Establishing Metaverse as the new real estate hot-spot
The hottest real estate component is no longer limited to coastal areas or the central business district of cities. Instead, it is the virtual world or Metaverse in which land is selling for exorbitant prices. In 2017, a land token on the Metaverse cost a mere $20. These parcels of land sold for $6000 in 2021. Today, we are seeing land tokens being sold for $15,000 each. It is relatively new, and investing in it poses risks. But it can offer promising returns.
To help our client sell real estate and houses in the Metaverse. Anybody can visit, view and have an immersive experience of the entire property before investing in it.
• Metaverse properties are a very niche marketplace with limited interest. • The failure of a Metaverse platform leads to cumbersome losses. • Identification of credible platforms to invest in can be tricky. • There will not be a thousand percent of returns from these investments.
• To combat these challenges and help clients sell real estate in the Metaverse, Rwizen’s team has been working to develop Augmented Reality (AR) and Virtual Reality (VR) based solutions. • We are committed to building a safe and secure platform for investments. • By using this new-age technology, people would be able to buy and sell land, attend concerts, shop, play games, and socialize. • Since there is hesitation from users to invest, offering a reliable platform and educating them on real estate in the Metaverse will make them confident to invest and grow the market. • This method saves resources, builds trust and motivates people to take the plunge and explore the Metaverse because it is explained in a simple, easy-to-grasp language.
The real estate market in the Metaverse is booming, and it is evident from the skyrocketing prices from five years ago. There is heavy funding in this world, and it is only expected to grow.
