Jeran Miller

@WebbEmotional Could you elaborate on what these in-game mechanisms might be?

9/ One potential way to do this is to create in-game mechanisms that allow speculators to directly invest in and support the development of virtual businesses. This could provide a win-win scenario, where speculators can profit and help to drive economic growth and development.

Virtual land in video games can be bought, sold, and traded, often for real money. Speculation, where players hold onto land hoping to sell it later at a higher price, can inflate land prices and distort value. A Thread 🧵

A potential hot take from my latest article: "Unfortunately, applying any standard definition, you cannot 'own' virtual real estate at this time." Find out why I say that, and why it might not matter. @jeran.miller/what-is-virtual-real-estate-ownership-really-5c1be964207a" target="_blank" rel="nofollow noopener">medium.com/@jeran.miller/… #virtualrealestate #web3 #nfts

It's been a long time coming, but the latest article is live! "What is Virtual Real Estate 'Ownership,' Really?" @jeran.miller/what-is-virtual-real-estate-ownership-really-5c1be964207a" target="_blank" rel="nofollow noopener">medium.com/@jeran.miller/… #virtualrealestate #metaverse #web3 #nfts

Hey all! A new #virtualrealestate article is coming your way tomorrow! It’s been a long time coming, but it’s finally nearly ready.

@jradoff A pretty major exception. Good on you for catching it and pointing it out.

“Gaming assets being an exception”

Imagine there was no resale market for anything you bought in your life. This is the digital status quo.

So frustrating. Why characterize NFT-based ownership as a way to "wring" money from users when the status quo has *no* means of recuperating funds spent on in-game items? It's 100% extractive as it is now. #cryptogaming #web3 #metaverse bloomberg.com/news/features/…

Well, this is amazing. A reminder that virtual reality is limitless. youtu.be/23RS3RAg16k

Oh no! Lol. Hereby christening the hashtag,#LegGate! forbes.com/sites/paultass…

EveryRealm has launched a game. As a real estate guy, it's a little too close to my actual work for me to play around with it in off-hours, but check it out: cryptotimes.io/everyrealm-lau… #metaverse #virtualrealestate

@ParcelNFT Of course!

Parcel's quarterly report is always super well done. Good info. #metaverse #virtualrealestate

I kind of hope Meta never updates their avatars so I can continue to appreciate the visual irony of their world not having legs. #metaverse

New book alert! “Virtual Society” by Herman Narula just dropped. I picked up an audio copy. Here’s a link: amazon.com/Virtual-Societ… #metaverse #virtualworlds

It seems to me that, if he wanted an #openmetaverse, he'd make it so you can actually own something in his. 9to5mac.com/2022/10/11/zuc… #web3 #Metaverse

Looking forward to this upcoming talk with MetaCat and the other guests Wednesday at 9am EST! I’ll offer my thoughts on decentralization in the contexts of virtual worlds and the #virtualrealestate market.

Source: futurism.com/the-byte/metav…

It's something that had been brewing for a few months. In case you missed the controversy over the number of "active users" on #Decentraland, here's a summary. Source in comments. ...Even 38 "contract interactions" in a day seems like an alarming figure. #metaverse

Some hypothetical questions: 1) To what extent is "ownership" about *control* as opposed to possession? 2) Can you own anything outside of a legal framework for it? 3) If someone had to demonstrate their ownership of #virtualrealestate, what could they offer? Is it convincing?