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Billions being spent in metaverse land grab Nearly $2bn (£1.7 | 💎 NFT's & Metaverse Updates💎

Billions being spent in metaverse land grab

Nearly
$2bn (£1.75bn) has been spent on virtual land in the past 12 months, as people and companies race to get a foothold in the metaverse, research shows. With her giant dark red mohican and permanent cigarette, artist Angie Taylor's avatar does not look like a typical land mogul. But she is one of a growing breed of people staking a claim to new virtual worlds. Angie's plots are about the size of a small family house (if you compare them to the size of her avatar). The tallest stretches up over three floors and has a roof terrace with a white-and-black-striped road crossing, and a pink taxi permanently driving back and forth just for fun. Voxels is one of dozens of virtual worlds that describe themselves as metaverses.

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