A man with a virtual reality goggle is playing an augmented reality game.
Think hub studio
Virtual real estate, or land in the metaverse, sold in the form of non-fungible token is growing in popularity.
You can't visit these properties, but the investment is based on the assets being backed by forgery-proof certificates.
The trend of using money to invest in real estate has grabbed the attention of those who want to use their money in new ways. People are willing to spend six figures on someone if they can make a lot of money. Some people think growth will be triple-digit in the next 16 months.
Virtual real estate isn't new. Metaverse Group is one of the first companies to enter the space. The idea of a metaverse game and their respective token has gained immense interest, with investors speculating on the effect on various games.
The NFT-based worlds of Axie Infinity, Decentraland, and The Sandbox are popular. The price of Decentraland's MANA token has increased by 4,258% in the last year. The public interest in these terms was sparked in the last few months, with search volumes for these terms shot up in just a short time.
Theverse searches.
The trends of the internet.
The sales of virtual land increased at the beginning of December, bringing in over $105 million for just four metaverse projects. Sandbox had the most NFT sales with $86.56 million.
The platform you wish to explore will affect the decision to buy a metaverse token. Each virtual world has a unique token that allows users to make land purchases.
To access the metaverse, you will most likely be asked to set up a wallet. You can use this to convert money into cryptocurrencies. You can find these token on most popular exchanges that will guide you through the process.
You can buy a plot of land in the metaverse with some of the most popular token.
1. There is ether.
The symbol is ETH.
The returns were 401% for the year.
The market cap is $448 billion.
The ethereum network is at the center of the modern world.
The images are from SOPA.
2. Axie.
The symbol is AXS.
The year to date returns are 18,1%.
The market cap is $6.5 billion.
The NFT game Axie Infinity has a picture of it.
Axie media kit.
3. There is a Sandbox.
The symbol is SAND.
The year to date returns are 16,853%.
The market cap is $5.6 billion.
The Sandbox is a metaverse that is attracting attention.
There is a place called The Sandbox.
4. Decentraland.
Mana is the symbol.
The returns were 4,219% for the year.
The market cap is $4.4 billion.
Users can buy and sell virtual real estate.
Decentraland.
5. Gala.
The symbol is GALA.
The year to date returns are 28,477%.
The market cap is $3.5 billion.
Gala games.
Gala games.
6. Enjin coin
The symbol is called ENJ.
The year to date returns are 1,971%.
The market cap is $2.5 billion.
Enjin coin
Enjin.
Business Insider has an original article.
