Metaverse: This is About Digital Twins, The Future, Big Money .. And Virtual REITs

Superstar investor Cathie Wood says the metaverse is a multitrillion-dollar opportunity that will infiltrate every sector: “It’s a big idea that will probably infiltrate — just like technology is, anyway — every sector in ways that we cannot even imagine right now,” she told Sara Eisen in a CNBC Pro Talk.

The most well-known iterations of the metaverse right now are games such as Fortnite and Roblox. Yet hype is building up around other projects: in The Sandbox metaverse, a parcel of land just sold for $4.3 million.

Our opinion here at bebc real asset advisory: we might very soon see virtual property and infrastructure REITs growing inside metaverse out of the needs of professional infrastructure and property management.

Credit: Market Insider

https://markets.businessinsider.com/news/stocks/cathie-wood-metaverse-property-sales-ark-invest-outlook-crypto-gaming-2021-12

Please feel free to subscribe to our newsletter service at our homepage.

Leave a Reply

Your email address will not be published. Required fields are marked *