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Republic Raised $50 Million in Reservations for New “MetaVerse Real Estate Investment Fund”

And it's not too late to invest

By Caleb NaysmithPublished 2 years ago 3 min read
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There’s no doubt the MetaVerse has been making waves in recent weeks following the announcement from Facebook, now “Meta”, about their plans to basically go all-in on the concept. Since then, nearly every token involved in the MetaVerse and similar NFT created worlds have been taking off. Some tokens have gained nearly 1000% in a few weeks, and still climbing consistently. With over 50 million raised by Republic for what equates to a metaverse ETF, it doesn't look like there's any signs of this trend slowing down.

Republic, one of the top crowdfunding platforms in the world, recently started accepting reservations for their “Republic Realm Metaverse Real Estate Fund”. It’s exactly what it sounds like, people will pool funds like an ETF and then Republic will manage them by buying and trading virtual property. People will earn dividends and appreciation of profits from this, and it will be like any other investment.

The one catch? All the assets will be completely virtual, and all the money goes to investing in "digital property". I can hear boomers rolling over in their bed from the mere thought of this. Laugh while you can, but this was created in March and has since returned a hefty 150% return in 10 months.

They give a nice breakdown of the current allocation of funds:

They have currently invested in 13 metaverse games, but they will most likely expand, and continue to expand, as they try to invest this $50 million dollars into these various games.

How to Take Part?

It's currently open for reservations, and you can find everything you need to know about where to invest, and whether it's right for you at this link:

https://republic.co/realm-metaverse-realestate

Republic hosts a

What does any of this mean?

The MetaVerse is essentially a buzzword for various virtual worlds where you, or someone, own all of the assets in-game. The land is owned, the players own their clothes, weapons, vehicles, land, and every other aspect of the game. Similar to how someone goes on to Fortnite or Call of Duty and buys a skin, this is the exact same. The one difference is NFT's might have a use case that is tied to a game, but NFT's and virtual property can be sold and held outside of the game.

Usually, another aspect of this is the fact that these companies have some form of in game digital currency tied to their games that you use to purchase these NFT's and digital property. So, you have this ecosystem where you buy crypto, use that crypto to buy land and assets, and use those assets to earn tokens, and sell them for a profit and increase the amount of tokens you have. All of this increases the price of the token, and thus helps make people money.

Underlies all of this is "blockchain". Blockchain, in simplest terms, is a recording ledger that is coded in a way that no one has access to it, and thus records things permanently. This is why sending these assets to the correct wallets and addresses is so crucial, because they can't be accessed by anyone, even the creators.

This helps give everything in Crypto it's underlying value. When an NFT is minted, it is given a code on the blockchain that verifies that an NFT is the NFT in question. Similar to how an artist signs their work, an NFT is given a code that says 'This code = this NFT". This verification combined with absolute, verifiable, and transferable ownership gives it value. This doesn't mean ANY NFT is valueable, it just means that it would be worthless if it didn't have those three properties. Similarly, once a token is created on a blockchain, you can't just delete it. It can be abandoned, worthless, and so on, but it's been minted and thus given that same permanent existence.

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