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Author Topic: Digital Real Estate: Is it worth it?  (Read 802 times)
bluebit25
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October 13, 2023, 08:34:15 AM
 #21

IMO, it has real potential but what has been shown in this market is mostly hype with only a few bringing value to users and the rest most developers follow that hype and turn it into reality. become a trend according to many people's concepts.
The NFT and P2E field is a big piece of cake that I believe many developers will exploit, I am also someone who follows some of the top performing games like CSGO, PUBG, LOL,... I really have I'm surprised that some accessories in each game are so valuable. So it's not until their products create their own environment to attract users, and in the crypto environment there are some things that do quite well, but the big problem is still the valuation value based on that. What makes them work? I have a little speculation that there will be other hype in the future regarding digital real estate, whether it is worth it or not is the answer for us to decide, it may be that it is not popular yet. Looking at the way Meta (facebook) is doing I think this will be a field in the future.









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October 13, 2023, 09:29:36 AM
 #22

They have mispriced the value of digital real estate, even NFTs have been overvalued, and now I believe it's genuinely challenging to regain a position in terms of market share and trading volume during the upcoming uptrend.
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October 13, 2023, 10:20:59 AM
 #23

They have mispriced the value of digital real estate, even NFTs have been overvalued, and now I believe it's genuinely challenging to regain a position in terms of market share and trading volume during the upcoming uptrend.


It was just overpriced. partially because of money laundering and artificial price change. It seems like those markets suffer from that more than others. Or maybe I'm just not buying shitcoins.
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October 13, 2023, 10:30:41 AM
 #24

I think it has failed in the world of cryptocurrency, its price has been inflated beyond reason. You can't even fathom what you would need a virtual piece of land for, right? It's like a child's game, and this market is the same - if you invest early, you profit, and if not, you don't. Never put all your eggs in one basket. I'm not sure if it can reach an all-time high (ATH) in the coming season or not because it's a game played by market makers.
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October 13, 2023, 10:46:01 AM
 #25

I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong?

Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. Smiley
The question is who are these investors? I'm not sure but all of these surprising trends seem to be a sort of price manipulation. I was sure that those people who do research will never fall into such a project that we are not sure or even have insights that could stay long and become profitable. I'd rather choose Real Real Estate than be a fool into a big-looking scam.

Just like the other projects that don't have a use case and reliability will never be sustainable and end shortly.

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October 13, 2023, 12:34:01 PM
 #26

I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong?

Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. Smiley
The Decentraland and SandBox projects come to my mind.
If I were to invest, I would buy tokens of these projects. But in order to buy NFT real estate tokens, you first need to play this game and understand the real demand for such goods. Because the trend may change and, unlike project tokens, NFT tokens cannot be sold.

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October 13, 2023, 01:37:57 PM
 #27

I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong?

Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. Smiley

If we can map or backed the real state nfts to actual real state thing, then there is some value.  We can share the profits from the real state.

Eg : Metropoly Project
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October 13, 2023, 01:50:01 PM
 #28

This must be a joke. In case you are serious, no digital real estate isn’t worth anything. Real estate has an intrinsic value. You can live in it, build on it, farm it etc… What intrinsic value does digital real estate have? Nothing. You can’t live in it, you can’t build anything on it, you can’t grow anything on it… It is totally useless other than doing speculations. If anyone is dumb enough to pay for these scams, they should look into the nft markets first. As you know NFT market (which is as dumb as the digital real estate market) is now dead. If you want to be a bag holder of digital bits go ahead buy digital real estate.

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October 13, 2023, 03:59:44 PM
 #29

Based on the hype, if digital real estate is an investment, I'd say it could be worthwhile. Because if we see that currently meta verse is creating a lot of hype, according to many peoples , meta verse can create a huge market cap in the future. Even then I have doubts about it. However, in today's era of digitalization, these virtual projects often generate good revenue. If we see that currently the market cap of video games has exceeded billions. So in the future I think meta verse can have a good success so I also think in some cases Digital Real Estate Business is worth it.

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October 13, 2023, 06:48:07 PM
 #30

Looks with digital real estate have the same worth with NFT and I don't sure will profitable when investing there, we know about reputation of NFT despite change mode name as digital real estate but they have the same function. Be aware if you want to try make investment with digital real estate although seems promising with name but not difference function yet between digital real estate or NFT. Just awhile popular only how ever bid offer selling on market but not guarantee keep defend for long time on higher price, enough how bad experienced thousand kinds of NFT price drop drastically and looks as place for money laundering with NFT project.
Its smart ideas for NFT developer, they try with digital real estate name worth and more interested to get many investor for purchasing their NFT.

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October 13, 2023, 08:25:10 PM
 #31

I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong?

Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. Smiley
When we are talking about decentraland, it's not "like" nft, it's nft. It might have value in the future, if that platform gets adopted by huge amount of people, that's why people are buying them.
My guess is that it's not. There has been virtual collectives before and every time they stay more or less niche sites.

I totally understand why people would suspect that ntfs in decentraland could have value, but they don't seem to get that cryptos and nfts are too confusing to people. And they might get adopted other ways, like via reddit avatars ect. Not habbo-like virtual places. Those have existed for a long time without nfts and people have bought things in them without nfts, so naturally they buy nfts too.

