Archives for Metaverse - Page 6
Otherside NFT Sales Breached $300 Million
As widely expected, Yuga Labs' Otherside metaverse land drop last night proved highly successful and surpassed $300 million. Yuga Labs charged 305 APE tokens for every deed (presumably representing a…
Rise of the Metaverse: Investors Spending Fortunes Buying Virtual Real Estate in Decentraland
In just the past two week, over $100 million in metaverse land has been sold. According to some industry insiders, the opportunity in metaverse virtual lands could increase 200-fold over…
Investors Continue to Snap Up Metaverse Real Estate
There is a significant rise in virtual land transactions and the driving principle in this new goldrush is the same as that of the physical world: location. Interest in the…
Unwrapping the Metaverse: What is It?
The term ‘metaverse’ came into prominence following Facebook’s rebranding and its very public pivot towards the development of a metaverse. Since then, it has become something of a buzzword, even…