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Fools and Their Money from Daring Fireball RSS feed.
Fools and Their Money
Aidan Ryan, The Information, “The Metaverse Real Estate Boom Turns Into a Bust”:
The metaverse is in the midst of a real estate meltdown. Sales volumes and average prices for virtual land have plunged this year, part of a broader slide in crypto and non-fungible token prices.
Shocker.