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Parcel is an NFT marketplace for users to transact in, learn about, and build plans for virtual real estate. While OpenSea focuses on all types of NFTs, Parcel focuses exclusively on virtual real ...
Buying virtual real estate is a little like purchasing an NFT—your virtual ownership deed effectively takes the form of blockchain code. To do it, you simply perform the following actions: ...
Metaverse Group’s purchase expands and diversifies its eight-figure real estate portfolio. NFT World parcels are staking compatible which introduces a new revenue stream to Metaverse Group.
In June 2021, a digital real estate investment fund called Republic Realm reportedly spent the equivalent of more than $900,000 (Sh104.4 million) to buy an NFT representing a plot on Decentraland.
The platform aggregates real estate listings across several of the largest virtual worlds on the Ethereum blockchain, including The Sandbox, Decentraland, Voxels, Somnium Space, Mona, and NFT Worlds.
Overall, NFT-based digital lands will inaugurate a new era in the real estate sector. With the NFT market surpassing $40 billion in 2021, investors are bullish about this domain’s growth.
In 2021 and early 2022, there was a lot of buzz about virtual “real estate.” Investing in the metaverse was to be the “next big thing.” Early speculators invested hundreds of millions, if ...
Looking forward, the virtual real estate market is forecast to grow by another $5.4 billion by 2026.
The Sandbox, the blockchain-based metaverse platform, has partnered with Casio to bring a virtual G-shock NFT avatars in the ...
Last year’s highly anticipated virtual land rush into the metaverse has yet to materialize, but sluggish participation and little profit from the alternative not-so-real-estate world hasn’t caused its ...
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