A Surge In BFR Market While Home Price Records An All-Time High
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The Effects Of Metaverse on the American Real Estate Market
From 2021 to 2026, the metaverse real estate market share is predicted to grow by USD 5.37 billion at a compound annual growth rate (CAGR) of 61.74 percent (Business Wire). This article will give some significant insights into the impact of metaverse on the real estate market.
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A History of Real Estate Market Growth
The promising real estate market in 2022 already had a lot to offer. What key trends will shape the real estate industry in 2023? Let's find out here in this article!
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People Can Now Invest In Real Estate Through A Virtual World
Decentraland, a 3D world created by Meilich and Ordano released in 2020, is a blockchain platform giving customers’ virtual lands ownership by using Non-fungible tokens, indicating various digital assets, including audio and video files virtual land (NFTs). This Ethereum-based blockchain platform allows users to purchase, construct, and monetize virtual reality applications—all the transactions in this virtual world use MANA, a cryptocurrency of Decentraland.
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