For all the hype around the metaverse, very few users are actually transacting in the 3-D future of the internet. CoinDeskIDEAS
had 38 active users in a given 24-hour period, if one defines “active users” as those conducting a direct wallet transaction with the platform’s smart contract.
Everyrealm initially focused on attracting metaverse real estate investors, but it now regards that category as only"one tiny portion" of its investment portfolio. Republic Realm, as Everyrealm was once known, purchased a virtual plot of real estate in the Ethereum-based game Decentraland at a price of more than $913,000 worth of the game's MANA cryptocurrency at the time.
Previously working in private equity, real estate and hotel development, Yorio started Republic Realm before spinning it off into its own company. Considering metaverse as"a very growing but early category," she said her fund is"a more conservative way to approach an early industry with this one."
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