Mark Cuban, one of the popular billionaires, including being a Shark Tank judge, now says that buying virtual real estate in the metacity is one of the most stupid or unwise ideas.
Through an interview, Mark Cuban said buying virtual real estate is unwise. This is because real estate is usually sold with its own value because it is limited, while in the virtual world, it is not subject to the same thing, and can be generated without limit.
Since last year, there are several platforms that offer virtual property sales, and some sell at ridiculous prices, sometimes more expensive than properties that exist in the real world.
In any case, due to the fall in the value of cryptocurrencies this year, it also affected the value of virtual real estate which showed a sharp decline.
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BUSINESS & MONEY