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The 0.009 square km of virtual land in Metaverse has recently sold for a staggering 1Million or $974,674 after being put up by its owner at the MetaMall for 6 months. The buyer is anonymous who bought this land near the moon. There are still a lot of lands in Metaverse that you can purchase through Metamall.
What Is Metaverse
Metaverse is a new virtual or digital world that simulates real life. You can purchase land on the Moon or near prominent locations to attract more people to your property. Virtual properties are also increasing in value over time, making them an ideal investment option for people looking to make money from home.
The future of Metaverse property is looking bright and you can also create your own shops or services, allowing you to set prices for items in your shop.
Metaverse was introduced by South Korean company Samsung which is a multiplayer game. In the metaverse, you can create virtual characters or avatars and interact with others virtually.
Players can form communities and explore the vast world of Metaverse together. There are over 200 million registered users across 10 different continents including Asia, South America, and North America.
Metaverse is a free-to-play PC game with optional in-game purchases. The price of virtual land in Metaverse is determined by its location and the demand for such property on the market.
It costs $1Million to buy 0.009 square km of space which is roughly 160m x 160m in the virtual world. Currently, there are no properties available for sale on the Moon where the digital property is most likely to be priced at $1Million per unit. But still, you can buy land through Metamall where Metaverse land sale is live.
Price Of Digital Land In Metaverse
The digital land is part of the metaverse system, where people can buy or sell pieces of non-physical assets that are represented by a set of numbers in the virtual world. Virtual land can be developed into anything, such as properties, malls, and shops, giving it distinct value depending on its location.
The price of virtual land has skyrocketed in the past few months due to its rising popularity. Virtual land can be used to build your own shops or services, allowing you to set prices for other users. This trend has attracted businessmen and money-minded people alike who are trying to cash in on this new technology. Investing in virtual properties seems like a good idea, as their value is rising exponentially and the demand for such property will follow.
How To Buy Land In Metaverse
If you’re interested in buying land in Metaverse, follow these steps:
- Go to the MetaMall website and log in
- Find a property that you want to purchase. And Click on the “Buy” button
- Enter the amount of the property and click on the “Confirm” button and your purchase will be complete.
How Much Does Virtual Property Cost?
Virtual properties are not bound by the same laws as physical properties, giving room for much more flexibility. The price of virtual property is also determined by its location. Virtual land situated close to popular locations tend to have higher prices than those located in remote areas. For example, there are currently no properties available for sale on the Moon, where properties are most likely to be priced at $1Million.
Placing your property close to popular locations may attract more people and increase property value over time. You can also build shops or services that belong to you, which will allow you to set prices for items sold in your shop.
Benefits Of Buying Land In Metaverse
There are many benefits of buying land in Metaverse, including:
- Increased Security: Virtual properties are not bound by the same laws as physical properties, giving you increased security.
- Increased Value: The value of virtual properties is constantly increasing, so you can make a profit by reselling them later on.
- Investment Opportunity: Virtual properties are a new form of investment and their value is only going to increase over time.
- Increased Privacy: Since virtual properties are not bound by physical laws, you can keep your ownership of them private if you choose to do so.
Metaverse has a diverse and ever-expanding virtual landscape. You can create your own shops or services, allowing you to set prices for items in your shop. With the passage of time, the price of land and properties in the metaverse is increasing which makes it ideal for investment for those who want to make money from home.
Future Of Metaverse Property
The future of Metaverse property is looking bright. The value of virtual properties is constantly increasing, making them an ideal investment option for people looking to make money from home. Virtual properties are also not bound by the same laws as physical properties, giving you increased security.
You can also create your own shops or services, allowing you to set prices for items in your shop. Furthermore, the virtual landscape is diverse and has a lot of room for growth, making Metaverse an interesting investment opportunity for you if you are looking to purchase properties today.