Metaverse land prices down 80% in six months – Robert Khodadadian

The digital environs of the metaverse are not enough to protect virtual property owners from a downturn towards reality. After surging in the fall, metaverse real estate values are plummeting, The Information reported. The drop in value and sales volume comes alongside a similar drop in the value of cryptocurrency and NFT prices in recent months. Metaverse real estate trade volume rose in November, following Facebook’s rebrand to Meta Platforms. The rebrand highlighted the metaverse’s

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Home Page, Tech, Commercial Real Estate, metaverse, Technology The Real Deal New York Read More