Thank Facebook for metaverse bonanza, real estate may sell for $1 billion in 2022 (Cryptoslate)

Originally published at: https://www.channel-sea.cc/thank-facebook-for-metaverse-bonanza-real-estate-may-sell-for-1-billion-in-2022-cryptoslate/

Real estate on metaverse platforms reached $501 million last year. That figure could double in 2022, according to analysts speaking to CNBC. Facebook played a big role in the surge last year, starting when the company announced its rebranding to Meta and its focus on the metaverse on the 28th of October. With Facebook’s announcement,…