Burt please explain Virtual real estate

[JuanHamm]

Why would a company buy virtual real estate for real money?

Why would anybody want to "go" there?

Is this dumber than NFTs?

[BurtReynolds]

I once helped design a virtual horse armor that made $15 million dollars in sales in the first few days.

People will buy anything if you tell them it's important and scarce.

[bada]

My wife spends a lot of time developing real estate in Animal Crossing assuming that counts.

[elliseamos]

Guys, the nation I built in Civ IV is amazing and valuable.

$100 Amazon gift card and its yours!

[BurtReynolds]

Cosmetic DLC really changed my entire outlook on humanity. All of this makes perfect sense to me now.

Combined with VR and social media, I don't see how this can't happen.

Oh, you're above it all? Think virtual real estate is dumb? We have the whole world wide web to explore, yet we all go to the same 5 or 6 sites. This is virtual real estate.

Think NFTs are dumb? You've been buying NFTs your entire life (intellectual property). You'll buy this too.

The wealthy might be powerful enough to meme this into existence whether anyone wants it or not. And then people will want it.

[McParadigm]

The funnest part of this will be when hackers run around stealing it at the absolute speed of light, the way they have crypto and apes.

[dad]

The funnest part of this will be when hackers run around stealing it at the absolute speed of light, the way they have crypto and apes.

like virtual squatter's rights?

[McParadigm]

The funnest part of this will be when hackers run around stealing it at the absolute speed of light, the way they have crypto and apes.

like virtual squatter's rights?

Whatever the pretend real estate version of Wormhole helplessly begging hackers to take a $10 million gift in exchange for giving $320 million back is

[elliseamos]

Not saying you're wrong, Burt.

It's just not a thing I'm going to be a part of and/or spend money on.

[E.H. Ruddock]

Cosmetic DLC really changed my entire outlook on humanity. All of this makes perfect sense to me now.

Combined with VR and social media, I don't see how this can't happen.

Oh, you're above it all? Think virtual real estate is dumb? We have the whole world wide web to explore, yet we all go to the same 5 or 6 sites. This is virtual real estate.

Think NFTs are dumb? You've been buying NFTs your entire life (intellectual property). You'll buy this too.

The wealthy might be powerful enough to meme this into existence whether anyone wants it or not. And then people will want it.

Have fun in your virtual bunker at the end of the world!

[BurtReynolds]

When we are all confined to our pods due to Covid Omega, that virtual real estate is going to start looking pretty good!

Besides, all your friends will be there. Dont you want to be with your friends? You can be with your friends forever.

[McParadigm]