NFT Virtual Land Platform Prices Grow 42,000% in One Month
Plots of virtual land are being sold at staggering prices; some Next Earth NFTs in Vatican City have gone up as much as 42,000% in one month. These are not pieces of art or rare wines or antiques – these are pieces of digital real estate on a blockchain. In Next Earth, a tile (or […]
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Just in time for Christmas, Earth 2 has launched its new gifting feature, allowing players the ability to send ownership of unique virtual land tiles of any geolocation on earth. Virtual land on Earth 2 directly corresponds to exact locations in the real world making each piece of land, including the sole ownership of that land, completely unique. What does gifting bring to Earth 2? The gifting feature will not only make it easier for the welcoming of new players into community driven land projects, such as MegaCities, but also serves as an interesting and different type of gift....
The popular American rapper Snoop Dogg revealed at the end of September that he acquired land in the blockchain-based virtual metaverse The Sandbox and had plans to recreate his mansion. On December 2, The Sandbox held a “Snoopverse Land Sale,” which allowed participants to purchase land adjacent to the famous hip hop star’s virtual estate. Plot of Land Next to Snoop’s Virtual Mansion in The Sandbox Metaverse Sells for Six-Digits Two days ago, The Sandbox disclosed it was selling virtual plots of land that are located next to Snoop Dogg’s virtual....
On Saturday, the creators of Bored Ape Yacht Club (BAYC), Yuga Labs, revealed the Otherside metaverse virtual land sale which turned out to be one of the largest non-fungible token (NFT) mints to date. The Otherside metaverse virtual land sale raised close to $320 million by selling 55,000 parcels of Otherside land. Otherside Metaverse Sees $320 Million Raised, Ether Fees Spike, Etherscan Crashes The Otherside metaverse virtual land sale took place on Saturday, and a great deal of people purchased Ethereum-based NFTs dubbed “Otherdeeds.” Demand for the Otherside metaverse....
Everyone from individual users to big corporations is talking about the metaverse. The craze of the metaverse is real, so much so that even Facebook rebranded to Meta to be relevant in the space. At first, the hype around the metaverse seemed limited to playing games and interacting in virtual reality, but the users are doing much more than just playing games in the metaverse. Along with in-game accessories, users are also purchasing virtual land parcels and estates, with $900,000 being the highest price paid for a virtual plot of land. Even though the prices are increasing over time, so....
We have good news and bad news. The virtual New York you’ve been waiting for is finally here, but it’s already sold out. On Next Earth, the NFT-based replica of our planet, some of the most expensive virtual real estate was in the digital replica of New York. Some lucky metaverse New Yorkers already own the likes of Central Park. That said, virtual Earth is big. With any area of Earth open for sale, there’s a powerful opportunity for NFT collectors to buy their own slice of the virtual planet. How Much Is Digital Land Really Worth? Every metaverse has its own NFT economy. The one in....