Metaverse virtual real estate is the new big winner in the crypto world, as leading virtual worlds recorded more than $100 million in NFT land sales in the past week, according to DappRadar data.
The Sandbox is leading the pack with both the highest number of traders and sales. The Sandbox also boasted the highest trading volume last week, taking in more than $86 million, while Decentraland followed in second place with more than $15 million traded for land plot NFTs.
“The rush to acquire land in the metaverse is driven by creatives who truly want to express themselves, and speculators who want to cash in. Unlike the ICO [initial coin offering] bubble in 2017, the metaverse has actual adoption and a thriving (albeit early) ecosystem” said Hayden Hughes, CEO of crypto social trading platform Alpha Impact.
https://www.yahoo.com/now/metaverse-virtual-real-estate-booming-221006563.html