![]() ![]() “But for those interested in getting exposure to high-risk, high-reward opportunities, this aspect of the crypto landscape is one that should be taken seriously. Sami Chlagou, co-founder and CEO of blockchain-based trading card game Cross the Ages, told GOBankingRates that there is currently a digital rush to invest in virtual real estate but that investing in this space can be seen as risky given that it’s still so up-and-coming. Indeed, as of the end of March, metaverse land performed 2.6 times better than ETH for the past year, despite the dip in land prices and growth in ETH prices seen last month, Meta Metriks said. dollar terms over the past month, owning land in the metaverse still turned out to be a better investment than holding ETH for the year as a whole, according to Cryptonews, which cites MetaMetriks data. If you are purchasing virtual land from the secondary market, most transactions tend to occur on marketplaces such as OpenSea.ĭespite the slump in land prices in U.S. Prices in the primary market tend to be relatively cheaper, but it is also very difficult to execute the transaction, as these land parcels tend to be sold within a matter of seconds, the Citi report notes. You can either execute it via the primary market or the secondary market. ![]() While the metaverse is quickly evolving, it is still in its nascent stages and as the Citi report notes, investing in digital real estate is still highly speculative. ![]()
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