The rise and fall of virtual real estate: Lessons from Decentraland

Written by Barry Investment Advisors | Apr 27, 2023 7:05:05 PM

The virtual real estate sector once garnered tremendous attention and ballooned to enormous valuations. However, recent reports indicate that platforms such as Decentraland, previously estimated at a billion-dollar valuation, have witnessed a rapid decline in user activity. Is there a way out of this death-spiral for virtual real estate?