Description

What is the metaverse and how will it impact the commercial and corporate real estate industry? Conceived as the next generation of the internet, technologists describe the metaverse as a shared, 3D virtual environment. There, people meet for activities ranging from playing games to conducting business. It's a combination of multiple elements of technology, including virtual reality, augmented reality and video where users "meet" within a digital universe. And just like real estate, it appears the metaverse will be guided by the same principle as in the physical world: location, location, location. Transactions for properties in these new digital realms are escalating as major corporations position themselves to capitalize on this new digital frontier. This week, Realcomm Live welcomes Kunal Lunawat, co-founder and managing partner of Agya Ventures, a venture capital fund focused on real estate technology. Kunal will discuss the power of AI and the metaverse and explore how it will inspire a bustling new economy at every level.