How to Optimize Yelp and Local Listings for Growth
Posted: Sun Jan 19, 2025 8:16 am
It is in light of these statistics that we can discuss the criticisms aimed at the investment of the government and the city of Seoul in the metaverse. While foreign media see South Korea praising the Korean metaverse, citizens fear the exclusion of the oldest or most disadvantaged populations . While South Korea has the highest poverty rate among seniors in the OECD , we can imagine that the latter are even more isolated by this virtual revolution. Finally, the most worrying is the threat of harmful speculation on virtual real estate.
While the surge in Seoul real estate prices marginalizes the poorest in the saudi arabia phone number library real world, the same mechanism seems to be brewing in the metaverse . Young Koreans are rushing to buy virtual plots (which are actually NFTs) in the marketplace The SandBox , which offers to buy 160,000 square meters of land spread all over the world. But history seems to be repeating itself: the prices of these real estate NFTs are skyrocketing and the most expensive neighborhoods in Seoul are going first. Even before it exists, young and wealthy investors have already planned their empire in the metaverse , and a new speculative bubble is emerging.
A young Korean cryptofan notes the rapid sales and rising prices of plots corresponding to the most upmarket districts of Seoul, “favorite areas” of the real estate market (in black on the map) Conclusion Even though Korea seems like the ideal land to launch a metaverse of culture, entertainment, leisure and administration, we must not neglect the exclusive nature of this technology, which is far from being accessible to all and requires heavy investments. Under its creative and inclusive airs, the Korean metaverse seems to be reproducing the flaws and failures of real life.
While the surge in Seoul real estate prices marginalizes the poorest in the saudi arabia phone number library real world, the same mechanism seems to be brewing in the metaverse . Young Koreans are rushing to buy virtual plots (which are actually NFTs) in the marketplace The SandBox , which offers to buy 160,000 square meters of land spread all over the world. But history seems to be repeating itself: the prices of these real estate NFTs are skyrocketing and the most expensive neighborhoods in Seoul are going first. Even before it exists, young and wealthy investors have already planned their empire in the metaverse , and a new speculative bubble is emerging.
A young Korean cryptofan notes the rapid sales and rising prices of plots corresponding to the most upmarket districts of Seoul, “favorite areas” of the real estate market (in black on the map) Conclusion Even though Korea seems like the ideal land to launch a metaverse of culture, entertainment, leisure and administration, we must not neglect the exclusive nature of this technology, which is far from being accessible to all and requires heavy investments. Under its creative and inclusive airs, the Korean metaverse seems to be reproducing the flaws and failures of real life.