9/10/2023 0 Comments Buying virtual real estate![]() The pandemic almost certainly helped propel this trend, as in-person meetings became difficult, and online social events became normalized. ![]() It’s a digital-era mix of design, entertainment, interaction - and monetizing all of the above. To do it all, they’ll also be buying up the cryptocurrencies accepted on the various blockchain platforms where they choose to make their purchases. The teens and twenty-somethings of Generation Z are bound to invest in a culture with both virtual and traditional real estate on offer, right? And, even before that stage, they’ll be ordering virtual (and real) clothes, shoes, vehicles and houses. After all, the narrative goes, they are digital natives. ![]() Millennials and younger people, especially, could be hanging out often in these places. The Allure of the Metaįacebook is one of the best-known tech firms banking on a future of online shopping malls, remote game nights, near-perfect digital concerts featuring real performers, places to meet and greet real people virtually, and ways to interact with friends and family wherever they are on the globe. ![]() Now, Facebook plans to hire 10,000 people in Europe to help its proprietary metaverse get out in front. So this is why Facebook has been suggesting that people make all those cartoonish avatars of ourselves? Similar elements feature in Roblox and other online game concepts. By combining real and online worlds, the metaverse, says Facebook, will be “the next evolution in a long line of social technologies.” In October 2021, Facebook changed its name in homage to the metaverse. ![]()
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