €810,000 in June.
In Decentraland, users from the physical world can enter, create avatars, buy property, purchase wearables on the marketplace and attend events.
The platform has already hosted a virtual music festival attracting headliners like DeadMau5 and Paris Hilton.
The virtual world is also attracting institutional
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