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Can You Truly Own Anything in the Metaverse?

In 2021, an investment firm bought 2,000 acres of real estate for about US$4 million. Normally this would not make headlines, but in this case the land was virtual. It existed only in a metaverseplatform called The Sandbox. By buying 792 non-fungible t…

In 2021, an investment firm bought 2,000 acres of real estate for about US$4 million. Normally this would not make headlines, but in this case the land was virtual. It existed only in a metaverseplatform called The Sandbox. By buying 792 non-fungible tokenson the Ethereum blockchain, the firm then owned the equivalent of 1,200 city More

The post Can You Truly Own Anything in the Metaverse? appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by João Marinotti.


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João Marinotti | Radio Free (2022-04-27T08:05:41+00:00) Can You Truly Own Anything in the Metaverse?. Retrieved from https://www.radiofree.org/2022/04/27/can-you-truly-own-anything-in-the-metaverse/

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