Metaverse land sale volumes. Source ... reporting substantial second-quarter losses. METV daily price chart. Source: TradingView Nonetheless, corporations, venture capital funds and private ...

But real estate values have had a rocky ride. Land prices in the four major metaverse platforms, The Sandbox, Decentraland, Cryptovoxels and Somnium Space, have fallen 50 to 80% this year ...

Metaverse sector information chart. Source: CryptoSlate A Glassnode report shows that despite declining prices and fading hype ... eye-catching virtual land deals, and massive promises ...

Meta Platforms and Microsoft have also signaled less bullishness on the metaverse recently. Meanwhile, prices for virtual land are down nearly 90% from a year ago. Elon Musk seems at peace with ...

You'll also need to familiarize yourself with metaverse land prices, which can range from a few thousand dollars to over $1 million, and then become acquainted with a map of Decentraland ...

According to data from metaverse analysis site WeMeta, the average virtual land price has dived by over 80 percent to date, and the trade volume of virtual properties also plummeted by over 90 ...

But the metaverse theoretically could never see a housing drought if you can just keep coding out more space. “Scarcity has been the major component in defining the price of land over the course ...

For a while, there was a real buzz around owning land in the metaverse. As one theory went ... betting on virtual property despite falling prices and declining user activity.