Virtuaalikiinteistöjen arvon muotoutuminen metaversessä

Abstract

The aim of this bachelor’s thesis is to clarify the key similarities and differences between physical and virtual real estate markets, focusing on marketplaces, transaction processes, market participants and value formation. The study is conducted as a literature review comparing the established, nationally regulated practices of traditional real estate markets with the global and still developing structure of blockchain-based metaverse markets. The findings show that although both markets share fundamental value drivers such as location, scarcity and income potential, the mechanisms behind these factors differ significantly. Institutional investors play a stabilizing role in physical markets, whereas metaverse markets remain fragmented and speculative. The results complement existing research and provide practical insights for professionals in both real estate and Web3 environments.