The frantic metaverse land grab is likely to persist in 2022 as investors realize virtual real estate equals cash, predictive analytics firm says

The mad dash for virtual land is likely just beginning.

Real estate sales in metaverses like Decentraland and the Sandbox — where plots have sold for millions of dollars — are likely set to continue at a brisk pace before peaking in May, though interest will remain high even after, according to predictive analytics firm NWO.ai.

"We're really seeing the utility of these properties rising; we're seeing that people can make actual money, that buying these properties equals cash. That is going to drive those sales," said Julia Myers, a machine-learning engineer at NWO.