The next time you hear someone dismiss the metaverse as “all hype,” kindly inform them that a 500-square-meter plot of virtual real estate is worth more than their house. At any rate, this stinging retort should suffice providing your adversary’s abode is worth less than $2.43 million – the price associated with the largest metaverse land acquisition to date. The eye-popping purchase by the Metaverse Group reflects a groundswell of support among investors, who are increasingly betting big on vibrant virtual ecosystems wherein users work, earn and socialize. Even Facebook is wise to the prevailing headwinds, having recently declared that it will transform from a social media firm into a metaverse company. A Metaverse Open to All While Facebook’s executive branch will be keen to establish the company as a dominant player in this rapidly-expanding market, a note on their new website explains that “the metaverse will be a collective project that goes beyond a single company. It will be created by people all over the world, and open to everyone.” It’s a sentiment shared by Solice, a soon-to-be-released metaverse project built on top of Solana’s super-fast blockchain. Devised by a core team of senior software engineers and creative designers, with assistance from VR gaming experts and crypto/DeFi veterans, Solice aims to be the most immersive and interactive virtual environment in the blockchain universe, with a colorful landscape m...
