A 31-years old Indonesian, named Clerkclirk, bought a virtual penthouse for $36,000 and sold it just two days later for more than triple the original price. Another investor in real estate in the metaverse, Armando Aguilar, proudly said, '''My metaverse backyard is appreciating more than my real estate.' Aguilar's virtual land in the Sandbox metaverse platform surged 1,400 … [Read more...] about Real Estate in the Metaverse: Market Trends, Opportunities, and Tips
Why Buying Million-Dollar Digital Real Estate Does Not Make Sense
Digital real estate is the hottest thing in town at the moment. Last year, the sales of digital land topped $500 million on the fourth biggest platforms, and there were multiple million-dollar digital real estate deals in, for example, Decentraland, Axie Infinity, or The Sandbox. With $85 million in sales in January this year, we can expect 2022 to be a record year for digital … [Read more...] about Why Buying Million-Dollar Digital Real Estate Does Not Make Sense
Why Is Tokenization Of Commercial Real Estate Popular?
Tokenization of commercial real estate can bring necessary change to the industry. Find out why everyone sees the future in the tokenization of commercial real estate. Tokenization is the method of creating a virtual token meant to represent ownership of an asset. NFTs or non-fungible tokens are the best examples of the tokenization process. The popularity of NFTs made many … [Read more...] about Why Is Tokenization Of Commercial Real Estate Popular?
6 Ways Predictive Data Makes Smart Real Estate Investors Rich
Predictive analytics leverages big data to combine past data, behavioral analytics, and real-time data to create a profile of customer preferences. Using algorithms, you can predict a customer's future buying patterns and what they will want. The predictive analytics technology can tell investors when it's the right time to buy or sell property, maximizing profits. It also … [Read more...] about 6 Ways Predictive Data Makes Smart Real Estate Investors Rich
3D In Real Estate Pros, Cons, Examples, and Challenges
3D real estate is quickly becoming one of the go-to tools for agents, shoppers, designers, and many other people working in the real estate industry. Since 3D real estate has so many practical applications, this shows us that it has an incredible amount of value, and you should consider implementing it in your business activities. Today, we will look at some of the ways 3D real … [Read more...] about 3D In Real Estate Pros, Cons, Examples, and Challenges