In Worldwide Webb Land and other metaverses, huge sums of money are being spent on virtual real estate.
Republic Realm, A metaverse investment corporation, paid $913,000 for a plot in Decentraland, another metaverse, in June.
At the time, it was the largest deal of its kind. Six months later,
the same corporation paid $4.23 million for 792 plots in Sandbox, yet another metaverse, from video game company Atari.
The concept of the metaverse has been around for a long time.
One of the earliest is Second Life, a virtual gathering place that began in the aughts.
Fortnite, a video game with a building component, as well as Roblox and Minecraft, are newer, more advanced examples.
A metaverse is a shared, persistent digital area for meetings, games, and socializing at its most basic level.
Some predict a future in which multiple metaverses are interconnected,
while others see a variety of separate digital realms with their gates closed.
To Know Exactly Why People Are Paying Millions For Land in the Metaverse. Please Click below