Hong Kong’s Financial Services and Treasury Bureau issued a policy statement on virtual assets at the opening of the city's flagship tech conference Hong Kong FinTech Week on Monday. Hong Kong is …
China’s real estate crisis deepens as big Shanghai developer defaults
A new Chinese developer has defaulted on its debt, another blow to the real estate sector in China. The Shanghai-based Shimao Group failed to pay the principal and interest on a $1 billion bond that …
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Blockchain Technology Is Changing The Real Estate Industry
On February 10, 2022, the first NFT-based property was bought through an auction on Propy, a blockchain-focused real estate company. The Florida home was sold for $653,163 worth of Ether, and the …
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The risks and rewards of investing in the metaverse real estate boom
There’s a land rush happening — and it’s not in New York City or Beverly Hills. Early speculators, professional real estate agents, and celebrities are buying up land that doesn’t even exist in the …
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Metaverse real estate sales top $500 million, and are projected to double this year
Sales of real estate in the metaverse topped $500 million last year and could double this year, according to investors and analytics firms. Real estate sales on the four major metaverse platforms …
How to Invest in the Metaverse
In 1992, writer Neal Stephenson released his third novel titled “Snow Crash.” In it, Stephenson’s characters interact in a completely digital environment where appearances can be changed on a whim and …
3 Benefits to Becoming a Landlord in the Metaverse
May you live in interesting times -- it's a phrase that isn't a blessing or a curse, but a daunting prescription to those who tingle with the entrepreneurial spirit. Interesting times for us can mean …
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Plot of digital land in the metaverse sells for record $2.43 million
Virtual real estate is on a tear. A plot of virtual land in the online world known as Decentraland sold this week for a whopping $2.43 million, more than double the previous record set for the price …
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How Landshare Is Transforming Real Estate Investments Power By The Blockchain
Blockchain technology has opened a vast array of use cases across different sectors of the economy. As inflation rises, institutions and investors look for a way to generate revenues. In that sense, …
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Blockchain brings the sharing economy to real estate investing
Fractional ownership of buildings and property developments is becoming one of the adoption areas for blockchain technology in the real estate business. From democratizing access to real estate …
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