This is our first episode on the topic of digital land investing. Derek interviews WeMeta CEO/Founder Winston Robson to get an introduction to digital land and how it differs from physical land. They go over use cases, restrictions, future potential and challenges for digital real estate. It's super early in the space, but there are a lot of people betting on the future of land in the metaverse. Derek and Johnny end the episode with their takeaways on digital land and potential use cases of the metaverse. 

Winston Robson is a data scientist and CoFounder at WeMeta. Inspired by the open source capabilities within the MetaVerse, Winston launched the company in May of 2021. Originally from Los Angeles, Winston combined his knowledge of the real estate market and engineering capabilities to create the world’s most thorough MetaVerse real estate analytics platform: WeMeta. The company helps investors source through available MetaVerse properties and make sound investments.

Listen to ILAB 223 on iTunes here or subscribe on your favorite podcast app.

Where we are:

• Johnny FD – Greece / IG @johnnyfdj
• Sam Marks – Barcelona / IG @imsammarks
• Derek Spartz – Los Angeles / IG @DerekRadio

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Discussed

• WeMeta, the leading digital land marketplace

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• ArtofFX – Start with just a $10,000 account (reduced from $25,000)
• Fundrise – Start with only $1,000 into their REIT funds (non-accredited investors OK)

*Johnny and Sam use all of the above services personally.

Time Stamp:

• 10:10 – Can you tell me about your background and how you started WeMeta?
• 15:45 – Why should someone invest in digital real estate?
• 17:30 – How can you stop platforms from adding land making it infinite?
• 19:22 – Can you split up plots to fractionalise?
• 20:40 – What kind of activity are you seeing from the top 3 platforms?
• 23:05 – Are there alot of “land owners” in the various platforms?
• 24:32 – Why is dentraland plots more valuable than sandbox?
• 26:00 – What happens if a platform shutdowns or merges?
• 27:00 – Why does the plot of land actually look like?
• 28:08 – Why are there roads in the metaverse?
• 29:36 – What are the factors to consider with digital land?
• 31:05 – Does digital land have residential or commercial, etc zones?
• 32:43 – How can you purchase land in WeMeta?
• 34:14 – Does the land value change with the cryptocurrency value?
• 35:56 – What kind of land value growth are you seeing?
• 39:28 – How do you value a property?
• 42:22 – Do you find people are flipping undeveloped land, or are they building on it then selling it? 
• 46:45 – How does WeMeta profit from this?
• 49:12 – What are you looking at to purchase now?
• 45:42 – Johnny and Derek Review

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