Metaverse mortgage just happened to buy virtual real estate
A company called TerraZero Technologies Inc has just provided a Metaverse mortgage for the first time. It was used to purchase virtual real estate within the Metaverse.
The 'land' purchased was in the Ethereum-based Metaverse platform Decentraland.
TerraZero says that Metaverse mortgages "offer a greater number of people to acquire virtual real estate." Are we really now in debt of virtual land? Was it really designed for the metaverse? Drowning in debt in new and exciting ways? The mind boggles.
TerraZero Technologies calls itself a "vertically-integrated metaverse technology company". While the company did not provide all the financing to purchase the land parcel, they did provide most of it.
Metaverse mortgage just happened to buy virtual real estate
A company called TerraZero Technologies Inc has just provided a Metaverse mortgage for the first time. It was used to purchase virtual real estate within the Metaverse.
The 'land' purchased was in the Ethereum-based Metaverse platform Decentraland. TerraZero says that Metaverse mortgages "offer a greater number of people to acquire virtual real estate." Are we really now in debt of virtual land? Was it really designed for the metaverse? Drowning in debt in new and exciting ways? The mind boggles.
TerraZero Technologies calls itself a "vertically-integrated metaverse technology company". While the company did not provide all the financing to purchase the land parcel, they did provide most of it.