Living it up like a star!
Someone recently paid USD 450,000 to be the neighbor of rapper Snoop Dogg – but in the metaverse. With Web3, the next generation of the internet enabled by blockchain technology (such as non-fungible tokens, or NFTs, and cryptocurrencies), this parallel world encompasses everything that exists virtually, from digital art to virtual worlds and may even replace some real-world activities such as working or even just hanging out. Like the real world, virtual land in the metaverse can be bought and sold, or even rented, by NFT aficionados who see the potential for profit. M Vision's Metaverse Thailand allows users to buy, sell, name, and develop their own land by using a map of digital representations of Thailand's landscapes. Likewise, Chiang Mai launched “Chiangmai Crypto City (CCC),” an innovative project that incorporates the metaverse into the city’s development plans and actively courts self-styled metaverse companies to set up shop in their backyard. So say goodbye to long-haul flights, travelers can now travel to other cities in just a few clicks.
