Yes, there are real-world land and property sales in the metaverse that could be considered a “science fiction” fantasy but are real in the digital environment. These lands are usually sold as non-fungible tokens (NFTs) on the blockchain, giving the owner digital rights to them.
Where can you buy digital land?
There are several major platforms for purchasing digital land, including:
Decentraland (MANA)– A decentralized virtual world built on blockchain, where digital land and real estate can be bought and sold.
The Sandbox (SAND) – An NFT-based platform that lets you buy land and create digital experiences on it.
Otherside (BAYC)– A virtual world associated with the Bored Ape Yacht Club (BAYC) project.
Somnium Space – a platform that allows you to create 3D worlds with digital ownership.
Metahero and NetVRk – Platforms focused on digital real estate in the metaverse.
How can you buy?
Get a digital wallet – such as MetaMask or Trust Wallet, and make sure it supports the network you will be buying on (such as Ethereum or Polygon).
Purchase the desired cryptocurrency – such as MANA (Decentraland) or SAND (The Sandbox) through cryptocurrency exchanges such as Binance or Coinbase.
Visit the virtual land market– You can buy from the official marketplaces of the platforms or through NFT sites such as:OpenSeaandRarible.
Transaction via blockchain – Once paid, your ownership of the land is registered as an NFT in your digital wallet.
Can profit be made from these lands?
Yes, they can be sold later for a higher price, rented out, or digital projects can be built on them, such as virtual stores or showrooms. Big companies like Adidas and Gucci have already started buying virtual land for investment.
Are you thinking of buying land in the metaverse?