People Are Buying Land in Metaverse For Millions Dollars

Not so long ago the crypt community was doubtful about whether NFTs would last, and now the new big trend in this field is here. Buying land in the Metaverse is on people’s minds now. DappRadar’s report says that there is already $106 million worth of it sold.

This amount was generated by four Metaverse projects within the last week. These are Decentraland, The Sandbox, Somnium Space and CryptoVoxels. Multiple metaverses keep appearing after Facebook’s Meta set the trend.

All of the four are based on Ethereum, although Solana-based metaverses als exist. The Sandbox claims to be less centralized than Meta, and its CEO and co-founder Yat Siu claims that you can fully own the items you buy there. 

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