Metaverse concept hits real estate
The concept of the metaverse is very popular, and it has also become popular in the real estate field. Why? A company that invests in and develops virtual real estate, an American company bought a piece of virtual land for USD 4.3 million, equivalent to about RMB 27.4 million, and the sandbox game platform set a historical record. This very exaggerated price bought a piece of virtual land. land for real estate development.
In the domestic business, Lin Junjie also bought a piece of virtual land. In some related apps in China, a set of so-called semi-sea view villas with a price of 88 yuan, of course, the virtual sea view is also priced at 100,000 yuan. Just frightened people. Now, real estate reselling in the Metaverse has become an important business on the Xianyu app. Real estate speculation has nothing to do with the actual house. Why? Because the house has the function of living, everyone knows this, and the house in the Metaverse only has investment properties and has no living function at all, so there is an essential difference in this.
In fact, the house in the Metaverse is not even a house. It is just a piece of code. The reason why it has investment value and investment attributes may be that these codes cannot be tampered with in the current technology, so it has become unique. It is a bit like the type of Bitcoin, it is immutable and unique, which is a bit close to the non-standard properties of real estate, but in essence, metaverse real estate and Bitcoin belong to the same type of investment type. It seems that this thing packaged as real estate in China is easier to explain and understand by retail investors and investors, easier to explain to them, and easier to be accepted by investors.
Metaverse real estate may soon rise or even become popular in China. This is a result of the concept of lack of investment channels in China and love of houses. Secondly, the management may soon introduce relevant prohibition policies. In essence, Metaverse real estate and Bitcoin are the same thing, they are both virtual and completely speculative, and the inflation rate of these digital code bubbles may be dozens of times faster than real houses, or even Thousands of times more possible.
This article was originally published on the "" public platform, so stay tuned for more in-depth interpretations of the Metaverse.