‘Crypto winter’ drives metaverse real estate crash

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Virtual land prices have tumbled by an average of 66% since January, while the volume of metaverse real estate being traded has tanked by 97% from its November peak.

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Gaming is starting to overlap with real life, explains Theo Tzanidis - but is the virtual real estate boom the next great thing or the next big bubble?
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Sotheby's Realty boss and activist Foxtons investor has joined Hometrack-founder's algorithm-led property buying start-up as partner.
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"The real estate industry is the single-most contributed industry to climate change," says venture capital boss. "It's the culprit that was hiding in plain sight."