Are Virtual Land Traders Still Profiting in the Metaverse?

[Fhiyyerh]

I remember when the metaverse and Web3 were trending back in 2021, and lots of people kept talking about the system of buying and selling real-world land in virtual environments. Some even bought virtual lands. But all of a sudden, the trend died, and everyone went back to default settings. I wonder if those people who traded on these metaverse platforms are still around and making a profit from it, and If those metaverse platforms become decentralized, will they benefit from it?

[akeemqaz]

The virtual land metaverse concept was initially confusing and often mocked on social media.

Look at Landx, a Real World Asset, hasn't performed well so far, likely due to its lack of practical utility like the Metaverse land. In contrast, Upland which offers actual gaming features where users can buy and interact with virtual lands via gaming.

While I'm still holding some Landx despite current losses, I'm more confident in Upland's profit potential. The difference in their approaches is notable. Upland functions more like a metaverse game, while Landx's concept seems somewhat exaggerated.
Due to Upland's features and use cases, I even considered participating in its launchpool on Bitget. Although, I'm not selling my Landx yet, hoping for future improvement

[Husires]

The metaverse concept is the investment of the future, and companies will seek to spend and invest millions of dollars in it, but crypto projects based on encryption are not that. They claim to be the metaverse and Web3, but they are central tokens with big promises and limited planning.

[bee]

Most people just get carried away with the hype about thousands of dollars as usual that increase the selling price, this is not a new phenomenon in the industry and I am not surprised. There is no reason for most people to stay in that crowd these days, except for a few who really don't have a real social world "to live in", then virtual land is only valuable to them.

[Husires]

Most people just get carried away with the hype about thousands of dollars as usual that increase the selling price, this is not a new phenomenon in the industry and I am not surprised. There is no reason for most people to stay in that crowd these days, except for a few who really don't have a real social world "to live in", then virtual land is only valuable to them.

Investors are looking for growth and profits and do not care about the name of the project, but beginners believe that these projects are Metaverse or AI and have a future, but they discover that they are failed investments after holding these tokens for several weeks or months.

[Jomisa]

The virtual land metaverse concept was initially confusing and often mocked on social media.

Look at Landx, a Real World Asset, hasn't performed well so far, likely due to its lack of practical utility like the Metaverse land. In contrast, Upland which offers actual gaming features where users can buy and interact with virtual lands via gaming.

While I'm still holding some Landx despite current losses, I'm more confident in Upland's profit potential. The difference in their approaches is notable. Upland functions more like a metaverse game, while Landx's concept seems somewhat exaggerated.
Due to Upland's features and use cases, I even considered participating in its launchpool on Bitget. Although, I'm not selling my Landx yet, hoping for future improvement

The current crypto market is bleeding, but if there's an opportunity to acquire a metaverse token via launchpool , I'd check and give it a shot. Seen A lot of buzzes about sparklet on Twitter. They might be on to something big.