Investors are finding strong returns in Metaverse real estate. 'Worlds' like Decentraland are flush with space for future thinkers ready to stake their claim. Even for those who aren't ready, investment in companies who are taking an interest in the Metaverse, like The
DECENTRALAND THE NEW WESTWARD EXPANSION?
There's an old saying that ends "...but settlers prosper." The Metaverse has had its pioneers come in and clear the way for those ready to make their fortunes and play their parts in the future. After years of design and creation, worlds offering access to the Metaverse are here, and are now ready to be populated. The Metaverse is ready to be settled. Much like settlers of the Great American West nearly 200 years ago, those who reap the greatest benefit will be those who settle first. Firms and investors are buying up real estate in places like Decentraland, positioning themselves to be the next great land barons.
While real estate ownership in Decentraland may look different than that of, say, land settled after the Louisiana Purchase, it provides the same kind of opportunity. Firms like The
· Promote a business, product, or brand
· Show off an NFT
· Create classrooms
· House and play games
· Create a virtual "home" for a person or a business
The list of ways to use Metaverse space is unlimited and unfinished. As the Metaverse grows, and worlds like Decentraland expand, how real estate is used will evolve. Those firms that get in early will not only be the first to benefit from the adoption these new uses, but will also see the value of that real estate asset climb, potentially exponentially.
GYST TURNS MASSIVE REVENUES INTO DECENTRALAND SPACE
GYST is an excellent example of a firm taking advantage of the real estate opportunity in the Metaverse. The
GYST President Anastasia Shisova commented in a recent press release, ""Just like traditional real estate, an area I have extensive experience in, properties in the virtual 3D platform can become more valuable and be redeveloped, leased or sold for profit."
GYST STOCK
Through its cryptocurrency mining operation, GYST is generating revenue hand over fist. As they add more machines and drop their per-unit (TH/s) energy cost, that revenue has more opportunities to create growth. Shishova noted this opportunity "not only signifies Graystone's initial step into the Metaverse, but also brings us closer towards the main goal to make 2022 a transformational year for our business."
As of Friday, GYST was trading solidly at
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