‘I Don’t Think Anyone Should Buy Land in Any Metaverse Right Now’

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‘I Don’t Think Anyone Should Buy Land in Any Metaverse Right Now’
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What does it mean to broker real estate in the metaverse? Should you build a waterpark there? bridgetgillard got the answers to those questions and more

But in the metaverse, where Mark Zuckerbergthis week while promising legs to his fellow avatars, a crash has more definitively arrived. Prices for virtual land are down almost 85 percent since January.

I would say it’s an alternative way to advertise for your business. Just think about when you’re on Instagram or Facebook and there are ads on there. That’s essentially like you’re buying digital real estate, right? You’re buying ad space. So real estate in the metaverse is — there’s actually a plot of land, but it’s really just that you either host experiences and charge people or you advertise for your business in the real world.No, I mean, not yet.

I would call myself a consultant. I would find buyers and sellers and connect them. I didn’t market anyone’s land or list it for them, because there’s not really a platform to do that — I was actually creating a platform to do that, like a Zillow for the metaverse, called Digiland. I can’t call myself a broker because there’s no way to actually do that legally in the metaverse.No — that’s definitely a really good idea, though. And honestly, that’s what I was trying to do with Digiland.

So when you are — or when you were — explaining the value of metaverse real estate to a potential buyer, what is the value?

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