Millions of Americans Have Bought Digital Real Estate in the Metaverse, Here’s Why / Digital Information World

The metaverse is one of the most exciting new pieces of tech in the industry because of the fact that this is the sort of thing that could potentially end up changing the nature of reality and immersing consumers into wholly digital experiences. The pros and cons of the metaverse are still being debated, with numerous consumers still unaware of what it even is, but in spite of the fact that this is the case nearly 3% of Americans have already bought digital real estate in the metaverse.

An additional 8% of American adults stated that they have an interest in investing in a digital plot of real estate, even though 52% said that they had never heard of digital real estate before. This trend began with the creator of the notorious Bored Ape Yacht Club which is a selection of NFTs many of which have increase their value several times over.

The initial sale price for an NFT that represented a plot of digital real estate in the metaverse was around $6,000,…

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