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October 13, 2023, 10:09:39 PM
 #32

I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong?

Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. Smiley
That is hype and the same thing happen to other, it is slowly fading away and developers carry the money of their investors. We only have two possible results upon investing in this project and that is to lose our money and regrets.
People should avoid investing like this as they are very vulnerable to becoming scammed and giving nothing to the investors aside from disappointments and tears. Research should be done first and we should have to think about what will happen in a project that never has market potential. In fact, NFT show us already and the results are not the thing that we wanted to see.
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October 13, 2023, 10:22:51 PM
 #33

When it comes to real estate in the metaverse, I think we’re currently seeing the lowest prices since the NFT hype began a few years ago. That usually means the people who are buying NFTs now will end up holding worthless assets in the next cycle, or they’ll be the next set of people you read about getting rich. Might not be a bad time to dabble a little with out of flavor NFTs and the like.

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October 13, 2023, 11:04:51 PM
 #34

honestly I could only see value of these digital properties if it gives consistent passive income, the NFT land of many blockchain games back then was promising consistent token rewards for the holders thats why it has some value, but right now considering that all those tokens are not really having any value then I can guess that those NFT land aren't really worth anything anymore.
like many have stated it could be pretty much just price manipulation, with land NFT you see its easy to manipulate, since the NFT aren't really that much.
but i could be wrong, maybe people just really want to own this so called digital property so much who knows.

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October 15, 2023, 12:44:00 PM
 #35

The world is gradually moving into digital assets, which is digital real estate investment is acceptable as long is recognize by Blockchain technology in the ecosystem, which every crypto users can have access towards it and own per a particular person, which is applicable with NFTs assets. Since is accepted, it can as well be useful in the future values.

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October 15, 2023, 01:44:21 PM
 #36

I think that pixels is the worst investment. They usually too centralized and depends on developers. There are a lot of better options to invest
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October 15, 2023, 02:10:11 PM
 #37

It will be worth it in a game but never in things like a form of art or something else.
In-game that is popular, an NFT to be precise, needs to be popular like I said so that demand will come. I remember playing Plants Versus Undead and there's a need to buy land so that you will get more profits than those who play free with just one land that is given and they are also limited on how much plant they can grow. By buying land you can put more seeds and plants and they will earn something for you in return which means more profits as long as you always check them so you can reap the rewards.
I forgot how much the price of each land was back then but I know it is expensive because I could not afford one before, if I am not mistaken it was priced in the range of $1000 - $2000 per land.
Is it worth it? No, because as soon as the game starts to get old and many investors are getting frustrated they will sell and get out, and without buyers, it will be a big problem for the market circulation. That is why I said it needs to be in the trend/popular because there must be a nonstop trend so it can survive it's value.

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October 15, 2023, 02:50:53 PM
 #38

From my point of view, digital real estate will not have any value in the near future. It is kind of hyped at the moment showing similarities to NFT. Artwork and currency are tradable digitally and also have value. On the other hand, not sure what will be the utility of digital real estate. I mean when we say real estate, it would be always a physical asset and one can't imagine it digitally.

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October 15, 2023, 05:35:27 PM
 #39

It has no future, everything in crypto apart from Bitcoin and Ethereum is a hype, we have seen how prices soar when the hype of NFTs, Memecoins, Metaverse, P2E, M2E to AI works.

Is all this long-lasting and sustainable now? The answer is no, so be wise in choosing something, there's no harm in buying digital properties, but buy at the right time, LOL.

2 images of land prices attached by @X-ray I think have interpreted your question, mate @Abiky.

Everything is hype. Unless the government gets involved in digital real estate, I don't see this going anywhere soon. Same goes for NFTs and RWAs. The ones who ultimately win from this craze are none other than whales, developers, and NFT creators. Ordinary people will end up getting "rekt" in the long run.

I'd expect both Decentraland and The Sandbox's popularity to decline over time as investors move on to the next big thing in crypto. First it was NFTs, then the metaverse and AI, then "meme" coins, and now digital real estate. I wonder what will come up next? Cheesy

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October 15, 2023, 10:01:24 PM
 #40

It will be worth it in a game but never in things like a form of art or something else.
In-game that is popular, an NFT to be precise, needs to be popular like I said so that demand will come. I remember playing Plants Versus Undead and there's a need to buy land so that you will get more profits than those who play free with just one land that is given and they are also limited on how much plant they can grow. By buying land you can put more seeds and plants and they will earn something for you in return which means more profits as long as you always check them so you can reap the rewards.
I forgot how much the price of each land was back then but I know it is expensive because I could not afford one before, if I am not mistaken it was priced in the range of $1000 - $2000 per land.
Is it worth it? No, because as soon as the game starts to get old and many investors are getting frustrated they will sell and get out, and without buyers, it will be a big problem for the market circulation. That is why I said it needs to be in the trend/popular because there must be a nonstop trend so it can survive it's value.
As useless as it may seem to us, there are indeed some people that are willing to spend a lot of money in a game, so digital real estate will make sense for them, if my memory does not fails me this is not new at all, second life a video game released on 2003 has allowed transactions of user created items and property from the very beginning and it is a game that it is still available today, so I think there is a market for this, even if I will never participate in it.
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