NFT Utility At Last: Real Estate Sold On OpenSea Attracts Attention
“Where is the utility?” they asked. It’s been a core component of the NFT discussion since the earliest days, and increasing amounts of NFT use cases unfold each week. Look no further than the real estate market this week, as the internet has been brewing on a specific South Carolina home that had it’s deed […]
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Virtual real estate is fast becoming a favorite among investors. Top brands and celebrities are buying plots on metaverses, hinting at the massive potential of the industry. Virtual real estate investments are more than just a trend. Land plots and assets on emerging metaverses have real utility embedded into them. Depending on the nature of […]
The dawn of the metaverse is officially upon us, which means immersive gaming, socializing, and property sales are now virtually available. Our reality is going digital through Web3. The concept of valuing assets in the digital world is still mind-boggling to most. How does one actually own non-tangible real estate, and what is its purpose of it? Technically speaking, digital real estate, also known as virtual lands, serves as a place for individuals to coexist in the metaverse.. Digital identities can build restaurants, homes, recreational areas and everything else here, just as we do in....
While the metaverse has become very popular, virtual land sales have seen significant demand in recent times. Virtual real estate has become expensive, in comparison to the prices 12 months ago, and virtual parcels stemming from a couple of blockchain metaverse projects have sold for seven figures. With virtual real estate getting extremely pricey, one firm called Terrazero Technologies is offering metaverse mortgages.
Terrazero Provides Metaverse Real Estate Loans to People Looking to Acquire Virtual Land and Homes
At the moment virtual real estate has become a hot commodity as....
The first real estate purchase with Bitcoin has been registered in Colombia last week. The company, called La Haus, sold one property in Santa Marta to a buyer that was not in Colombia at the time of the purchase. While Colombia is just starting to consider bitcoin for real estate payments, in neighboring countries like Venezuela, it is becoming more common to use crypto for such transactions.
Colombia Debuts Real Estate Purchases With Crypto
The real estate sector in Colombia has reached a milestone when it comes to cryptocurrency usage, after registering its first purchase with....
Buying real estate doesn’t have to be as tedious as it has been in the past. In fact, you can actually start buying digital real estate right inside the metaverse for a much lower cost than you would purchase it in the real world. In addition, a handful of metaverses also intend to offer tokenized fractional shares in real estate properties, meaning you can own a piece of real-world real estate for a fraction of the price. This article will cover some of the best real estate metaverses to watch for in 2022. Some projects intend to bring real-world real estate assets onto the blockchain,....