Radio Free never takes money from corporate interests, which ensures our publications are in the interest of people, not profits. Radio Free provides free and open-source tools and resources for anyone to use to help better inform their communities. Learn more and get involved at radiofree.org

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 1

The post Can You Truly Own Anything in the Metaverse? 2 appeared first on CounterPunch.org 3 .


This content originally appeared on CounterPunch.org 4 and was authored by João Marinotti.

Citations

[1] Can You Truly Own Anything in the Metaverse? - CounterPunch.org ➤ https://www.counterpunch.org/2022/04/27/can-you-truly-own-anything-in-the-metaverse/[2] Can You Truly Own Anything in the Metaverse? - CounterPunch.org ➤ https://www.counterpunch.org/2022/04/27/can-you-truly-own-anything-in-the-metaverse/[3] Home - CounterPunch.org ➤ https://www.counterpunch.org/