25% of US Crypto Investors Either Own or Plan to Acquire Land in the Metaverse – Metaverse Bitcoin News


A new study has found that 25% of U.S. cryptocurrency investors own or rent land in the metaverse, or plan to acquire the same. Out of four generations, the Baby Boomer generation has the highest (18%) proportion of crypto investors interested in owning or renting land in the metaverse.

Gen Z Less Likely to Own/Rent Property in Metaverse

About 25% of cryptocurrency investors in the United States are either owners or rent land in the metaverse, or have plans to, the findings of a study have shown. The findings also show the Baby Boomer generation has the highest proportion of respondents (18%) that are interested in renting or owning space in the metaverse.

Study: 25% of US Crypto Investors Either Own or Plan to Acquire Land in the Metaverse
Image: Cinch Home Services

Millennials, according to the study results, are the generation with the next highest proportion of respondents (12%) that already own or are planning to acquire land or rent in the metaverse. And not far behind are generations X and Z which are tied at 11% each.

While it is identified as the digitally native generation in the study report, Gen Z “was less likely than any other generation queried to either already own or want to own/rent property in the metaverse.”

In other key findings, the study, which was undertaken by Cinch Home Services, found that 17% of men plan to invest in property in the metaverse while only 10% of the women had such plans. Meanwhile, the study results suggest current owners of land in the metaverse are willing to spend an average of less than $1,750.

“[Around] $1,743 was the average amount those who currently, or had plans to own or rent land in the metaverse would be willing to spend,” the study findings suggested.

As explained in the report, this figure ($1,743) is $700 more than “the average U.S. rent for a one-bedroom apartment.”

Property Location Most Desired Feature

Meanwhile, as shown in the study’s findings, the location of a property in the metaverse —just as in physical real estate — is listed as the most desired feature of virtual property. Style, lot size, square footage and display of NFTs are the four other most desired features of virtual property.

Study: 25% of US Crypto Investors Either Own or Plan to Acquire Land in the Metaverse
Image: Cinch Home Services

When asked about the type of virtual property they were interested in buying, some 44% chose a customized home. Private island (38%), land with natural resources (33%), and my childhood home (32%) are the next most popular types of virtual property.

What are your thoughts on this story? Tell us what you think in the comments section below.

Terence Zimwara

Terence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route.







Image Credits: Shutterstock, Pixabay, Wiki Commons, Cinch Home Services

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.





Source link

Related articles

Japan’s Metaplanet Acquires 463 Bitcoin Value $53M – Holdings Rise To 17,595 BTC

Trusted Editorial content material, reviewed by main trade specialists and seasoned editors. Advert Disclosure Bitcoin is coming into a crucial section after a number of days of heightened volatility and market discomfort. The latest...

Fed Fee Cuts Now Possible as Smooth Knowledge Erodes Confidence in Financial Resilience

Shares have been down for the week, and bond yields fell (yields and bond costs have an inverse relationship) as weak employment information and an announcement of upper than anticipated tariffs for a...

Commerce Apple After Fiscal Q3 2025 Efficiency

Based in 1976 and headquartered in Cupertino, California, Apple...

Alienware’s AW2725Q 4K OLED gaming monitor is all the way down to its lowest value ever at Amazon

Should you choose gaming on a PC as a substitute of consoles, it is best to hook it as much as a show that may help enjoying video games at increased body charges...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com