The presence of metaverse technology currently makes games like The Sims, Minecraft, or Roblox even more serious to be pursued. The reason is, according to Dapp’s crypto data, the price of virtual land on these four virtual space sites is now worth more than US$100 million.
On the four sites, namely The Sandbox, Decentraland, CryptoVoxels, and Somnium Space, the lands have been sold at fantastic prices in the span of a week. To note, the series of games above allow the players to buy a plot of land or build a property there.
Indeed, currently the trend of virtual land investment is booming in the midst of the growing global population discussing this virtual space. The traded virtual land is a digital product that is geographically connected with characteristics equipped with NFT (Non-Fungible Token). This means that the ownership of this land can be claimed.
According to predictions, in the future, individuals and companies will spend more money to invest in virtual property, especially when more people join this virtual world.
One of the global companies that has bought a piece of virtual land in this virtual world is now the well-known shoe brand, Adidas. On the other hand, the virtual land investment which is hotly discussed also affects to the development of Virtual Real Estate.
As known, one of the real estate development companies in this virtual space set called Republic Realm has poured funds reaching US $ 4.3 million or around Rp. 61.7 billion for the purchase of virtual land in the Sandbox world.
The purchase of the Sandbox virtual land also managed to break the record for the most expensive virtual land held by the Metaverse Group the previous week. For information, the digital-based land is located in the world’s fashion district, Decentraland.
Beyond that, of course, this one investment can be classified as a profitable investment.
Metaverse prospects are getting brighter
The news about the Republic Realm company from New York, United States, which announced that it had spent a record amount of US$4.3 to buy The Sandbox digital land, which indeed sparked the attention of the world community, especially those who invest in the crypto world.
Previously, a Canadian crypto company, Tokens.com, bought land on last November, with a figure of US$2.4 million. Blockchainmedia reports that Sandbox and Decentraland are the initial forms of this virtual space, namely a virtual world that allows users to chat with friends using virtual reality technology as well as face to face.
Due to increasing popularity in recent times, this set of virtual spaces has become increasingly eye-catching after a number of world celebrities admitted that they had great interest in investing here. Event, the social media and technology giant company such as Facebook is finally slowly changing their name to Meta.
This virtual space market, which is booming and generating its property ecosystem, is actually not surprising. The reason is, the metaverse is an attempt to translate physical goods into the virtual world. Although the sites have not yet become fully real, this digital land has functioned like physical land. This is because the land can be built, leased, or traded.
Metaverse at a glance and how to buy on Indodax
Basically, the metaverse is a digital reality that combines aspects of social media, online gaming, augmented reality (AR), virtual reality (VR), and cryptocurrency to allow users to interact virtually.
Through this virtual space, users can do almost anything, from gathering with friends and family to being creative. In addition, here, users will also get a new experience that will be completely different from the way people think about computers or cellphones, aka outside what is generally known.
The term virtual space itself was firstly born in Neal Stephenson’s science fiction novel, Snow Crash, which was published in 1992. In the novel, humans, as avatars, interact with each other and software agents in a three-dimensional virtual space that use real-world metaphors.
Over time, this concept, which is almost the same as the Meta universe, has appeared in various names in the cyberpunk fiction genre since 1981, especially in Vernor Vinge’s novel True Names.
Meanwhile, this set of virtual spaces itself also has several elements, including video conferencing, games (such as Minecraft or Roblox), e-mail, virtual reality, social media, and live streaming.
So, how to buy metaverse tokens?
In this case, you can purchase metaverse coins on Indodax. Among the tokens you can buy are the following:
To buy Decentraland (MANA) coins, you can directly visit this link (https://indodax.com/market/MANAIDR) while monitoring prices.
If you want to buy the Gala crypto asset (GALA), you can check the price first at this link (https://indodax.com/market/GALAIDR).
For those of you who are interested in owning The Sandbox (SAND) metaverse coin, please visit this link (https://indodax.com/market/SANDIDR).