Virtual Real Estate: The Next Big Boom

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When the digital artwork “Everydays: The First 5000 Days” by American artist Beeple sold at Christie’s for $69 million earlier this year, it was clear that a major revolution was afoot. That revolution is the rise of virtual assets, or NFTs, which have their ownership status and authenticity verified by blockchain — much like a deed.

It’s not just virtual artwork that is exploding, but also virtual real estate in the form of virtual plots of land or virtual buildings. Crypto-investors say that the real explosion will happen when people are able to experience these NFTs as they were intended — i.e. move around on your plot of virtual land or architect-designed virtual home and have an immersive experience in this ‘metaverse.’


Century 21 Real Estate Alliance

Century 21 Real Estate Alliance

Century 21 Real Estate Alliance is the largest Century 21 franchise in California with 9 locations across the San Francisco Bay Area.

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