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Topic: Digital Real Estate: Is it worth it? - page 6. (Read 817 times)

sr. member
Activity: 1218
Merit: 260
October 13, 2023, 02:48:07 PM
#30
Looks with digital real estate have the same worth with NFT and I don't sure will profitable when investing there, we know about reputation of NFT despite change mode name as digital real estate but they have the same function. Be aware if you want to try make investment with digital real estate although seems promising with name but not difference function yet between digital real estate or NFT. Just awhile popular only how ever bid offer selling on market but not guarantee keep defend for long time on higher price, enough how bad experienced thousand kinds of NFT price drop drastically and looks as place for money laundering with NFT project.
Its smart ideas for NFT developer, they try with digital real estate name worth and more interested to get many investor for purchasing their NFT.
sr. member
Activity: 1232
Merit: 451
Vave.com - Crypto Casino
October 13, 2023, 11:59:44 AM
#29
Based on the hype, if digital real estate is an investment, I'd say it could be worthwhile. Because if we see that currently meta verse is creating a lot of hype, according to many peoples , meta verse can create a huge market cap in the future. Even then I have doubts about it. However, in today's era of digitalization, these virtual projects often generate good revenue. If we see that currently the market cap of video games has exceeded billions. So in the future I think meta verse can have a good success so I also think in some cases Digital Real Estate Business is worth it.
legendary
Activity: 3276
Merit: 2442
October 13, 2023, 09:50:01 AM
#28
This must be a joke. In case you are serious, no digital real estate isn’t worth anything. Real estate has an intrinsic value. You can live in it, build on it, farm it etc… What intrinsic value does digital real estate have? Nothing. You can’t live in it, you can’t build anything on it, you can’t grow anything on it… It is totally useless other than doing speculations. If anyone is dumb enough to pay for these scams, they should look into the nft markets first. As you know NFT market (which is as dumb as the digital real estate market) is now dead. If you want to be a bag holder of digital bits go ahead buy digital real estate.
member
Activity: 469
Merit: 13
October 13, 2023, 09:37:57 AM
#27
I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong?

Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. Smiley

If we can map or backed the real state nfts to actual real state thing, then there is some value.  We can share the profits from the real state.

Eg : Metropoly Project
legendary
Activity: 1876
Merit: 4532
October 13, 2023, 08:34:01 AM
#26
I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong?

Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. Smiley
The Decentraland and SandBox projects come to my mind.
If I were to invest, I would buy tokens of these projects. But in order to buy NFT real estate tokens, you first need to play this game and understand the real demand for such goods. Because the trend may change and, unlike project tokens, NFT tokens cannot be sold.
hero member
Activity: 3038
Merit: 592
BTC to the MOON in 2019
October 13, 2023, 06:46:01 AM
#25
I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong?

Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. Smiley
The question is who are these investors? I'm not sure but all of these surprising trends seem to be a sort of price manipulation. I was sure that those people who do research will never fall into such a project that we are not sure or even have insights that could stay long and become profitable. I'd rather choose Real Real Estate than be a fool into a big-looking scam.

Just like the other projects that don't have a use case and reliability will never be sustainable and end shortly.
newbie
Activity: 6
Merit: 0
October 13, 2023, 06:30:41 AM
#24
I think it has failed in the world of cryptocurrency, its price has been inflated beyond reason. You can't even fathom what you would need a virtual piece of land for, right? It's like a child's game, and this market is the same - if you invest early, you profit, and if not, you don't. Never put all your eggs in one basket. I'm not sure if it can reach an all-time high (ATH) in the coming season or not because it's a game played by market makers.
newbie
Activity: 85
Merit: 0
October 13, 2023, 06:20:59 AM
#23
They have mispriced the value of digital real estate, even NFTs have been overvalued, and now I believe it's genuinely challenging to regain a position in terms of market share and trading volume during the upcoming uptrend.


It was just overpriced. partially because of money laundering and artificial price change. It seems like those markets suffer from that more than others. Or maybe I'm just not buying shitcoins.
newbie
Activity: 5
Merit: 0
October 13, 2023, 05:29:36 AM
#22
They have mispriced the value of digital real estate, even NFTs have been overvalued, and now I believe it's genuinely challenging to regain a position in terms of market share and trading volume during the upcoming uptrend.
sr. member
Activity: 1666
Merit: 292
Eloncoin.org - Mars, here we come!
October 13, 2023, 04:34:15 AM
#21
IMO, it has real potential but what has been shown in this market is mostly hype with only a few bringing value to users and the rest most developers follow that hype and turn it into reality. become a trend according to many people's concepts.
The NFT and P2E field is a big piece of cake that I believe many developers will exploit, I am also someone who follows some of the top performing games like CSGO, PUBG, LOL,... I really have I'm surprised that some accessories in each game are so valuable. So it's not until their products create their own environment to attract users, and in the crypto environment there are some things that do quite well, but the big problem is still the valuation value based on that. What makes them work? I have a little speculation that there will be other hype in the future regarding digital real estate, whether it is worth it or not is the answer for us to decide, it may be that it is not popular yet. Looking at the way Meta (facebook) is doing I think this will be a field in the future.
legendary
Activity: 2436
Merit: 1207
October 13, 2023, 04:26:54 AM
#20
I think that digital real estate isnt worth spending money on. First of all, you basically buy nothing. Just pictures, numbers and etc. Same as altcoins, NFT and etc. So why no buy something that is more demanded. Second reason - digital real estate is closely connected with virtual reality. Right now it isnt the most popular and affordable thing. Investing in it today with a hope that in future its value will grow? I think there are to many if and underwater stones on that path of it.
newbie
Activity: 7
Merit: 0
October 13, 2023, 04:21:00 AM
#19
There won't be a need for digital real estate. I think it's sufficient to encode it for easy exchange and transactions. What you're mentioning is just part of the trends in GameFi and NFTs, and whatever happens, everyone is probably aware of it.
legendary
Activity: 1624
Merit: 1007
October 13, 2023, 02:34:05 AM
#18
So just another crypto pump and dump that's worthless and just banking on people's greed to drive a dumb price increase?

