In a virtual land grab reminiscent of the early days of the internet, prices for digital real estate in the metaverse are skyrocketing as major brands and investors rush to establish a presence in this emerging virtual realm. Leading the charge are tech giants like Meta, Microsoft, and Nvidia, who have collectively spent hundreds of millions of dollars acquiring virtual land parcels in popular metaverse platforms like Decentraland and The Sandbox…
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Metaverse Land Boom: Virtual Real Estate Prices Skyrocket as Brands Rush In
Radhika Pandey
I am Radhika Pandey, a passionate journalist deeply immersed in the dynamic realms of cryptocurrency, blockchain, NFTs, and the metaverse. As the Senior Editor at Urbannovas, I take pride in curating insightful news and updates that resonate with our audience's interests and curiosity. With a commitment to staying at the forefront of technological advancements, I strive to deliver accurate and engaging content that empowers readers to navigate the ever-evolving digital landscape with confidence and clarity.