DappRadar

The first quarter of 2023 has seen unprecedented growth and innovation in the world of virtual reality. From decentralized fashion shows to high-end luxury brands jumping on the NFT bandwagon, the metaverse is no longer just a concept for sci-fi movies. Join us as we take a closer look at the promising future of virtual worlds and the metaverse.Key Takeaways<ul><li>Virtual land trading reached an all-time high in Q1 2023 with 147,000 trades; Otherside and MG Land accounted for 75% of Q1 land sales.</li><li>Virtual world NFT trading volume spikes to $311 million in Q1 2023, a 277.12% increase from Q4 2022.</li><li>In Q3 2023, the four 10ktf NFT fashion collections emerged as clear winners in the NFT fashion industry, capturing a staggering 74% of the trading volume and establishing their dominance in the market.</li><li>$502 million were invested into blockchain gaming and metaverse projects in Q1 2023. Read the full article &#x1f449;<a href="https://dappradar.com/blog/virtual-worlds-soar-record-land-sales-generate-311m?utm_source&#61;cmc&amp;utm_medium&#61;community&amp;utm_campaign&#61;report" rel="noopener noreferrer nofollow">HERE</a>&#x1f448;</li></ul>

Virtual Worlds Soar: Record Land Sales Generate $311M

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