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.