Note: This is not financial advice. This is for educational purposes only. Please note that metaverse digital assets are a highly speculative market; only invest what you can afford to lose.
It’s bizarre, strange and downright freakish, isn’t it? I never in my wildest dreams thought I’d be writing a how-to on purchasing real estate in the metaverse, but here we are. People are actually scrambling to buy virtual land — yes, virtual — meaning it lacks tangibility and doesn’t exist in the physical world. You technically can’t see nor touch it, but folks are paying tens of thousands of dollars to own one.
Laptop Mag recently interviewed a Las Vegas resident who purchased a virtual gas station inside a play-to-earn game called PolkaCity.
You may snort at the absurdity, but that online petrol station pays out weekly passive income, yielding $16,000 a month. Who’s laughing now? The PolkaCity gas station is currently sold out, but don’t worry, there are other digital real estate options up for grabs inside metaverses such as Sandbox, Decentraland and more.
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