While some are pondering whether the metaverses have a future, others secure a comfortable old age there. We decided to recall the most expensive virtual real estate deals in the world.
How are comfortable old age and painted houses connected? Everything is very simple here: virtual real estate can be sold, rented out, or branded spaces can be created on the purchased plots, as, for example, Nike, Gucci and Samsung did.
By the way, no matter how paradoxical it may sound, it is impossible to steal a house or forge documents for its property in the metaverses: virtual property is unique and exists in a single copy. The exclusive right to it is provided by the non-fungible NFT token.
So, starting with the first NFT house Mars House by artist Krista Kim, which was purchased by an unknown buyer for $512,000, the purchase of real estate in virtual worlds has become a trend: in 2021, the amount of transactions with houses and plots in the metaverses amounted to $501 million.
259 plots of land with an area of 6.5 hectares in Decentraland
- $913 thousand (1.3 million MANA)
- Buyer: Virtual Real Estate Agency Everyrealm
Decentraland is an online environment where users can buy land, visit buildings, walk and meet people represented as avatars. Their popularity has skyrocketed during the pandemic, which has forced people to spend more time online.
A feature of Decentraland is the use of blockchain technology. Land and other objects in Decentraland are sold in the form of non-fungible tokens (NFTs), a kind of crypto assets. You can buy land there using the Decentraland cryptocurrency, MANA.
Land in the blockchain game Axie Infinity
- $2.3 million (550 ETH)
- Buyer: Lunacian player #789512
Axie Infinity is a Play to Earn game with Axie as the main characters. These are fictional creatures that are non-fungible tokens on the Ethereum blockchain.
The action of the NFT game takes place in the world of Lunacia. The grid area is 301 x 301 plots.
Sectors are called Terra and are also tokenized objects. There are nine types of land in the game. Users can buy, sell and rent a sector. As part of the daily quests, you need to fight monsters and other players, receiving Axie upgrades or Smooth Love Potion tokens as a reward. According to gamers, up to 375 tokens can be earned per day. The price of one is just over 6 cents.
The game world includes 90,601 sectors, and one of the rarest is Genesis (220 pieces), located in the center of the map. One of these plots was sold for 550 Ethereum or $2.33 million at the exchange rate at the time of the deal. The sector was purchased from ArcaChemist.
Land in Decentraland
- $2.43 million (618 thousand MANA).
- Buyer: Metaverse Group virtual real estate agency owned by Tokens.com.
The purchased lots are located in Fashion Street and will be used to meet the growing demand for fashion brands in the metaverse.
According to Decentraland Foundation Content Lead Sam Hamilton, fashion is the next big growth area in the metaverse.
Plot of land on The Sandbox platform
- $4.23 million
- Buyer: creator of ecosystems in the Everyrealm metaverse
The Sandbox is a decentralized gaming platform where players and graphic designers can create and monetize their own content on the blockchain.
19 commercial properties in the TCG World metaverse
- $5 million
- Buyer: investment company Curzio Research.
In the virtual world, it is planned to build a headquarters on 12 plots measuring 128×128 m and seven more plots twice as large. The Asian region in the metaverse was chosen for construction.
VIP members of the company will be offered virtual communication with investors, as well as the opportunity to attend special online events and conferences.