Is Virtual Real Estate Dead?

Back in January of 2022 I reported on the growth of virtual real estate. Facebook has changed its name to Meta only a few months earlier. Metaverse technologies were capturing headlines. But strangely I heard no talk of virtual reality at the street level.

In the past few months, several companies have written down their investments in virtual reality. This includes Exp Realty, Microsoft, Disney and yes, Meta.

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