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Aug 10
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Buying digital land in the metaverse may not be the best use of your money, according to billionaire investor Mark Cuban.
Although Cuban is a well-documented cryptocurrency enthusiast, he said buying virtual real estate is “dumb” in a recent interview.
In the physical world, real estate is valuable because land is a scarce resource. However, that scarcity doesn’t necessarily apply to the metaverse.
In these virtual worlds, “there’s unlimited volumes that you can create,” Cuban explained.
Learn more about the rise and fall of digital real estate at the link in bio.
cnbcmakeit
Aug 10
784
0.12%
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