Honestly mostly anything related to nfts or things like digital land I just don't get the point.  What are you going to do with digital land.  Build a digital house so your digital family can move in?  I love crypto but some of the things that have come out of it have been beyond rediculous.

Pretty much yeah. Just like 99.99% of everything crypto related.
The only real utility from digital assets i have seen so far is for games that use NFTs as assets. It works wonderfully for collectable card games as you can trade the cards much easier onchain. Its a very limited use case but it is there
hero member
Activity: 2184
Merit: 585
You own the pen
October 13, 2023, 02:31:00 AM
#17
Honestly, I don't really want to engage in such kinds of investment I rather gonna buy some agricultural lots if I have that huge money in my hand and will just gonna plant some crops in order to multiply my earnings. This is not a concrete investment where you can be assured you won't lose your capital and will gonna multiply your income in the next years because all of a sudden when something goes wrong or a new trend is introduced in terms of investment in the crypto industry, people will forget about it because they don't really give any benefits in the first place.
legendary
Activity: 2100
Merit: 1321
Fully Regulated Crypto Casino
October 13, 2023, 12:52:12 AM
#16
Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. Smiley
Cant vouch for that as many users got burned having land on axie way back some have multiple million amount but now its worth -99% of that or lets just say unreal value since no one is buying. Cant say for some other virtual land with continous development maybe there are different opinions for this and it will really depend on the usage of that. But if its me, the real estate is the best when its come to investment cause its tangible and have real and back value. Unlike digital that works like nft which liquidity depends on buyers demand.
legendary
Activity: 1596
Merit: 1288
October 12, 2023, 10:14:12 PM
#15
What gives real estate its value are the increasing demand for it, the limited amount of land, and the fact that it is something that can be used for purposes not related to speculation. If we say that digital real estate is in limited supply (which is something that cannot be proven) and there is an increasing demand for it, it cannot be used for purposes that are not related to speculation and investment. Therefore, real real estate is the best. Because ownership of the property is legally protected, subject to tax, and can be transferred, while the digital property may not have the same protection that real estate offers you.
Is it reasonable for me to pay a million dollars for a digital property?
legendary
Activity: 2758
Merit: 1004
PredX - AI-Powered Prediction Market
October 12, 2023, 09:07:27 PM
#14
We don't know for sure what the future holds for digital real estate, but I also think that this is similar to what happened with NFTs, which only moved up because of the hype and might be abandoned later.
However, if one's goal is to invest in real estate, it would be great if it were real. What I mean by that is that he actually has ownership of the real estate and can use it offline. Maybe there are some people who think that this is a good investment and maybe they can take advantage of it, but for investments like this, I tend to choose to invest for real.
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
October 12, 2023, 07:07:17 PM
#13
Uhm, what now? Digital property of what technically and what is it used for? If this was just legit "digital" and that's about it, man then this is just NFT alright. Heck the price bumps might just be the devs themselves buying their "property" so that they can boost the price up, which is what happens to most projects anyway. It probably wouldn't be far off till we see digital names being sold (jesus christ). Happens in games all the time but crypto devs are just a step bit too late most of the time with all their "innovative" ideas.
hero member
Activity: 2842
Merit: 625
October 12, 2023, 06:24:54 PM
#12
Yeah, it's like NFTs.

But I don't think that it's a good investment when you're just going to have it as your asset and you won't be able to stay there unlike the real one.

I prefer the real one on this matter because just like the NFTs, they could also fall in value and that's a bad thing to watch out.
full member
Activity: 2086
Merit: 193
October 12, 2023, 05:42:07 PM
#11
It can be worth it once you have your different purpose and if you see a good project that have its potential. But remember, that the early adaption are way better than to invest late because the hype might be gone already and the risk of losing money is very high.

Physical real estate are way different to the digital at its serve its different purpose, if you think digital real estate will also boom based on your own analysis, then you can try to invest with it and focus on your own goal because at the end of the day, it is your decision that will matter.
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