“RIDICULOUS AND cool.” That is the architectural brief for a new office tower under construction in the Crypto Valley, a business district of Decentraland, a virtual platform built on the Ethereum ...
In the metaverse, it's possible to play games, attend concerts — and buy virtual real estate. Virtual land is basically a form of nonfungible token, or NFT, that is paid for with cryptocurrency. We ...
Andrew Kiguel, CEO and co-founder of Tokens.com, invested the equivalent of $2.6 million in virtual real estate. He says investors are ignoring investing in the metaverse at their own peril. According ...
More and more people are participating in virtual worlds on the Internet, and where people go, litigation follows. A recent case, Bragg v. Linden Research, raises a number of real-world legal issues ...
Illuvium co-founder Kieran Warwick has sold a virtual land plot in Axie Infinity for $28,000 after purchasing it last year for $300. Kieran Warwick, the co-founder of forthcoming NFT-powered gaming ...
In December 2021, a fan of the musician Snoop Dogg paid $450,000 to purchase “land” in the metaverse next to Dogg’s virtual property. According to HipHopDX: “Dogg has been developing his own ...
Interior property data company CubiCasa announced the launch of an interactive touring product for listing agents. The new CubiCasa Tour product will create interactive, virtual property tours within ...
The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs. A Chinese court in the city of ...
Rodolfo Delgado is the Co-Founder & CEO of Replay Listings, a technology platform that brings transparency and honesty to real estate. As the CEO of a proptech firm and a technology enthusiast, I get ...
Non-fungible tokens or NFTs have been declared "virtual property" holding "value" for intellectual property rights, and might even benefit from regulation under China's e-commerce laws, according to ...
The metaverse, the new digital frontier where users can attend virtual concerts or purchase digital assets like land, has been hit with fraud. Cybercriminals use phishing links that imitate the ...