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Risks and Challenges of Investing in the Metaverse
Although the metaverse is expected to grow tremendously in the next few years, it is still a relatively new industry that is far from stable. For one, if a metaverse platform goes offline permanently, all your land and assets in that platform become non-existent.
Then there’s also the issue of valuation. There’s always the question of how to assign value to a land whose scarcity is artificial and whose future value cannot be quantified. With their value dependent on highly volatile cryptocurrencies, metaverse land is susceptible to volatile conditions as well.