Metaverse 101: The Fundamentals Every Crypto Investor Needs to Know
We are living in a period where the methods and philosophy of traditional business are changing right before our eyes. And as a cryptocurrency investor, you’re at the center of it all – whether you realize it yet or not.
Where once you would buy a physical plot of land, a home, or a business, now you can own virtual real estate in an entirely new network of 3D virtual worlds created by advances in blockchain technology. (With plenty of opportunities to get rich while doing it.)
This new frontier is called the metaverse, which is a word you’ve likely heard by now.
You might even be indirectly invested in the metaverse already if you own Ethereum (ETH), as much of the tokens used in the metaverse are hosted on the Ethereum network.
But what is the metaverse? And why should it matter to you? That’s what we’re going to show you today.
Because here’s the thing.
Global real estate is now worth hundreds of trillions of dollars, but it is controlled by the wealthy and legacy corporations. Blockchain technology, on the other hand, has made it conceivable that more people will be able to access the market where transactions can be made more clear, protected, and equitable.
Knowledge monetizes forever. And with any groundbreaking technological innovation like this, there are virtually endless moneymaking opportunities to be seized – especially for those who get in early.
We’re only just beginning to unlock the metaverse’s potential, which means that now is the perfect time for you to get a head start.
Here are the fundamentals you need to know to start capitalizing on the metaverse today…
To give you a better understanding of what the metaverse is, why it matters, and where the biggest opportunities are, we will be covering the following:
- What virtual real estate is…
- Metaverse real estate investing and opportunities…
- Fashion in the metaverse…
- Metaverse property prices…
- And where to buy metaverse lands.
Let’s jump right in.
What Is Virtual Real Estate?
Virtual real estate consists of lands and buildings in place of personal possessions. This land is vacant property that is currently undeveloped; when joined with other purchased properties, this will raise the property value like in our physical world.
As we speak, this space is growing at breakneck speed. Some are even comparing this to the gold rush or the new oil.
Example of virtual real estate plots for sale in Decentraland.
Metaverse Real Estate Investing and Opportunities
There are virtually endless opportunities in metaverse real estate investing right now.
The metaverse group that is owned by tokens has currently integrated multiple ecosystems such as Decentraland, Sandbox, Somnium Space Cubes (CUBE), and Upland (UPX).
The biggest similarity between metaverse real estate and physical real estate is the importance of location, location, location. For instance, one NFT (non-fungible token) collector paid a staggering $450,000 for his plot of land just to live next to Snoop Dogg in his Sandbox metaverse.
Even major corporations like Samsung, Walmart, and Atari are already making a splash into the metaverse to grab their own piece of the pie.
Pictured above is Snoop Dogg’s neighborhood in the Sandbox; notice the corporate neighbors this trend is rapidly growing.
Samsung opened its first flagship store in the metaverse Decentraland.
Walmart has recently announced that they are entering the metaverse with options for customers to shop virtually.
Fashion in The Metaverse
Within the metaverse, fashion plays a huge role.
The metaverse brand tokens just recently acquired a 116-parcel estate in the fashion street in Decentraland. This will position them to have the first metaverse NYC Fashion Week inside Decentraland – a contract worth $618,000 MANA (Decentraland coin), which values at $2.4 million.
The first metaverse fashion company.
The first metaverse fashion company that started on the Solana (SOL) blockchain is called Space Runners. The art is amazing, but even more important than that is the utility the project provides.
The first launch of this project that was done with NBA Stars Nick Young and Kyle Kuzma completely sold out in 9 minutes, and the current floor price (entry buying point) is 7 SOL.
A sold-out pair of Space Runners designed for NBA star Nick Young.
The perks of the utility that is provided with this project include NBA courtside tickets, exclusive access to events and celebrity parties, and autographed merchandise from Young and Kuzma.
The opportunities to monetize are endless.
Metaverse Property Prices and Where to Find Them
The prices of land in the metaverse are fluid just as they are in the physical world. Depending on what platform you choose to buy your property from, the floor price will vary. Currently, the average floor price ranges from $1,000 to $25,000.
It’s important to keep in mind that some of the main variables that influence prices are the corporations that are buying and the ecosystems where the real estate is located. The mainstream well-established platforms like The Sandbox and Decentraland are more expensive than newcomer Vault Hill because they have more traffic and users.
Another variable that can influence prices is the re-sale market as it does in the physical world; the property value will increase over time, thus raising the overall property value.
For example, the cheapest plot you can currently purchase within The Sandbox is $12,000, Decentraland is $15,000, and Somnium is $5,000.
You’ve now been introduced to the metaverse and all its potential. Soon, we’ll share exactly how you can invest in the metaverse to capitalize on the promising future ahead – so keep an eye on your inbox.
But you don’t have to wait until then to dive in…
Tom Gentile recently released a crypto trade recommendation to American Institute for Crypto Investors members that taps into the profit potential of the metaverse. According to him, “the future of this coin as the metaverse exponentially grows is HUGE heading into 2022.”
Current members can access the detailed trade instructions on this coin right here. And if you’re not yet a member, you can find out how to join and access that trade alert by clicking here.
Take care,
The American Institute for Crypto Investors Research Team