Would You Pay $200K For Virtual ‘Real’ Estate?

“Fictional real estate” sounds contradictory in itself, yet they are selling for as much as $200,000.
 
As global population increases, real estate values spike up where human activities are dense. And it’s becoming much harder for the younger generation to afford properties at their current value—as the case of Britain shows.
 
But while some cannot even afford a small patch of real-world property for themselves, some are throwing enormous amounts of money for “real” estate in another universe—a Metaverse, to be more precise, in a virtual reality world called Decentraland.
 
If you are familiar with the game Second Life, this is like a far descendant of that. And if you have seen Steven Spielberg’s “Ready, Player One,” or read Ernest Cline’s science fiction novel from which it was based—it’s much closer to that world, called the Oasis, based on their presentation video.

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And here is their short introduction video.

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Source: Coin Geek

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