Welcome to the Metaverse: The First Digital Real Estate NFT Fund

Real Vision: Finance & Investing

Real Vision

Business, Investing, News, Business News

4.1 • 1.1K Ratings

🗓️ 16 June 2021

⏱️ 35 minutes

🔗️ Recording | iTunes | RSS

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Summary

Real Vision Crypto: As people are spending increasingly more time in virtual worlds (also known as the metaverse), Janine Yorio, managing director of Republic Realm, joins Real Vision's Haley Draznin to discuss an entirely new asset class that has evolved: digital real estate investment. The fund focuses on the acquisition, management, development, and sale of virtual land, known as parcels, across metaverses including Decentraland, The Sandbox, Axie Infinity, CryptoVoxels, among others. Recorded on April 21, 2021. Key Learnings: Digital real estate has the potential to deliver long-term outsized returns due to the rise of cryptocurrencies and the rapidly growing digital currency asset class. It is evolving into a viable store of wealth like real-world real estate, real-world art, and even website domain names due to its scarcity value, ability to monetize from high "foot traffic" and transferability. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:20.0	With Salesforce Customer 360, now everyone's an Einstein.
0:24.0	Go to Salesforce.com forward slash 360 to learn more.
0:30.0	There's no doubt that non-fungible tokens are having a moment.
0:33.0	Investors are using them to buy NFT art, rights to professional basketball highlights, viral memes, celebrity tweets, recording artists, or even using them to distribute their music.
0:45.0	And now there's an NFT market for real estate, and it exists purely in the virtual world.
1:06.0	Now also more commonly known as the Metaverse.
1:09.0	The popularity and quick adoption of the Metaverse has led to the evolution of an entirely new asset class, digital real estate investment.
1:18.0	Janine Yorio joins us today from Republic Realm.
1:22.0	It's the first ever digital real estate NFT fund.
1:25.0	Thanks for coming on Real Vision.
1:27.0	Thanks for having me, Haley.
1:29.0	So let's jump right into it. Republic Realm launched earlier this year.
1:33.0	You're the first digital real estate NFT fund.
1:35.0	It was just a matter of time really before somebody built a fund around it.
1:39.0	How would you really explain digital real estate to the average investor?
1:45.0	So if somebody is less familiar with what a Metaverse is, I start by saying a Metaverse is like a video game.
1:51.0	Except unlike most video games, there's no stated objective.
1:54.0	You're not trying to kill people or there's really no goal other than just to exist and figure out how you feel most comfortable.
	...

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