Two Reasons to Buy a Metaverse Real Estate Dip

Things are starting to improve a bit across investment markets, but it’s clear that the crypto winter hasn’t thawed enough yet to put away the snow boots. Indicates the end – finally.

There are still plenty of opportunities to buy declining crypto assets like non-fungible tokens (NFTs) including Metaverse real estate. Unlike many other NFT assets, virtual real estate has utility far beyond its price. Still, who wouldn’t want to win a bargain?

Here are a few reasons to buy Metaverse dips while you still can.

1. Despite rumors to the contrary, virtual real estate still has great value

It’s true that, on average, virtual land prices have dropped considerably since around March, but this one data point doesn’t tell the whole story.Percentage of both properties for sale Decentraland (Mana 3.21%) When sandbox (sand) Decentraland’s sales reached 0.97% in July, while The Sandbox’s sales fell to 1.01% in June.

Both Decentraland and The Sandbox saw similar declines in sales. This indicates that speculators may have exited the platform for now because the cash left to earn was no longer quick and easy. Simply put, there are very few properties available for sale at the moment, and more owners seem to be holding virtual properties. Despite this, some properties are still above their original sales prices.

For example, The Sandbox LAND 152034 was originally sold on July 22, 2021 for $2,290.93 and was recently resold on July 14, 2022 for $5,540.70, up nearly 142% from its original sale price. In Decentraland, EST 3723 recently sold for around $82,391. This is up significantly from his initial price of just over $23,000 on January 24, 2021.

2. Purchasing cheap metaverse real estate means significantly lowering the cost of entering a metaverse business

Whether buying Metaverse real estate as a marketing tool for an existing company or as a larger investment in the Metaverse real estate rental portfolio, spending less money on that property can significantly reduce project input costs. means to Lower long-term investments can make marketing costs much more affordable. And you’ll get a more dramatic return on your rental unit than if you bought it in December.

In a recent interview with Fast Company, Sam Huber, owner of virtual property developer and landlord Admix, said the properties his company custom-designed and rented out to brands cost $60,000 per month per property. I explained that I was making money. Some profit margins he reaches as high as 70%.

As with real-world real estate, rents are based on the market, not the price you pay for the property. Paying less today means more money in your pocket each month and more equity in the long run.

Interest in Metaverse Real Estate Still Strong Despite Crypto Winter

The Metaverse is still a place where people are totally fascinated and interested in investing their time and money.This is the Bored Ape Yacht Club other side (Ape), continues to sell a lot. Otherside, for example, in his 30 days ending July 27, 2022, he had 4,706 sales, worth more than $30 million.

Facts about new projects from brands like keurig doctor pepperof (KDP 0.10%) Snapple and Paramount Globalof (Para -4.15%) CBS still appears in the metaverse, regularly showing that money is still pouring into this emerging technology space. As the metaverse continues to grow, there are many long-term possibilities for virtual real estate investors.

Kristi Waterworth has positions at ApeCoin, Decentraland and Sandbox. The Motley Fool has no positions in any of the companies mentioned. The Motley Fool’s U.S. headquarters has a disclosure policy.

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