There are a lot of virtual worlds, popping up in the metaverse where users can buy land in verified by the blockchain.
Buying and selling digitalized real Estate has been growing rapidly in popularity this year. The three of the most popular virtual worlds are The Sandbox, Somnium space and Decentraland.
The Sandbox Virtual world is made up of Land -digital pieces of Real Estate that players can buy and which they can build games and other virtual experiences companies like Atari have recently purchased large plots of land.
The Decentraland, Users connect and interact with each other, create content and play games, it even has a virtual economy where users can monetize the content and application they build. MANA is the ERC-20 token used to pay for good and services in Decentraland.
Somnium Space Is a virtual world that offers both community-led events and in-game economy CUBE can be used to purchase virtual assets and pay for goods and services in the metaverse. SAND, MANA and CUBE are all ERC-20 tokens that can be purchased on several of the most popular exchange like Coinbase, Gemini and others.
All these tokens act as the currency of the virtual worlds and required to buy land, items , attends and much more.
Is buying Land in these virtual worlds a good investment?
That is something we cant answer. If you interested, the best thing to do would be to explore these worlds yourselves and as always do your own research.
