Mark Cuban: Buying Real Estate in the Metaverse Is ‘the Dumbest' Idea Ever

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Billionaire investor Mark Cuban says buying virtual land on metaverse platforms is “the dumbest s— ever.” But some companies have spent millions on plots.

In some cases, virtual real estate went for as much as a physical house. Republic Realm, an investment firm that owns and develops virtual real estate, dropped a massive $4.3 million on a digital property located within The Sandbox, one of the largest metaverse platforms,A virtual plot next to Snoop Dogg's digital mansion within The Sandbox was purchased for $450,000 by an NFT collector who goes by the name"P-Ape" in 2021.

Given the unpredictable nature of the metaverse and cryptocurrency, financial advisors recommend only investing as much money as you're prepared to lose. There are no guarantees that you'll earn a profit from your investment.It’s easier than ever to buy crypto with a credit card—but here’s what to know first

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MakeIt Why can't Mark Zuckerberg just buy himself a palace in the metaverse, move in and we lock the door behind him.

MakeIt I wonder if he still thinks he can’t beat Trump? Join the mix.

MakeIt It’s almost as dumb as the idea of buying an address or “site”on the the web….i mean, who would pay to have a “web-site”? 😋

MakeIt I can only afford $100 to buy an apartment in Metaverse. EnronChairman alifarhat79

MakeIt People who buy stablecoins and get burned are degenerates & yolo. EnronChairman alifarhat79

MakeIt You will own nothing and be happy.

MakeIt That's his own opinion not actually the fact

MakeIt Let’s look at his Crypto background and see how he holds up

MakeIt He doesn’t know what he is saying. Old people don’t understand the trend

MakeIt Don’t knock it till you try it, Mark. I bought a house in the metaverse for $10k and now all my characters have a roof over their head.

MakeIt I agree.

All of his shark tank investments are a failure/loss. So this means nothing.

But there’s unicorns there too!

He would know!! 🙄 😒 🤦‍♂️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in PROPERTY

Property Property Latest News, Property Property Headlines