Metaverse: what the digital underworld is like for buying real estate

Metaverse: what the digital underworld is like for buying real estate

Buy estate in it metaverse is still valid. Although the craze for this world has moderated a bit, there are several property options for those interested in investing there.

To buy estate in it metaverseFirst you have to create a digital wallet. Most of the platforms metaverse They operate with cryptocurrencies such as Ethereum (ETH) or ecosystem-specific tokens.

Within the virtual world, there are estate available for purchase or rent. Some land is sold directly on a marketplace within the metaverse platform or through third-party sites. When purchasing the propertythis is recorded in the blockchain, which guarantees the owner that the property is theirs.

How to generate income with virtual properties

There are several ways to monetize a property in it metaverse. On the one hand, it is possible to rent the property to other users who wish to use it for events, shops or exhibitions. Some people also buy properties virtual in high traffic areas to place advertisements or promotions.

Many also choose to build engaging experiences (for example, a game, a virtual art gallery, or a venue). There you can sell access to those experiences or the products within them.

And if the value of the property increases over time, reselling it at a higher price is also another option.

What are the risks of buying a property in the metaverse

The prices of the properties Virtual currencies can fluctuate significantly due to speculation, supply and demand. On the other hand, sometimes it can be difficult to sell properties quickly, especially if they are in less popular areas.

The success of the investment depends on the growth and adoption of the metaverse. If the platform loses popularity, properties they can lose value.

Famous houses of the metaverse

In the metaverse, houses and properties The most famous or innovative are usually those that stand out for their innovative design, location in key locations or for being related to brands or celebrities. These virtual properties are not only architecturally impressive, but can also have a high value due to their popularity and exclusivity. Below, three famous houses from the metaverse:

Snoop Dogg’s mansion

Snoop Dogg’s mansion on The Sandbox platform is one of the properties most emblematic of the metaverse. The famous rapper and businessman has a virtual house with a series of interactive elements, and it is a place of attraction for both fans and investors. In addition to being a house, it also functions as a venue for virtual events and concerts. This property It is a symbol of the presence of celebrities in the metaverse.

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Paris Hilton’s house

Paris Hilton’s virtual home, also in The Sandbox, is luxurious and full of glamorous details. Hilton’s mansion not only serves as a space for her personal brand, but also includes a virtual nightclub where users can interact, attend exclusive parties and events.

The house of “Atari”

Atari, the famous video game brand, has a prominent property in Decentraland, another platform in the metaverse. This house is not only an attractive virtual space, but also a recreation center that represents the history of video games. It is used to promote the brand and host activities related to digital entertainment, such as games or community events.

Source: Ambito

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