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They bought property in the metaverse. Then it collapsed

Fast Company 17 April 2026 5h ago
They bought property in the metaverse. Then it collapsed
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Relevance
10/25
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25/20
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6/15
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Five years ago, tech angel investor Chris Adamo and a few friends jumped on a burgeoning trend in the digital asset world: they used a virtual real estate broker to buy 23 parcels of property in a metaverse called The Sandbox. He doesn’t remember exactly how much he spent, but it was around $200,000 for the whole group. The real estate, to be clear, consisted of pixelated parcels in “hip,” “trendy
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