4 Easy steps to Buy Land in Metaverse, what is Metaverse Land, what are the platforms to buy or sell property in Metaverse?
Many of us often has above questions in mind about metaverse. This blog tries to cover all those doubts.
Real estate is out of reach for many of us or is very hard to afford.
Have you ever heard about land in Metaverse? It’s a real reality of unreal world. Yes, people are queued up to buy property in the virtual world
Be a rich person or not, people are interested in making deals in Metaverse. Land sellers are selling it for millions of dollars.
Let’s read out in blog on why people are interested in metaverse? And how to buy land in metaverse?
What is the Metaverse property or metaverse land?
Metaverse spaces are the plots of free land, which can be easily purchased and used for different purposes. This land can be purchased, sold and transferred in the form of non-fungible tokens (NFTs) in exchange for cryptocurrency. So, Metaverse land can be considered as pieces of NFTs.
Metaverse Spaces are important as one can do numerous things such as play games, meet people, participate in events.
We can normally purchase a plot of metaverse land through the platform’s marketplace.
This virtual property market has already became a big business and reach near to a billion dollar.
Why buying land in Metaverse is so popular?
Follow my other blog to know about the answer to above question –
Click here – https://innobizz.com/did-you-know-this-about-metaverse/
Now the big questions is – How to buy Land in Metaverse?
Below platforms sell and buy Metaverse land-
The Sandbox – This platform is one of the top marketplaces to buy Metaverse. $SAND is their main utility token that allows you to buy and sell LANDS and ASSETS in The Sandbox metaverse.
A Metaverse LAND is a piece of The Sandbox Metaverse, providing access to exclusive content as well as granting the possibility to monetize your own part of The Sandbox’s Metaverse. Build experiences, host events, invite friends.
You can refer to below link to buy land in Sandbox –
Decentraland – Decentraland is the first fully decentralized virtual world. It was always part of the original vision to hand over control to the people who create and play in this virtual space. In short – you, the users. Through the DAO, you are in control of the policies created to determine how the world behaves: for example, what kinds of wearable items are allowed (or disallowed) after the launch of the DAO, moderation of content, LAND policy and auctions, among others.
Refer to below link to know more about Decentraland –
Click here – https://dao.decentraland.org/en/
Somnium Space – From conference or commercial spaces, to art galleries, to family homes and hangout spots, Metaverse Properties offers land in premium locations in Somnium Space for individuals, enterprises and institutions.
Refer to their website and get the feel of virtual world –
Click here – https://somniumspace.com/
Upland – Upland, the Earth’s metaverse where you buy, sell, and trade virtual properties mapped to the Real World. Become a digital landowner or run a virtual business to earn UPX coins. Connect with fellow Uplanders to build one of the largest communities and digital marketplaces. Be the True Owner of your digital assets powered by Blockchain Technology.
Refer to below link to know more about Upland –
Click here – https://www.upland.me/
To make a Metaverse land purchase, one need to follow the 4 below steps –
1. Open a Crypto Wallet
The first step towards making a purchase in metaverse is – You will need to have a crypto account in order to buy sell property in Metaverse. This is also called a Digital Wallet which will account for your digital money. There are many platforms which offers to create a crypto account. Just make sure that you are creating account into some authenticated platform as you are going to spend hard earned money.
Furthermore, selection of which digital wallet is required to purchase items into metaverse, hugely depends upon the metaverse platform you are using. Important point to keep in mind is that your crypto walled must support the currency of the metaverse world that you are willing to invest into. These details can easily be found on any metaverse platform through which are willing to invest into metaverse land.
2. Buy Cryptocurrency
Once you open cryptocurrency account, next steps become to make some purchase for cryptocurrency.
Below are the 5 popular coins to make a purchase in Metaverse –
ApeCoin,
Sand,
MANA,
Floki Inu,
Epik
3. Choose your desired Metaverse platform
You can directly visit the metaverse platforms such as Sandbox and Upland to buy land. Otherwise, you can go to the platforms such as https://metaverse.properties/ to buy and sell metaverse land on different platforms. They offers a unique and easy view to search virtual property.
4. Finalize the deal
Now, as you have followed above 3 steps to purchase a land in Metaverse, the next and last steps is to finalize the land and make a purchase. Once you become land owner, marketplace will also allow you to enrich the property, build something on top of land, but accessories and even to sell the land.
How will you know that Metaverse land is purchased? Or what is the form of Metaverse land?
Answer to the above question is that once the sell/ purchase is done, you will see it in your wallet in the form of NFT.
I hope that you enjoyed reading above blog. Please let me know in comments if you have already purchased or willing to buy it in near future?
Please also like and rate this article. It will help me to gain motivation. You can also mention ant other area want me to cover in forthcoming blogs.
If you are interested in NFTs, please refer to below link to know more about Non-Fungible Tokens –
Click here – https://innobizz.com/nft-a-bubble-or-future-uncovering-the-answer-in-this-blog/
You can also refer to below link if willing to purchase any popular Metaverse related domain names – Click here – https://innobizz.com/domains-listing/
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