Losses grow in Metaverse real estate investments

Interest in the Metaverse continues to wane as AI grows in popularity. The prices of virtual lands in some of the best metaverse universes have been experiencing significant declines since their peak prices in 2022. Some have lost more than 90 percent of their value.

CoinGecko recently published research on the metaverse. The report reveals that popular metaverse properties such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels lost significant value from January 1, 2022 to May 24, 2023.
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