Virtual Land Sales Over $ 100 Million Per Week Does The Real Estate Market Really Need Gold?

Yes, the big deal is breathtaking.

Interest in metaspatial areas such as virtual landscapes and virtual landscapes has increased. The demand for virtual land is increasing and the thinking about housing in the meta-world is “hot”.

Within a week (November 22-November 28), virtual land sales had surpassed $ 100 million, and Metauniverse seemed to be reaping the rewards. The idea for Metaverse is not a separate platform, but just as Facebook's name change to Meta is Metaverse's 'meet on ice', Metaverse has been pushed to mainstream content and is growing rapidly, includes several areas and territories. for

I don't have much to say. Today we are going to talk about virtual lands.

What is a virtual land?

Virtual real estate is real estate in the meta world. Each region benefits from a unique and non-homogeneous NFT (Non-homogeneous Hanging Coin) to distinguish each region and each exchange. Real estate providers and users can buy / sell on the primary and secondary business platform and use virtual real estate for real estate or business applications.

(Meta Universe: 3D online virtual platform where you can play, operate, exchange cryptocurrencies, etc.)

(Cryptocurrency: a digital currency or a virtual currency equivalent to "money" in the virtual world)

key players

Real world resources (such as game developers, Decntraland, The Sandbox, etc.).

Cryptocurrency buyers-companies, celebrities, individual investors (Metaverse group virtual real estate company, Token.com virtual real estate company and Metaverse real estate company, luxury brands LV, Gucci, Burberry, Adidas, etc.)

How popular are virtual lands?

According to DappRadar sales data, four meta-global projects totaled $ 106 million in virtual land sales in just one week. Around 6,000 merchants were attracted, mainly through sales on the Sandbox, Decentraland, CryptoVoxels and Somnium Space platforms.

Access the NFT pack in 7 days (DappRadar data)

Of these, The Sandbox has the highest sales ($ 86.56 million) and its closest competitor is Decentraland ($ 15.53 million). CryptoVoxels ($ 2.68 million) and Somnium Space ($ 1.1 million) have lower market share and volume than their competitors.

On November 30, part of Sandbox's virtual real estate sold for $ 4.3 million, set new records for the Metaverse virtual real estate exchange, and broke Decentraland's virtual real estate sales data. "out of Manhattan real estate".

Sandbox games are a type of game that evolves from sandbox games, which have one or more locations on the map, and generally have a variety of games, such as board games, gaming, shooting, and driving. The ability to change, interrupt, or even create a world is a hallmark of sandbox games. Creation is the main gameplay of the genre of the game and uses the elements provided in the game to create something special for the players. (Image: Sandbox official website)

Decentraland is an online virtual platform distribution based on the Ethereum blockchain, scheduled to launch in February 2020. After purchasing the platform's “virtual land”, you can create your own virtual home on it or create your own brand. , quit the game collection that is not working. (Photo: Decentraland official website)

Cryptovoxels is a virtual world and meta-spaces supported by the Ethereum blockchain. Players can buy land, build stores, and draw artwork. (Image: Crypto Voxel official website)

Somnium Space is an American platform for virtual reality games. Dedicated to using VR technology for games, start integrating VR technology with blockchain technology. Users have virtual ownership of the platform and can buy and repair their own land. You can create whatever you want. . (Photo: Somnium Space official website)

What are the characteristics and values ​​of the virtual field?

1.uncommon

In other words, it is "small soil", and the insufficient effect makes a debt. Although it will prohibit the Internet, Yuan Rim is not limited to the Heritage Cyan (platform), which someones can get the land. The idea of minimal devices is similar to Bitcoin, and the raring calls and numbers will not increase.

("If:" You can also understand the symbol of heritage and self.)

2.construction and landscaping

From good land and print out the points, good works will attract the players more, and players will not recognize this site.

(Examples: home and business stores, colleges, hospitals, stadiums, art galleries, etc. as long as there is something in reality or something that you want to do, you can know and work here, earn money and create happiness. Earn.)

Three.hom

Create value-added products, boost the real world economy, and pave the way for market growth.

(Examples: NIKE, Adidas, Gucci, Burberry, LV and other brands called Metaverse to explore new ideas to grow their brand.)

Nike became one of the first large companies to support the metaverse. Nikeland is a global custom 3D setup in digital form from our global headquarters in Beaverton, Oregon. Nikeland's immersive virtual space on the Roblox gaming platform is designed for users to play, compete and purchase Nike gear. (Photo: Roblox Nike)

What can virtual earth do?

He Weifeng, co-founder of the Meta Universe ecological education platform - Asia Allied Trust Group, said: Pricing and measurement standards. If necessary, the platform's exchange rate will be exchanged for local recognized Daicoins such as "Sand" from Sandbox and "Mana" from Decentraland, after which the land can be guaranteed, traded or leased.

Since the invention of blockchain technology, the acquisition of virtual asset members has also become an exchange. You can buy and sell users creating digital experiences on these virtual platforms. The market exists in the virtual world, and the payment method is also digital or encrypted currency.

Here is "What you can do after obtaining your virtual land":

1. Create virtual landscaping and create activities such as setting up shops or stores. (create your own or hire a virtual land developer)

2. Work or lease land to another company;

3. Hold meetings, conferences

4. Income from the sale of land

5. Virtual land mortgage

6. Design and operation of amusement parks

Today, it is difficult for most people to imagine life without the Internet. Fun and Fashion are two popular ways of the metaverse. Traders hope to seize this opportunity to build wealth. Therefore, buying and selling real estate in the virtual world is open to everyone. It's not just limited to species, it also connects communities and even people. It may also explain why companies and celebrities are entering Decentraland with great notoriety.

In the real world, everyone wants to live and work with comfort and satisfaction. Virtual earth can create new markets. It is also the rare layer of investment that constitutes the “industry boom” metaverse.

As of February this year, artist Singh has purchased virtual projects from Cryptovoxels, created his own artwork, and made over $ 1 million from NFT to sell his own work. . (Photo: Armrit Palshing)

The meta earth wave has arrived

The development of digital real estate business in the three-dimensional virtual world of virtual reality is just the beginning of the transition, and virtual owners are collaborating to create business models and integrate live in one place in the metaverse.

A few days ago, Jack Dorsey stepped down as CEO of Twitter to focus on Square's crypto efforts. Square also renamed it Block to indicate its future direction.

As more and more people enter the metaspatial arena, existing metaspatial platforms will be tested in the future, and there is still a lot of work to be done and improved.

The meta world ultimately has many virtual worlds. Some companies are already involved in the development of virtual fields, and in the future the users of these projects will come together to create a meta-world where they can work, such as sports, business and relationships.