POSSIBILITIES THAT POWER THE METAVERSE :
• A platform for meeting virtually
• The creation of futuristic workplaces
• Providing an avenue for new marketing and advertising possibilities
• Virtual tourism , combining augmented and virtual realities to offer authentic experiences
• Providing remote learning opportunities with realism Novel ways to gaming , social interactions , and investing
METAVERSE ’ S VALUE PROPOSITION
Virtual land is selling for hundreds of thousands of dollars . An unidentified buyer recently purchased virtual land for $ 450,000 to be Snoop Dogg ’ s neighbour in Decentraland . With major companies like Nike , Go Daddy , LA Comic Con and Infinity jumping into the metaverse , this virtual rush for land seems to be the next big thing .
Although the metaverse has not hit mass adoption yet , early adopters , tech specialists , and enthusiasts have found viable reasons to buy virtual land and participate in the metaverse .
SA Real Estate Investor Magazine AUGUST 2022 161