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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Author Archives: Joao Marinotti

Posted inTechnology

Can you truly own anything in the metaverse?

by Joao Marinotti April 25, 2022April 27, 2022

In 2021, an investment firm bought 2,000 acres of real estate for about US$4 million. Normally this would not make headlines, but in this case the land was virtual. It existed only in a metaverse platform called The Sandbox. By buying 792 non-fungible tokens on the Ethereum blockchain, the firm then owned the equivalent of […]

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