Editorial staff
Reporter
1 minute read
8 Apr 2022
7:32 am

Keep an eye on Eloff Street farm in the Metaverse

Editorial staff

Keep an eye out for that virtual farm, then. And hope it doesn’t get expropriated.

Chad Hager (L) and Victor Wu (R) host people at the Metasill NFT display booth setup at the North American Bitcoin Conference on January 18, 2022 in Miami, Florida. Picture: Joe Raedle/Getty Images/AFP

Years ago, there was an old saying used to show someone’s gullibility: If you believe that, then you may be interested in a farm I have for sale in Eloff Street. There are echoes of that, we must admit, in the current fad for blowing millions on objects – if you can call them that – which do not exist. You can, for example, spend a million dollars on a rock that doesn’t exist or several hundred thousand greenbacks on a yacht that will never be berthed in the Bahamas. It’s all part of that new make-believe digital world of...