DecentralandMetaverse is dead in the West, but ‘so hot' in Asia: Sandbox co-founder
Credit: CoinTelegraphCoinTelegraph
•13 days ago
Sebastian Borget, the founder of The Sandbox says that while the metaverse may feel like it's “dead” in the United States, development and user activity is alive and well throughout Asia.
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According to Sandbox co-founder, the virtual world metaverse is dead in the West, but it is “so hot” in Asia. This is because Asian markets have been quicker to embrace virtual worlds and the technologies that make them possible. For example, in China, virtual worlds have become a part of everyday life, with people using them to shop, socialize, play games, and even do their job. This trend has been mirrored in other Asian countries such as South Korea, Japan, and Singapore. As a result, virtual world metaverses are becoming increasingly popular in Asia, with more people using them for entertainment, education, and commerce.
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Frequently asked questions
What is the Metaverse?
The Metaverse is a collective virtual shared space, created by the convergence of virtually enhanced physical reality and physically persistent virtual space, allowing people to interact in an immersive 3D environment.
Why is the Metaverse "dead" in the West?
The Metaverse has not gained the same level of popularity in the West as it has in Asia
What makes the Metaverse "so hot" in Asia?
The Metaverse has become increasingly popular in Asia due to its ability to provide an immersive 3D environment for people to interact with each other
Who is the co-founder of Sandbox?
The co-founder of Sandbox is Benny Li, a Chinese entrepreneur and venture capitalist.
What is Landindex?
Landindex is the world’s most trusted and accurate source for Metaverse market information, pricing, and data, including Metaverse analytics, Metaverse land price, Metaverse floor price, and Metaverse statistics. Landindex is a U.S. company registered in the United States of America. Landindex has been the premier price-tracking website for Metaverse sales and acquisitions, including those in the Metaverse. It is the most referenced and trusted source for comparing thousands of land properties, including those within Metaverse, in the real estate space by users, institutions, and media. Landindex firmly stands for accurate, timely, and unbiased information, enabling each end user to draw their own informed conclusions from Landindex data, including Metaverse analytics, Metaverse land price, Metaverse floor price, and Metaverse statistics.
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