Metaverse real estate sales reached $501 million in 2021 and could reach nearly $1 billion this year. A crowd of some 50,000 people on April 22, 1889, waited for the sound of a bugle’s blast at high ...

The real estate sector is constantly evolving, and one technology has emerged as a true game changer: virtual reality (VR). With its captivating and immersive experiences, VR has captured the ...

Spurred by fear of missing out on the next big thing, large corporations and institutional investors are gobbling up choice digital real estate, with virtual parcels being bought up almost faster than ...

As more people move their lives online, the demand for virtual worlds and online spaces has increased. We are constantly building our digital presence from social media to cloud storage. Now there is ...

Commercial real estate broker and developer Jay Gaudet's biggest recent career breakthrough came from watching his daughter play Roblox. When she asked him for money to buy a virtual house on the ...

The number of virtual real estate deals is rising as quickly as their real-world value. Republic Realm, an investor and developer of virtual land, paid $4.3 million on Tuesday for property in The ...

Metaverse real estate consists of parcels of lands in virtual worlds that are programmable, allowing people to play games, socialize, attend virtual meetings, and even sell NFTs. Similar to tangible ...

A growing number of investment firms are acquiring digital land in worlds like The Sandbox and Decentraland, where players simulate real-life pursuits, from shopping to attending a concert. Those ...

Virtual real estate platform Decentraland, once valued at $1 billion, is now in free fall. Revenues have absolutely cratered over the last year, The Block reports, with only a handful of users ...

The most expensive and largest plots of real estate have always been something sought after by big celebrities, and the newest virtual land is no different. We're told a Dubai-based company 'Megavrse' ...

Can surging valuations on digital real estate provide better returns -- without the repairs and property taxes of the physical world? As we watch housing prices in various big-city markets surge, ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Imagine a virtual world that enables you to immerse yourself entirely in it along with your ...