Decentraland launches virtual property renting for LAND owners

[The_Krakenite]

I read the article this morning. I'm not so sure this will be a benefit to conglomerates like Tokens.com which had created a pro-prietory system to already rent out land to large name-brands.

On the other hand, this may re-kindle a lot of foot-traffic again, which will benefit landlords, so maybe it will be a wash for them.


https://cointelegraph.com/news/decentraland-launches-virtual-property-renting-for-land-owners

 

[sridhga]

The closest that I can relate to is the game Monopoly that we used to play while we were kids.

 

[The_Krakenite]

Loved Monopoly, unfortunately the income couldn't buy real houses

Tokens.com (COIN on the NEO Stock Exchange) was actually cash-flow positive for a while... then the Fed deflated all that.

I'm still sitting on the edge here debating on when to make a move. Collecting real estate in REITs every month, and willing at the big red sales-tags to add some digitized real estate for once. Yes, it may be silly, or it could be another 10x-100x bagger again.

One thing I don't like is that one of the co-founders of Decentraland left to work on a competing project. Well, that's a big kink now in Decentraland's moat.