What is Virtual Land? Virtual Land is certainly an asset that has a high enough value because of its increasing needs.
Sciencelovers - The need for property is indeed increasing. Instead of buying properties such as apartments or landed houses. it's a virtual land trend again!
The trend of virtual land or land began to emerge along with the increasingly massive metaverse technology. Moreover, Facebook Inc. which has now been transformed into Meta, focuses on metaverse technology and increasingly popularizes the technology.
Metaverse allows many people to do virtually any activity, including owning land. As we know, property assets such as land or land are one of the most popular in the world.
For example, a New York real estate company called Realm is known to have purchased digital land for the US $ 4.3 million!
Not only that, as reported by cryptonews.com, now you can also buy virtual land in the digital world like Decentraland.
What is Virtual Land?
Virtual Land is certainly an asset that has a high enough value because of its increasing needs. Usually, the land is traded physically, aka visible form in the real world.
Then, what about virtual land?
As reported by cryptonews.com, virtual land is intangible land that exists in cyberspace.
Even though it exists in cyberspace, virtual land can also be sold as plots and can be purchased using certain land currencies, you know!
In fact, 99.co said, the virtual land selling price can continue to increase over time just like physical land.
So, it's not surprising that virtual land is considered a good investment.
How to Buy Virtual Land
You can usually buy land in physical form through the first party (land owner) or even through auction. Well, if it's virtual land, you can buy it through a number of digital platforms such as Decentraland and Earth 2.io.
How do you buy it?
Virtual Land Transactions Through Decentraland
Decentraland is a blockchain-based virtual reality platform that allows users to play games, hold events, interact with each other, and buy land!
Cryptonews.com said Decentraland is the largest virtual universe in the NFT space that has its own token, you know! The tokens are MANA and LAND.
So, each land or land (LAND) in Decentraland measures 16 x 16 meters and is represented as NFT.
Even so, the amount of land available in Decentraland is limited, so it is quite rare to own.
However, anyone can buy, rent, or sell land in Decentraland either through OpenSea or through Decentraland's official marketplace.
The advantage if you buy directly at the Decentraland Marketplace is that you can see neighboring areas and their proximity to famous areas.
If you want to buy, sell, or rent land through the official Decentraland marketplace, the methods include:
- Enter Decentraland Marketplace
- Choose your virtual land
Here, you will see land prices in MANA tokens, availability, and the name of the owner. Then, click "buy" to make a purchase. - Connect your wallet to Decentraland Marketplace
You see, the land will be sent to your wallet as NFT after the purchase is successful and complete. If you don't have a digital wallet, you can download wallets like MetaMask and Trust Wallet. - Confirm your virtual LAN
After successfully purchasing, you can confirm LAND in your digital wallet.
Virtual Land Transactions Through Earth 2.io
- Register and enter the earth2.io page
- Survey the land you want to buy by clicking “buy land” on the homepage
- Select the plot of land you want. Well, the type of plot you choose shows the number of plots you can buy per property with a maximum of 750 plots and varying prices.
- Pay for the land you want by clicking “Buy Now”. You can pay using PayPal.
