Companies are betting big on real estate in the metaverse

Yahoo Finance published this video item, entitled “Companies are betting big on real estate in the metaverse” – below is their description.

#metaverse #realestate #realestatemeta

This segment originally aired on May 13, 2022.

Metaverse investor Angelica Saldaña sits down with Yahoo Finance Live anchor Rachelle Akuffo to discuss how companies are buying up digital real estate in the metaverse, NFTs, and the various metaverses that are being developed.

Yahoo Finance YouTube Channel

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In This Story: metaverse

A metaverse is a network of 3D virtual worlds focused on social connection.

In futurism and science fiction, the term is often described as a hypothetical iteration of the Internet as a single, universal virtual world that is facilitated by the use of virtual and augmented reality headsets.

The metaverse is something which many in the early 2020s are actively engaged in developing: an entirely online, virtual and alternative reality, in which people will be able to conduct many forms of business and social interaction – virtually.

The movement towards a metaverse gathered significant pace and attention when Facebook’s parent company rebranded itself to “meta” in 2021.

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