DigitalTwin

Apr
27
2022
By Ellen Britt
Digital Twins And Real Estate Investors – Are They A Match?

Digital Twins And Real Estate Investors – Are They A Match?

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Ellen Britt for CNT #NFTWhat exactly is a digital twin? It’s simply a digital version of an already constructed building that exists in the metaverse. What’s the value of that? Let’s get a closer look.There are several reasons why a home buyer might want a digital twin of a property. One of these is simply to have bragging rights! Yes, people love to show off all kinds of things, from their NFT social media profiles proving they own a Bored Ape to the latest Gucci bag. A digital twin of a luxury home a buyer just purchased gives them bragging rights…
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Apr
22
2022
By Ellen Britt
NFT Luxury Homes Are Trending

NFT Luxury Homes Are Trending

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Ellen Britt for CNT #NFTIf you are a real estate agent, or are friends with one, or if you are simply in the market for a luxury real estate purchase, you should care about the latest trend…NFT homes. We have already brought you news of luxury mansions being built that are backed by NFTs, so let’s get into the reasons NFT homes are such a hot topic.First of all, just what is a luxury home? Other than the immediate response of “one that costs a lot of money” let’s go a bit deeper. A luxury home is a one of a…
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Apr
20
2022
By Ellen Britt
Interest In Crypto Real Estate Is Growing

Interest In Crypto Real Estate Is Growing

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Ellen Britt for CNT #NFTIf you have ever gone through a traditional real estate sale, you know the process can be quite arduous. Inspections, title searches, reams of documents, signatures in a gazillion places and fees, fees and more fees! But there is a better way on the horizon.If you have been following any of our previous articles on real estate in the digital age, you can probably guess that this “better way” has something to do with NFTs. And yes, you would be right!Propy Goes First We brought you news about Propy, a company whose goal was to sell NFT-backed real…
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Apr
08
2022
By Ellen Britt
The Lure Of The Metaverse For Retail Space Property Owners

The Lure Of The Metaverse For Retail Space Property Owners

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Ellen Britt for CNT #NFT Due to the worldwide fallout from the pandemic, many retail stores were forced to close. Now that things are reopening, commercial landlords are looking for ways to lure retail space tenants back to their physical properties. The metaverse may just be the answer! Retail store owners, in addition to coping with the hardships that many retail spaces suffered during the pandemic, have to face the continued rise of ecommerce which continues to draw shoppers away from their physical stores. No wonder retail space landlords are having a hard time filling their properties! Picture This What if…
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Apr
07
2022
By Ellen Britt
Luxury Condos Come To The Metaverse

Luxury Condos Come To The Metaverse

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Ellen Britt for CNT #NFTWe recently looked at how luxury hotels could amplify their bookings via the metaverse. Luxury condos have the same opportunity. Here’s how!Build ExcitementThere has to be significant excitement around a new luxury condo building offering for units to get snapped up. Here’s how this excitement could be built up using the metaverse:Digital TwinThe developers could build a digital twin of the property and then use that digital space to hold virtual tours of the buildings. Potential buyers who express interest could then be offered an NFT of a portion of the virtual development which would then grant…
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Mar
19
2022
By Ellen Britt
Digital Twins For Businesses Big and Small Are On The Horizon

Digital Twins For Businesses Big and Small Are On The Horizon

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Ellen Britt for CNT #NFT Just like people can have a digital twin in the metaverse in the form of an avatar, businesses can also have digital twins of their physical spaces.  Technavio, a research firm in the tech space, anticipates the digital twin marketplace to grow to nearly $25 billion by 2025, a compounded annual rate of nearly 40% since 2020. Real-World Shopping & More Many larger companies are already using these digital twins for their products, factory floors, and warehouse to simulate real-world shopping experiences and to help with data analysis and decisions. Left Behind Just like in the…
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Mar
13
2022
By Ellen Britt
Your Digital Twin – Your Representation In The Metaverse

Your Digital Twin – Your Representation In The Metaverse

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Ellen Britt for CNT #NFT Do you remember the 2009 hit movie Avatar? One of the reasons it was so popular was that the moviemakers created an immersive world. There were no virtual reality headsets, just the cinematographers’ and graphics crew’s skill at using new technology to bring an alien world alive. Your Avatar Is Your Digital Twin The movie foreshadowed what is happening with technology today with the creation of the metaverse. Today, your avatar is defined as a figure that represents you, in video games, in internet forums, and now also in metaverse platforms, your avatar is your digital…
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