More than half of family offices say their risk tolerance increased after the pandemic and the metaverse could be in their investment path soon. South Korea just invested US$177 million into the metaverse industry and big companies like Microsoft and Meta already made the plunge.
The metaverse is catching the eyes of all types of investors, including family offices. Clearly, other escapes from reality are not enough, such as social media platforms and streaming services, for example. Now, virtual reality is introduced to the public, and it is presenting some opportunities for investors to receive a predicted high return on investment (ROI).
In this article, we introduce you to the metaverse and why many of the legal and investment concepts should be familiar to real estate investors. In our next insight, we will address the issues virtual offices present in complying with the Americans with Disabilities Act (ADA).
