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Metaverse: Is Land Scarcity Good or Bad?

May 24, 2022, 10:37AM EDT • 18 min read Quick Take The main distinction between the physical and the virtual worlds is that lands in the former are naturally scarce.  The artificial scarcity imposed on web3 lands is keeping the lands from being productive and potentially leads to a web3 land crisis. The article discusses land value tax as one of the ways to curb extreme web3 lands speculations. Join The Block Research for exclusive research like this Gain access …