Metaverse property market attracts investors

By the middle of this year alone, more than $120 billion had flowed into the metaverse, more than double the total for all of 2021. 79 percent of its active users have made purchases in it in the past 12 months, and 13 percent have set their sights on buying a virtual property, according to a McKinsey & Company report. One of the most promising segments of the metaverse is virtual real estate – last year the value of transactions in this market exceeded $500 million.