🏠Will digital real estate be as valuable as real houses?

July 12, 2022

GM 👨‍👩‍👧‍👦

Seedphrase Daily👋 The crypto oracle, telling you our future predictions on the market.

Today’s estimated research time is 6 hours and 33 minutes condensed into a read time of 5 minutes. Stay tuned to where we talk about:

  • 🏠Future of the metaverse and digital real estate.

  • 📲Can the Solana Phone Disrupt the Phone Industry?

  • 💂‍♀️New stablecoin pegged to the british pound

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  • The monopoly FTX is becoming

  • Tai Lopez and the Radio Shack Strategy

  • Insights from a founder of an NFT Project

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🏠Future of the metaverse and digital real estate.

From September 2019 to March 2022, VRE prices went up 879%, while real-world real estate grew 30% during that period. Obviously, we can't compare the value of a house to virtual land, especially if someone needs somewhere to sleep.

But, we can look at the current state of technology and make a prediction about the future.🔮

The average person spends about 4 hours on their phones alone. The on-screen time is even more, including TVs and computers; it averages about 12 hours daily. It all adds up when checking who messaged you, watching an episode on Netflix, looking at charts, or mindlessly scrolling.

Now imagine a world where VR workplaces, school, hanging out and entertainment are all normalized(this sounds like a dystopian future😅). People will spend more time in VR than in the real world, and we see it already happening with social media.

When the technology gets advanced enough, people won't be able to distinguish the two. You'd be able to be whoever you want, do whatever you want and have all the same feelings you would usually get if you experienced it for real. You could go to work as a gorilla, slay dragons with your friends and even have sex. It's too good of an offer for everyday people to pass up and lose control. 🐲

💸Here's how the money will be made.

Owning virtual land would allow you to monetize it in several different ways (just like you'd be able to monetize platforms and apps now)

In comparison, the ad industry, which now stands at around $766B, it's expected to hit $1T by 2025 and the mobile gaming industry is estimated to hit over $150B around the same time.

We've all heard the stories of people like David Dobrik making hundreds of thousands of monthly ad revenue or Kylie Jenner closing million-dollar deals by posting Instagram picture promotions.

What would happen if everyone's dreams could turn into reality with a $400 VR headset and a 20-second ad? 🥽

This is where the opportunity for companies and you to own land in the metaverse comes.

  1. Advertising - Online ads before loading in, billboards in metaverse cities, the possibilities are as endless as the internet and could interest companies to generate leads.

  2. Loaning NFTs - Skins, resources, land, characters, anything people would want can be used as an asset with no other replicas in circulation because of blockchain technology. You'd be able to rent out your NFTs for profits rather than just holding.

For example: If someone wants a skin you own in their favourite game, they'd be able to loan it for x amount. If you own digital land that someone wants to use as a workspace, there's potential to collect rent.

People are already trying to find ways to escape their reality. Once it's more developed, it's only a matter of time before people put their attention there and for others to capitalize on it. Attention is currency.

⏰Right now

Some big brands are seeing this opportunity and are acting fast. Adidas, Burberry, Gucci, Nike, Samsung, and Luis Vuitton all own land in the metaverse. Even JP morgan! They predict the industry will have over $1T yearly revenue by 2030.

Although the industry is new, metaverse land prices have been holding up during these market climates. The Otherside metaverse raised $320M in ETH from land sales. Decentraland ranks second, and Sandbox ranks third in cumulative sales value.

But remember, VRE is still a brand new industry compared to real-world real estate, growth will be exponential, and a large percent of the current VRE platforms will not survive. Just look at all the exchanges going down the toilet. 😅

While speculation is currently high, major mainstream companies like JP Morgan, Nike, Adidas, and Louis Vuitton express interest and are taking action to buy land in the metaverse. It is very convincing that this industry/technology is here to stay, and we should find ways to use that knowledge to make plays.♟

📲Can the Solana Phone Disrupt the Phone Industry?

Solana announced the Solana Mobile Stack (SMS) a few weeks ago, which allows developers to build native mobile apps that include experiences with wallets and dApps made on Solana via Android. The android phone is available to pre-order for $1,000, planned to ship in Q1 2023.

📸Here's the bigger picture people are missing about the new Phone

Currently, apps that bridge web3 dApps are browser-based. This can be crypto exchanges or NFT marketplaces that interact with a wallet. Being browser-based drastically limits the user experience.

Have you ever played a bootleg pokemon game on your Phone?

The introduction of Solana Mobile Stack (SMS) makes the wallet a layer of the Phone's operating system, allowing dApps to run natively and as smoothly as phone apps. dApps can be downloaded natively and don't need a separate wallet to interact with because the seed phrase and info are already built-in.

"It will provide a distribution channel for apps that want to establish direct relationships with their customers, without other app stores' rules restricting the relationship or seeking a large revenue share. The goal of the Solana dApp Store is to empower the Solana community to eventually play a key role in managing the contents of this app store."-Github

The only issue with releasing SMS on its own is because they need other companies to make phones utilizing the same technology📲

People need something they are proud to work and develop for, so seeing a functioning and working product creates hype for other developers to adapt. Similarly, companies like Tesla and Apple use the halo effect to release high-end products first.

This isn't only about a new phone. It's about making noise through the whole mobile and app industry.

🙅‍♂️SMS won't just be on phones

Millions of people prefer using PC over mobile, but if their native dApp phones perform better than their $10000 PC, there will be an influx of new desktops to payment systems to keep up with the advancement of games P2P transactions. The Solana team is bridging the technology of Web3 deep into the technology we already use, simplifying the current "complex" usage of wallets and blockchain. And in time, we won't even know that we're using it. It'll be just how it is.

Did you place a pre order?

💂‍♀️New stablecoin pegged to the British pound

Fintech firm Blackfridge has launched a new stablecoin that is fully backed by the British pound (GBP). The new "pound token" (GBPT) will be available to trade on Gate.io, Bittrex Global and Uniswap, Blackfridge

Every token issued there will be an equivalent in GBP held in reserves. GBPT reserve status is regulated by the Isle of Man Financial Services Authority, which supervises deposits and investment business in the self-governing British Crown Dependency.

On top of that, the Big Four accounting firm KPMG has been appointed to audit poundtoken's reserves — a process that will occur monthly. KPMG is part of the "Big 4" accounting firms with an experienced team and a fantastic reputation. Having them perform an audit will help build trust in the industry and bolster the confidence of GBPT.

It also provides transparency and accountability to help instill public trust and build the reputation of GBPT. Which could lead other industries to follow.🤝

🌱NewSeeds

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See you Tomorrow! ✌️

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None of this is financial advice. This newsletter is strictly educational and is not investment advice or solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research!

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