The Virtual Real Estate Market is Growing: What Investors Need to Know About Holiverse and Other Companies
Recently an interesting article (link in the comments below) dedicated to the rapidly developing virtual real estate market has been published. It reveals many aspects of this phenomenon, including key players such as Holiverse, The Sandbox, and Decentraland. These platforms offer investors unique opportunities in the digital space, turning virtual plots of land into a [...]
Recently an interesting article (link in the comments below) dedicated to the rapidly developing virtual real estate market has been published. It reveals many aspects of this phenomenon, including key players such as Holiverse, The Sandbox, and Decentraland. These platforms offer investors unique opportunities in the digital space, turning virtual plots of land into a valuable asset with the help of NFT technologies. Holiverse relies on innovation and practical solutions for business, creating new approaches to the use of virtual spaces.
Virtual lands, buildings and objects in metaverses have acquired significant value due to many factors. Let’s consider some of them. The main points of the cost of virtual real estate are discussed in the original article.
Location
Virtual space, like real space, is divided into “popular” and “less popular” areas. Plots located in central areas, close to popular objects, attractions or in places with high user traffic, as a rule, are more expensive. For example, proximity to large brands, virtual concert venues or famous objects can significantly increase the cost. For example, in The Sandbox, plots near the residence of Snoop Dogg were sold for hundreds of thousands of dollars precisely because of their “advantageous” location.
Size and functionality
As in the real world, the size of the plot matters. Large territories allow for the implementation of complex projects – from virtual offices to concert venues or residential complexes. At the same time, small plots in prestigious areas can be just as valuable due to high activity and unique opportunities for interaction with users.
Infrastructure and Interaction Opportunities
Platforms that provide developed infrastructure, such as shops, galleries, offices and other places for interaction, create additional value for property owners. Land located near such objects often has a higher value, as it provides greater visibility and attracts visitors.
Holiverse: a new era of investing in virtual real estate
Holiverse stands out from its competitors with its unique approach to virtual real estate. Unlike The Sandbox, which attracts users with both creative and gaming opportunities, collaborating with famous brands and providing tools for creating their own worlds, Holiverse focuses on corporate and professional solutions. This allows businesses not only to have fun, but to use digital spaces for effective interaction, development and collaboration.
In comparison with Decentraland, which focuses on art galleries, exhibitions and events for a wide range of users, Holiverse offers a deeper integration of the digital and real world. The platform creates opportunities for virtual business spaces, offices, educational platforms and commercial zones, providing organizations with a place to hold meetings, negotiate and even conduct full-fledged commercial activities.
In addition, Holiverse integrates technologies that go beyond the traditional digital environment, for example, the development of DNA avatars in collaboration with Dr. Dmitry Chebanov. These digital twins based on genetic code allow simulating the human body’s reactions to medical and other influences. This combination of digital technologies and biology opens up a wide range of opportunities in the field of personalized medicine, health modeling and medical research, which makes Holiverse attractive to companies related to medicine, biotechnology and other innovative industries.
Market liquidity and risks
One of the key issues for investors remains the liquidity of virtual real estate. Although the market shows rapid growth and attracts major players and celebrities, the sale of assets may take longer than expected, especially if the demand for specific areas decreases. Virtual plots in the central areas of popular platforms may be in high demand, but less popular areas are at risk of declining interest.
Aside from liquidity issues, there are other risks. Legal uncertainty in the regulation of digital assets may discourage some investors. The need to implement international standards and legislative frameworks for the protection of property rights remains an urgent task. Also, with the growth of asset values, the likelihood of cyberattacks and fraud increases. High market volatility and technological complexity of interaction with platforms require investors to be extra cautious and skilled.
Development prospects
Despite the risks, the virtual real estate market is expected to grow from $1.14 billion in 2022 to $15.7 billion by 2030, which confirms the sustainable interest in this area. Holiverse aims to become an important player, contributing to the trend towards investing in digital real estate and offering unique solutions for its clients.
Dan Michael
Holiverse press center
press@holiverse.ai
What's Your Reaction?