Billions are being spent to acquire land in the metaverse

Nearly $2B in crypto has been spent on virtual land in the metaverse. Plots are selling for millions in virtual universes like Decentraland, Sandbox, and others. Game platforms like Fortnite are also popular. Sotheby's, Gucci, Adidas, Warner Music, and many other brands have invested in virtual land to sell their offerings. This comes as people are expected to love part of their lives in the metaverse.