Virtual real estate is seeing a crash of its own as prices of land in various metaverses, as well as sales volumes, have plunged to the lowest levels in months - amid a broader crypto downturn that has seen around USD 2trn wiped from the crypto market capitalization.
According to a dashboard tracking metaverse sales by Dune Analytics, an open-source data provider, almost all projects have seen a significant drop in the sales volumes and average prices of their virtual land.... Read More: Virtual Land Sales Take a Plunge Amid Broader Crypto Downturn