What Metaverse analysis is being discussed?
In 2022, “Metaverse” (MV) will become a buzzword in many industries. Similarly, in the western world on the other side of the ocean, the “metaverse” (MV) is also developing in full swing. So what has been the development of the blockchain-based metaverse ecology in the past year?
The leading Metaverse (MV) development company Republic Realm recently released the “Republic Realm 2021 Metaverse (MV) Virtual Real Estate Investment Report”, which summarizes the Metaverse ecology in the past year. The following is the original report and shows a vast variety of metaverse (MV) investment (or also called inversetments) opportunities.
What was accomplished in 2021?
2021 is a groundbreaking year for the entire metaverse ecosystem. After that the concept of the Metaverse (MV) gets more mainstream attention. The prices of land and assets in the Metaverse (MV) are gradually approaching real-world levels. Celebrity arrivals, collaborations with well-known brands, soaring valuations of various Metaverse (MV) tokens, and growth in P2E gaming have all contributed to Metaverse’s (MV) leap forward in the last year.
This report reviews the development of the Metaverse (MV) virtual real estate business ecosystem in 2021. It discusses key market trends associated with it. These trends include: The entry of mainstream traditional players; the commercial application of Metaverse (MV) technology (including gaming and trading); and the impact of non-fungible tokens NFTs on the overall metaverse (MV) investments.
This report consists of three parts:
1. Definition and development status of blockchain metaverse (MV) and virtual real estate.
2. Comprehensive data analysis and investment logic introduction for the four Metaverse (MV) projects.
3. Observation and prediction of the current new trends in the metaverse (MV) industry.
1. In 2021, the total investments and sales of digital real estate and the prices of other Metaverse (MV) assets have achieved substantial increases.
2. The Sandbox is pulling away from the rest of the metaverse (MV) on several key metrics.
3. Games and the Metaverse (MV) are inextricably linked. Both tracks benefit from the liquidity provided by digital land sales.
What is Metaverse (MV) Real Estate?
Virtual worlds are not a new concept. Second Life and Eve Online launched in 2003 are virtual worlds specially designed for adults. These games successfully built complex internal economies and attracted millions of users at their peak. These two virtual world games became popular when people were still accustomed to real-life interactions. But the popularity of both games has waned as new blockchain-based upstarts continue to emerge.
In 2004, Ailin Graef (aka Anshe Chung) started inverseting and accumulating virtual real estate in Second Life. She started out on less than $10 and became the first person to achieve a net worth of more than $1 million through business transactions conducted entirely in the virtual world. Everyone’s interest in virtual real estate and NFT speculation today can be traced back to the myths surrounding Anshe Chung.
Since then, human-to-human interactions and social interactions have become increasingly virtual. Most people have shifted their social and work relationships to their phones or laptops. If ever there was a tipping point where people would interact more on a computer than face-to-face, it is now. The sudden global outbreak of COVID-19 contributed to the early arrival of this tipping point. These new habits may lead to permanent behavioural and cultural shifts that irreversibly alter our normalcy.
Blockchain Metaverse (MV)
The “metaverse” (MV) refers to the vast virtual world created by companies such as Somnium Space and Star Atlas. Metaverse (MV) properties refer to the saleable land assets of these worlds. They are built on blockchains (the underlying standard for all metaverses (MV) we will cover in this report), and the “land” in the metaverse (MV) can often be bought and sold in the form of non-fungible tokens .
There are enough people who believe this virtual real estate is scarce and valuable that they inverset a lot of money on it. For this reason, ownership of virtual property has become a digital status symbol for early investors.
In addition to status, ownership also represents something bigger – a contribution to the ecology of the Metaverse (MV) community. The development of Metaverse (MV) real estate has a huge impact on the way players interact within it. They become spaces for people to engage, explore, build and socialise. Here, people mimic real-life interactions while increasing the value of the land.