Dec 03, 2021 23:00:00

Over 10 billion yen of 'Metaverse land' is being traded in just one week

A lot of attention is being paid to Metaverse, which enables interaction in virtual space, such as Facebook changing the company name to Meta.

Meanwhile, DappRadar, which handles NFT-related information, reports on the current situation where land in the Metaverse is being traded at a high price.

Over $ 100 million in Metaverse Land Sales Last Week
https://dappradar.com/blog/over-100-million-in-metaverse-land-sales-last-week

Gold Rush in the Metaverse, Land Selling for Millions – Top 10 NFT Sales
https://dappradar.com/blog/gold-rush-in-the-metaverse-land-selling-for-millions-top-10-nft-sales

The Metaverse platform that enables communication in virtual space may have a mechanism to purchase 'land' in virtual space as an NFT. According to DappRadar, the land in this virtual space is being bought and sold at a very high price. For example, one of the Metaverse platforms, The Sandbox , bought and sold a total of $ 86.56 million in land in a week. In addition, the land of 'Decentraland ' is $ 15.53 million (about 1.7 billion yen), ' Cryptovoxels ' is $ 2.68 million (about 300 million yen), and ' Somnium Space ' is $ 1.1 million (about 120 million yen). Is bought and sold in a week.

'The Sandbox land is the second most traded NFT collection in the world, and Decentraland land is the eighth most traded,' said DappRadar. I'm emphasizing. Also, if you check the price data of NFTs traded between November 22nd and 28th, 2021 compiled by DappRadar, the most expensive NFT traded is the land of Decentraland, which is priced at $ 2.42 million (about). You can see that it had reached 270 million yen).

'Undoubtedly, the land in the Metaverse is the next big hit in the NFT industry,' DappRadar said of the active trading of land on the Metaverse. DappRadar also said, 'The wave of attention to virtual worlds like The Sandbox and Decentraland began with Facebook's rebranding to Meta,' and Facebook's name change to Meta has made the entire Metaverse industry. It points out that it has been energized.