A bamboozling concept to some and mere stupidity to others, nothing quite garners such a dismissive response as the mentioning of Metaverse real estate in the CRE space. Mark Cuban stated that buying real estate in the metaverse is “the dumbest s*** ever” due to the traditional notion of land scarcity underpinning value being absent in the metaverse. Whilst in 2023 many news outlets, including the Business Insider and The Guardian, have firmly announced the metaverse as “dead.”
Digital real estate is alive and kicking
Green Chronicle
