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In some places, this has worked fairly well; Uniswap is worth $11bn, for example. But does it extend to the rest of the economy? Will we reach a point where we can do business mostly or entirely with companies that we're simultaneously investing in, so the next Zuckerberg won't be able to create nearly a trillion dollars in market value from our ca... See more

More people actually own content in Second Life than own an NFT—vastly more. And these NFT-connected metaverses like Decentraland have very tiny user bases mostly populated by people who’ve invested in it. If you buy land in Decentraland, you have an incentive to have people come in.

We’re in the midst of a wild market, with people seeking to convert a thousand dollars into a million within the span of months, if not weeks. The only way to do this is to invest in highly speculative assets and commodities – things that use risk as a selling point, and not as a deterrent. And when you’re willing to lose everything in the hopes of... See more

Virtual property can make real money. Projects like Decentral Games prove that money can be made in the "metaverse." The startup runs popular casinos within Decentraland. That's attracted serious developers, putting millions to work.