As the idea of “the metaverse” grows in popularity, projects selling land in their own metaverse grows more popular too. But is this really a good long-term strategy?

In this episode, Carly sits down with Lars Doucet, the Co-Founder of Level Up Labs, a consulting firm focused on blockchain gaming.

Lars is a digital land expert who has studied what happens when you sell “land-like assets” in virtual worlds. (Hint: digital economy land recessions). He explains why selling land can be a losing strategy, the situations in which it does work, and how some of these high-profile projects who have already started selling land (**cough cough Otherside, cough cough Axie Infinity**) can do from here to prevent the worst from happening.

Digital land is one of, if not THE hot topic of NFTs as of late and it’s important we all understand it a little better.

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RESOURCES:

• Lars Doucet

• Land Value Tax in Online Games and Virtual Worlds: A How-To Guide

• Metaverse Land: What Makes Digital Real Estate Valuable

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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

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