The Next Real Estate Boom: It’s in the Metaverse

WrapPRO Special Series: Companies like Planet Hollywood, Sothebys and even J.P. Morgan are scooping up virtual land in Web3. Is it a sound investment? Or are they building in a landslide zone?

In some ways, it’s the ideal real estate investment. Prices are relatively low. Zoning laws are virtually nonexistent. And the views are pretty much whatever you want to make them.

But, of course, there’s one small catch: The land doesn’t actually exist.

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Antoinette Siu

Media and Tech Reporter • antoinette.siu@thewrap.com • Twitter: @antoinettesiu