Is Land Scarcity Good or Bad?

May 24, 2022, 10:37AM EDT

• 18 min read

Quick Take

The main distinction between the physical and the virtual worlds is that lands in the former are naturally scarce.
The artificial scarcity imposed on web3 lands is keeping the lands from being productive and potentially leads to a web3 land crisis.
The article discusses land value tax as one of the ways to curb extreme web3 lands speculations.

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here

Source: https://www.theblockresearch.com/metaverse-is-land-scarcity-good-or-bad-147602?utm_source=rss&utm_medium=rss