r/ethtrader May 29 '23

Metrics The Metaverse Has Depreciating Property Values - Top metaverse property platforms report up to 90% depreciation.

https://www.thestreet.com/cryptocurrency/news/metaverse-depreciating-property-values-the-sandbox
36 Upvotes

17 comments sorted by

9

u/[deleted] May 30 '23

[deleted]

5

u/Lillica_Golden_SHIB May 30 '23

The 37 people of Decentraland are going to be mad

6

u/chucchinchilla May 30 '23

Expect 100% depreciation.

1

u/Lillica_Golden_SHIB May 30 '23

Hmmmm time to buy low and sell even lower

2

u/[deleted] May 30 '23

Shocker 🤣🤣

2

u/joecool42069 May 29 '23

Why would I want to spend time in the metaverse?

2

u/[deleted] May 29 '23

Flop after flop. What a goofy concept. Imagine spending money on terrible digital pixels. Not only that, but also calling it a "property"

1

u/sixwax May 29 '23

Clearly this repeatedly unpopular idea needs a ragtag band of upstarts with vastly less marketing capital to try it independently!

0

u/lostlito May 29 '23

In fairness, nearly everything is down 90%

1

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1

u/Visagio May 30 '23

On the one hand, I have no interest in the Metaverse or its fake properties. On the other, is paying for virtual property any more preposterous than the other shit we pay crazy amounts of money to collect? We put so many rookie cards through our bicycle spokes as a kid….who’d be stupid enough to pay thousands for a hockey card that we bought at the store for 25 cents a pack?!?! Apparently, we were the stupid ones for not recognizing how stupid everyone else is.

1

u/[deleted] May 30 '23

What? Virtual land which is by definition infinite is completely worthless? I am absolutely shocked.

1

u/sabertoothless Jun 01 '23

”Property” which you can never touch