Buy digital land, that’s how you do it!
Buy digital land in the metaverse. Many people do it because it is a good investment.
The metaverse is hot. We are moving into persistent virtual realities where we will be living digital lives alongside our real lives. We will increasingly use these spaces to work, play, socialize and learn – anything we can do in the real world will have a “digital twin” in the metaverse. With which we can communicate without leaving our home.
Buy digital land
In this digital environment you can invest and make money, and just like in the real world. But we can also buy land digitally, which can bring in a lot of money in both the real and digital world. Superstars including Snoop Dog and global corporations including PwC, JP Morgan, HSBC and Samsung have already conquered plots of virtual land, which they want to develop for various purposes. Those who started early have already been able to earn a lot of money.
There are two main reasons why people do this. The first is the most logical: you are going to use the land for something. For example to build a house. Metaverse ‘homes’ are becoming a way for individuals to express their personality online or house their collections of unique digital collectibles. The second reason is that it can be a good investment. You can bet that the piece of land will be worth more money.
How
Buying land in the metaverse usually happens with cryptocurrencies – Ethereum is a popular choice, as is SAND (the currency associated with the gamified metaverse platform The Sandbox). Purchases of land on any of these platforms can be made directly from the platforms themselves. Sales and ownership of metavers land is recorded through NFT transfers, so the second thing you need is a wallet that can store it. Metamask and Binance are two of the most popular.
You can also buy it through. Platforms like opensea.io and nonfungible.com act as decentralized brokers for the digital domain. This allows sellers to list their property and prices and allows buyers to negotiate.
