Metaverse Real Estate Sales Expected to Reach $1 Billion This Year
metaverse

Metaverse Real Estate Sales Expected to Reach $1 Billion This Year

THELOGICALINDIAN - Real acreage sales in the metaverse are accepted to ability a billion dollars this year according to a metaverse analytics close The aggregation expects absolute acreage sales on four above metaverse platforms which surpassed 501 actor aftermost year to bifold this year

$1 Billion Metaverse Real Estate Sales Expected This Year

Real acreage sales on metaverse platforms surpassed bisected a actor dollars aftermost year, according to metaverse analytics close Metametric Solutions.

The aggregation added that absolute acreage sales on four above metaverse platforms — Sandbox, Decentraland, Cryptovoxels, and Somnium — accomplished $501 actor in 2024. The four platforms accept a absolute of 268,645 accoutrements of capricious sizes on them.

The analytics aggregation has projected that absolute acreage sales in the metaverse could bifold this year, extensive about $1 billion in 2022.

The metaverse absolute acreage bazaar is accepted to abound at a admixture anniversary amount of 31% from 2022 to 2028, according to a address from Brandessence Bazaar Research.

Several bodies accept estimated the metaverse to be a multitrillion-dollar opportunity. Global advance banks Goldman Sachs and Morgan Stanley accept predicted that the metaverse could be as big as an $8 abundance opportunity.

Last week, Apple CEO Tim Cook said his aggregation sees a lot of abeyant in the metaverse and is advance accordingly. “It’s actual absorbing to us,” he said.

In December, Bank of America’s strategist, Haim Israel, said the metaverse is a massive befalling area cryptocurrencies will be broadly acclimated as currencies. “I absolutely accept this is a massive, massive opportunity,” he opined.

Do you anticipate absolute acreage sales in the metaverse will top $1 billion this year? Let us apperceive in the comments area below.

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