It's like buying land in the real world, but cooler. Metaverse real estate explained ⬇️
To understand the appeal of metaverse real estate, it's worth taking a step back and looking at the appeal of NFTs as a whole. On a technological level, NFTs provide legitimate digital proof of ownership. This is valuable in a world where it’s all too easy to copy files without any discernable difference.
Another appeal of NFTs is their investment potential, which is why many people hold them speculatively. During strong markets, NFT prices have generally followed rising market prices. NFThave, in some respects, also been a result of celebrity and media hype over the technology.
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