NEWS

Crypto,Blockchain,NFT’s and ofcourse The Metaverse.

These are the hottest trending topics in the world of technology in the year 2022.

The world is moving ahead and adapting to this phenomenon and the real estate industry is not about to be left behind.

What is the Metaverse?

The Metaverse is crafted from the words “Meta” meaning comprehensive and “Verse” denoting universe.

In futurism and science fiction, the metaverse is a hypothetical iteration of the Internet as a single, universal and immersive virtual world that is facilitated by the use of virtual reality and augmented reality headsets.

In reality the metaverse is the future of the internet.It’s been nearly seven months since Facebook announced it was rebranding to Meta and would focus its future on the upcoming “METAVERSE.” 

You can create your own virtual avatars and own virtual assets. With a fully immersive world around you, your digital self can experience many fantastic activities or learn different skills, which you might not actually be able to do in reality.

Currently, there are multiple metaverses that are live and also in development stages. Most of the tech giants like Facebook ( now Meta!), NVIDIA, Microsoft etc.

But even now, many people are wired up thinking that it’s nothing but a glorified illusion or a large game of epic proportions that’s got nothing in the real world.

However, the latest trends indicate that there is much more to the metaverse than a mere “make believe world”!

Last few months, the most surprising global headline was about the sale of a virtual realty ( pun intended again!)

A Patch of Land in Decentraland ( blockchain based online world) was sold for a record price of $2.4 Million dollars worth of NFTs (Non Fungible Tokens). That pretty much rivals New York’s real estate rates.To the uninitiated, it’s just buying pieces of pixels, but to the futuristic investor, it’s her/his biggest bet in a new world.

The transformation of our world into everything we’ve experienced in Sci- Movies and literature are coming to life, and do you seriously think that no one would want a piece of that!

So how do you think Metaverse is gonna impact India?

In today’s digital age, the landscape of real estate marketing has undergone a significant transformation. The traditional methods of marketing, such as print advertisements and billboard promotions, have been overshadowed by the rise of social media and digital marketing. These modern strategies have revolutionized how real estate businesses connect with potential buyers and sellers, making it imperative for agencies to adapt and innovate.