The Metaverse property market is bringing a revolution to real estate, and companies are spending millions on virtual land. Bricktrade’s recent partnership with Realm, an upcoming mobile-first, play-to-earn Metaverse platform, will allow users to interact with real-world property investments, and bridge the gap between real world digital assets and the metaverse.
Bricktrade is the UK’s first property investment platform that aims to revolutionise and reinvent the purchase of real-world assets, through the tokenisation of real estate. The platform provides users with the option to purchase asset-backed investments, and allows them to make property purchases with cryptocurrency. The recent partnership with Realm will provide traditional property investors with the opportunity to to invest in the metaverse.
The partnership between the two platforms bridges the gap between the traditional property market platform and the new virtual property market.
Realm’s COO Evan Buckman commented on the partnership, noting:
“One of the core mediums through which Realm creates value is by building special bridges between the physical and digital world. We are excited to partner with Bricktrade, not only because we will be collaborating to bring their real-world real estate assets into the Metaverse, but also because, through the tokenization of high end real estate, they are providing our communities around the world with unprecedented access to these investment opportunities”
He added:
“On a whole Realm realises that the most successful and engaging metaverse will be one that does not replace our real lives, but rather one that enhances our lives and the world around us. That is what makes Realm unique– as a mobile-first metaverse using AR technology and integrated chat systems, the Realm metaverse will allow people to build their own worlds, connect with friends, and have a positive impact on the world beyond their screens”
With the recent growth of virtual worlds, many believe that digital land could provide a new stream of income for the housing market, and even act as a replacement for the physical market. However, Bricktrade believes in the connection between the physical and virtual world that allows people to have a form part of the Web3 revolution, while still interacting with real-world property investments.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: https://cryptodaily.co.uk/2022/03/bricktrade-realm-merging-metaverse-real-world-property-market