The Metaverse Real Estate Boom
Thinking about buying a plot of land?
Well forget Miami Beach, an apartment in Paris or London or a villa in the Seychelles, the hottest new location for real estate is the Metaverse.
That’s right, virtual land is driving the latest boom in the NFT and Real Estate industries.
The metaverse is meant to encompass everything that exists virtually, from digital art to virtual worlds, then it stands to reason that real estate in the metaverse is the first step. These virtual worlds each offer different things to consumers: realistic graphics, gaming opportunities and much much more. (Snoop Dogg, for instance, staked out a home for himself in The Sandbox; Paris Hilton has an island in Roblox.)
A Las Vegas resident recently purchased a virtual gas station inside a play-to-earn game called PolkaCity…that online petrol station pays out weekly passive income, yielding $16,000 a month.
So, if you fancy owning your own plot of land in the Metaverse, the current top “metaverses” are:
The Sandbox where the lowest-priced virtual plot of land is for sale for just under $10,000. One person recently bought a plot of land in the Snoopverse — a virtual world rapper Snoop Dogg has developed within The Sandbox — for US $450,000 (around £332,500).
Decenrtaland (MANA) — Where Domino’s is selling pizzas that are delivered right to your actual physical door. Simple, but revolutionary,
A patch of virtual real estate in the online world Decentraland sold for a record $2.4 million worth of cryptocurrency,
https://www.reuters.com/markets/currencies/virtual-real-estate-plot-sells-record-24-million-2021-11-
So if you fancy getting yourself a plot in the Metaverse then take a look at what’s currently on offer on the Banana Tree website: https://bananatree.io/metaverse-nfts/
