Real estate business

Zaha Hadid Liberland gets dibs on Metaverse real estate business

Just because the world of the Metaverse sounds and feels endless doesn’t mean you can’t claim a piece of virtual land.

Much of the Metaverse’s coverage revolves around virtual items, virtual currencies, and virtual travel, focusing on things that are always transitory in one way or another. Given that we can’t spend 100% of our time in virtual worlds, it’s no surprise that there are few stories about more permanent places in the metaverse. World-renowned architects Zaha Hadid could change that with what may be his most ambitious project yet, creating a virtual equivalent of a real-world country whose very existence is still disputed.

Designer: Zaha Hadid Architects

The almost redundant Free Republic of Liberland is a self-proclaimed micronation established in 2015 on a disputed patch of land between Croatia and Serbia. Since its inception, the ZHA has been involved through its director Patrik Schumacher. Predictably, Liberaland’s political and legal journey to international recognition has so far been a rocky journey for its proponents, but the minds behind it are taking their efforts to the next level by claiming parts of the metaverse.

Liberland Metaverse is pretty much the virtual equivalent of real-world land, which will likely see less conflict given that it will be nearly impossible for it to encroach on other virtual lands. The Metaverse release will also house ZHA’s parametric and curvy architectural designs, but with more freedom to break free from the rules of physics. Some virtual structures will seemingly defy the laws of gravity, for example, and be able to present Zaha Hadid’s visions more closely due to this freedom from real-world restrictions.

The virtual country will always have links with the real world, mainly in function. There will be a town hall for residents and virtual visitors to visit, as well as spacious plazas for virtual exhibits and relaxation. No Metaverse location would be complete without a space dedicated to NFTs, of course, and there will also be locations dedicated specifically to conducting business around cryptocurrencies.

Liberland Multiverse is still a work in progress, but one of the goals is to have virtual plots of land for sale that would also translate into stakes in physical Liberland. This is going to be a harder sell, no pun intended, given the micronation’s current status, but it could set a precedent for how the real estate industry might be able to use the metaverse to its advantage.

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