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What Is Digital Real Estate?

By Kristi Waterworth – Updated Jun 4, 2024 at 2:43PM

Key Points

  • Digital real estate exists in the metaverse, akin to buying virtual land.
  • This virtual property, unique and secured as NFTs, can be developed or rented out.
  • Its value stems from scarcity, location, and community engagement.
Key findings are powered by ChatGPT and based solely off the content from this article. Findings are reviewed by our editorial team. The author and editors take ultimate responsibility for the content.

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