Mint & Burn Episode 35: "The Valuation of Virtual Land and the Metaverse"
In this episode, we explore some of the economic principles of the Metaverse in a discussion of how people are valuing land in virtual worlds, such as Decentraland. Based on a working paper, we ask what drives prices of virtual land and how this is linked to business applications, and explore what this might mean for virtual spaces and their business models, as well as real cities as they seek to digitise.