Major companies investing in metaverse hardware shows a growing trend in virtual real estate market.

From CoinTelegraph
August 11, 2024 04:13:05 pm:

The metaverse is dead, long live the metaverse. Digital real estate platform Republic Realm has purchased a virtual space in The Sandbox for $4.3 million, signaling a booming trend in the virtual real estate market. The new purchase will be used for entertainment and social experiences within The Sandbox metaverse.

Read more at Cointelegraph: Half of the 10 most valuable companies on Earth are making metaverse hardware