Metaverse development led to the creation of exciting new options for using blockchain. Because of the growing popularity of the NFT, the virtual land has become a new trend and a profitable business.
The real estate sale in the Metaverse have already exceeded $ 500 mln. and could double this year.
Each virtual marketplace contains information about the coordinates of selling real estate, prices, distance to business areas and popular areas.
One of the main platforms is The Sandbox. Plots on it started to buy back in 2019. Here you can create, buy and sell tokens LAND.
Non-fungible tokens are ideal for representing land rights, as each of them is unique and allows us to prove the digital ownership.
The landowner usually acquires site for online events, placement of content, advertising, and more.
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