With an expected CAGR of 31.2% from 2022 to 2028, the metaverse is one of the fastest growing economies globally. Developing a virtual world through the metaverse offers endless possibilities to create better spatial experiences. Its immersive and engaging virtual environment makes digital interactions feel real. This quality has caught the attention of major technology companies that are now betting on the metaverse as the future of the built environment. Therefore, investors and developers see the metaverse as a potential investment to improve the user experience and the sellability of a place.

What is Metaverse Real Estate?

Real estate in the metaverse refers to parcels of land and buildings in the virtual environment. Earth in the metaverse is…