Investors are paying millions for virtual land in the metaverse

Real estate in virtual worlds — sometimes called the metaverse — is going for millions of dollars in some cases.

The most expensive spots are near where lots of users congregate — for instance, someone recently paid $450,000 to be Snoop Dogg’s neighbor in a virtual world called the Sandbox.

https://www.cnbc.com/2022/01/12/investors-are-paying-millions-for-virtual-land-in-the-metaverse.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

What do you make of this? Legit or new level of crazy?