00:00Back in my day of 2005, when the internet was becoming more popular, a college kid from the UK came up with a brilliant idea to fund his college tuition.
00:08It was called the milliondollarhomepage.com.
00:11It exists today, and it's a webpage that has a thousand pixels wide by a thousand pixels high.
00:17Anyone could buy a tiny little pixel to advertise their company or their service.
00:21The idea of this spread like wildfire around the internet, he charged people $1.
00:27Before you knew it, all of the squares were sold out, and it made Alex a million dollars.
00:33Now, the people that bought these squares never really saw a return on their money, but it made the creator rich.
00:40This story has a parallel to what's going on in the world of the metaverse and land and NFTs,
00:46because the only guaranteed winners that are this early in the game are the people selling you the dream of owning land.
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