Investors are spending real money to buy land in a new city that only exists in virtual reality. Buyers can build whatever they want on their plots in Decentraland. Many hope to make a profit trading goods and services in the virtual world’s own crypto currency. But will Decentraland be an online utopia or a cyber slum?

Source: BBC

Date: September 5th, 2018

Link to video: https://www.bbc.com/news/av/stories-45275461/the-virtual-land-selling-for-millions

Discussion

1) A good ten years ago, a very similar community called Second Life was created, with people conducting business inside it, including Best Buy, IBM and even political candidates.   Why should Decentraland be successful ,whereas Second Life (which is actually still around) was not so much?

2) Does it make sense to invest in virtual land?