Investors are paying millions for virtual land in the metaverse

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

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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.

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


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