Virtual real estate and metaverse mortgages | TerraZero

Risk aversion continues to play out on the crypto market with all the majors in the red as Russia sends troops into Ukraine. Bitcoin falling below US$37,000. This comes as Russia pushes ahead with crypto regulations in which it will be considered an investment tool, not legal tender. Meanwhile, the Metaverse continues to expand rapidly and Terra Zero is aiming to be a central player. The company develops and acquires metaverse projects, from mortgages, to activations and everything in between. It's all about providing solutions to link the real world with the metaverse. CEO and founder of Terra Zero, Dan Reitzik joined 'cracking crytpo' to discuss the real estate opportunities in the metaverse. Real estate in the metaverse is being sold for millions and for those who can't afford it, Terra Zero is now offering mortgages to purchase the virtual land. Currently there are four worlds which provide platforms to buy land, including Decentraland and Sandbox. And it's an opportunity the corporates haven't missed with such companies as McDonalds and Nike buying in. Dan explains why.