Metaverse: virtual world gives property a Second Life

Narrowly beaten by NFTs to become Collins Dictionary’s Word of the Year, the Metaverse has had a meteoric rise over the last few months. It was only last October that Facebook’s name change to Meta was received with derision and memes, but now nearly every company is scrambling to have a part to play in what Mark Zuckerberg believes is the next iteration of the internet. Recent months have seen a scramble for virtual real estate, with property prices soaring as celebrities, companies, and investors gamble on the future of the Metaverse.

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