The virtual real estate market is booming. Many are wondering how to buy land in Metaverse, as it can be a significant investment and make blockchain games more exciting.

In this article, I explain how to buy Metaverse crypto land and how the land works in the Metaverse, the benefits of buying it, and how much it costs.

What is a Metaverse Land?

Metaverse Lands are the latest invention of the Internet age. This technology is a virtual country controlled and inhabited by people in the real world. More specifically, a metaverse is a network of a three-dimensional world connected to the Internet. People can enter this world through augmented virtual reality. This would be an incredible substitute for the computer experience, taking the digital world to the next level.

Top Places To Buy Metaverse Land

If we look at the past, the real estate industry was one of the largest in the world. It was a successful model. But it also had its drawbacks. It has a lot of involvement of intermediaries and the complexities of real estate trading. Today, they are no longer part of the equation, and the Metaverse crypto countries are taking over the business rapidly.

Decentraland

Decentraland is a blockchain play that focuses primarily on the concept of Metaverse. This platform runs on a blockchain network called Ethereum. This blockchain is added to this platform to support the sale of virtual land in the form of non-playable tokens. The decentralized metaverse platform system follows the idea of a structured grid system of 3D and virtual finite spaces. These metaverse lands are represented in the form of land tokens. Digital land buyers can arrange exhibitions using the real estate blockchain. Similarly, NFTs managed by Ethereum smart contracts represent this land in the decentralized metaverse crypto platform.

Sandbox

When it comes to virtual land, Sandbox can be considered one of the pioneers in this field. They have been in operation since the early 2000s. The platform debuted in 2010 as a mobile game and today offers more than 150,000 terrains that designers and users can use to create different digital experiences. 

Each plot offered by Sandbox is a unique Ethereum-based NFT, which can be purchased through Sandbox’s ecosystem or through leading NFT exchange platforms such as OpenSea, Zora, and others. Sandbox also features a cryptocurrency token ($SAND) that they can use to trade in-game, level up, and purchase land.

However, what makes this platform so special is VoxEdit. In simple terms, a 3D model editor and NFT creator allows users to design their own NFTs in a virtual world. Sandbox Game Maker is another tool for designing and developing 3D games you can share with your friends and the rest of the world in the powerful Sandbox marketplace.

Axie Infinity

The technical description of Axie Infinity says: “Lunacia, Axie’s home, is divided into symbolized plots that serve as home and base of operations for the Axies. Users can upgrade these plots over time with various resources and crafting ingredients found in the game.”

Lunacia consists of 90,601 plots, presented as NFTs, which players can freely exchange, according to the developer’s report. The Genesis item in question is especially valuable due to its rarity: only 220 of the 90,601 Genesis items in the game exist.

XANA

XANA is an open-source virtual earth platform that offers a VR world-building experience. It is also based on the Ethereum blockchain and has its own currency, XETA. Membership is free and a great way to monetize your virtual world activity. 

XANA is a pixel-based metaverse that evolves in digital space. Like the Decentraland platform, the XANA platform comprises real estate platforms called lands, and non-playable tokens represent them. Each land on the platform is unique and is based on the ERC-721 token standard. Users can buy and sell these virtual assets directly on the XANA trading platform or on various secondary digital marketplaces.

Earth2 ($E)

Earth2, a game developed using MapBox technology, is a geographically accurate digital grid on which you can invest in virtual properties called “tiles” (available on its marketplace). Each tile has a different value depending on its location. Depending on the country at stake, the value can range from $4 to $50. And just like real goods, this value can change by demand and earning potential over time.

Earth2 operates with its currency called $E. Although this cryptocurrency is not currently available for listing on the market, the creators of Earth2 say they hope to launch their token in the future. Compared to all the other Metaverse crypto platforms on our list, Earth2 promises to be the most compelling real-world simulation.

Final Thoughts

Blockchain technology and NFT are creating great investment opportunities for everyone today. A wide range of trading platforms with such capabilities are under development, and the Metaverse arena, in particular, is the current trend in the digital space. Creating a business model in this arena is very exciting regarding profit and revenue. Therefore, if we know which metaverse crypto ecosystems are trending, we can clearly know how to choose the right Metaverse to leverage. 

It is common knowledge that blockchain and NFT are the future of the digital economy. As I have shown in this article, becoming an owner of the Metaverse can be a great investment. It also adds an exciting layer to the blockchain game. However, the decision to buy land in the Metaverse is yours. Don’t forget that you can also rent land in the Metaverse, which can be a good option if you’re not ready to buy yet.

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