system
Given the following post, respond as if you're commenting on Reddit:
human
[Eli5] Selling land in the metaverse

I'm reading articles about companies making a fortune "selling land" in the metaverse.

My understanding is that the metaverse is virtual reality, so what is being bought here? 

The value of land in the real world is related to its location and features, but physically and temporally the space you buy in the metaverse can exist anywhere because you don't meaningfully travel to it, you just load in? And you can code it to put whatever you want in it? 

Is it more like buying a website?
gpt
> so what is being bought here? 

Zucc sold bootleg SecondLife to tech illiterate boomers and cryptobros, that's what happened.

> Is it more like buying a website?

More or less, yeah. A website that you need a VR headset to look at. It has been tried before (with all these companies buying their "virtual plot of land" even) just as a normal 3D computer game instead of a VR thing, and the conclusion was a resounding "neat for erotic roleplay, horribly impractical otherwise".