Metaverse Real-Estate Investing: Best 9 Platforms to Buy Land in the Metaverse

In today’s digital era, the advent of metaverse real-estate has captivated the lovers of mirrorworlds. It offers people a platform to connect online. As a user, you can use your digitized land for playing games and socializing with different avatars.

Creators charge for accessing or trading their products in the form of NFTs. In this way, they monetize their property’s content. The digitalized land pieces give you a profitable opportunity if you’re a real estate investor.

The best part is you can develop and lease or flip metaverse properties the same as you do in the real world. Metaverse real-estate sales reached $500 million in 2021. As per the analytics firms and investors, it may double this year.

A sudden boom appeared in the metaverse real-estate by the end of 2021 when Facebook changed its name to META, highlighting its sheer inclination in the metaverse.

The metaverse real-estate market share may rise to $5.37 billion due to increasing popularity by 2026.

Here, we’ll discuss the best metaverse crypto projects where you can buy virtual real estate to earn a handsome profit. Keep reading to learn where to buy metaverse real estate.

What Are the Most Sought-After 9 platforms to Buy Land in Metaverse?

1. Decentraland

You can define Decentraland as a mighty virtual reality space. Ethereum blockchain powers it and enables you to develop and monetize applications and content.

In this platform, you use MANA as the main token. This amazing virtual world lets you buy land units to build and monetize them. It started with 90,000 land units, with a plot size of 10 x 10 m². But, seeing the need for mighty structures and plazas, now, each plot holds an area of 16 x 16 m².

Currently, there are 90,601 land units consisting of;

3588 Plazas
9438 Streets & Highways
33886 District Land
43689 Private Land

At the start of 2022, multiple famous brands like Adidas, Atari, Sotheby’s, and Samsung appeared in Decentraland. It has a capped nature, and developers themselves own plazas, streets, and common places—all of these results in higher real-estate prices in this virtual world.

2. Somnium Space

It’s a 3D virtual reality world backed by blockchain. It is an open-source platform that users can shape as per their wishes. Somnium Space allows users to invest in metaverse real-estate wherever they want. There they can build various types of buildings and VR homes.

Somnium 2.0 can host its players in one huge world, unlike other VR games, where different players are categorized into sub-servers.

As a player, you’re free to purchase virtual land and build anything on it. The options include; an art gallery, a market, a house, and even a nightclub. In addition to the main virtual world of Somnium, there’re various user-owned parallel worlds.

Currently, Somnium Space holds 5026 units of land; which comprises;

781 Small-size Parcels: with an area of 200m²and 10 meters of depth/height each
2487 Medium-size Parcels: having an area of 600m²and 25 meters of depth/height for each parcel
1758 XL-size Parcels: each parcel offers a development area of 1500m²and a depth/height of 50 meters.

3. The Sandbox

Sandbox is another name in virtual worlds that allows you to own, build and monetize your gaming experiences on Ethereum blockchains.

The Sandbox holds gaming and social elements while offering simple tools and features for non-technical users to develop effective content. The facility to rent out land pieces is an amazing add-on for virtual world lovers. Here, you use SAND cryptocurrency to buy rewards and assets to double up your fun and make earning out of it.

There is a total of 166,464 land plots in the Sandbox universe. These small land plots then combine to form districts or estates.

Out of the total land, Sandbox holds 10 percent to arrange special events. 25,920 (roughly 16 percent) of land units are in reserve and distributed to collaborators —gamers, creators, and partners— as rewards. The remaining 74 percent of the land is useable for common users for their desired activities.

One plot size is 96 x 96 meters. The size of each meter equals 32 x 32 x 32 voxels. You can merge two plots to form an estate. The most common sizes of estates are;

3 x 3 means holding 9 lands
6 x 6 with 36 landholdings
12 x 12 comprising 144 landholdings
24 x 24 means holding 576 lands

4. CryptoVerse

(Credit: Polkastarter)

Cryptoverse, part of the ChainGuardian ecosystem, is a colossal 3D metaverse real-estate project.

It comes with the facility to rent out, design, subdivide, and consolidate land pieces. You can also advertise and monetize them to generate revenues.

There’s a two-layer division of metaverse land to compensate needs of every user. Smaller units are called Parcels. Multiple Parcels add up to make Estate. Developers have announced multiple estate packages;

9378 Single Parcel of Land
Small Estate: 480 small estates | with an average size of 30 parcels
Medium Estate: 50 medium estates | with an average size of 107 parcels
Large Estate: 15 large estates | with an average size of 179 parcels
Giant Estate: 4 giant estates | with an average size of 274 parcels of lands
Epic Estate: 4 epic estates | with an average size of 490 parcels of lands

5. NFT Worlds

It combines multiple worlds based on Ethereum blockchain. Its decentralized means builders are the owners of each world.

Every NFT world covers 16,000,000 x 16,000,000 blocks and each block comes with randomly varying terrain.

Users can design, build, and craft according to their needs. In order to earn money, land owners can rent out their places.

5. Cryptovoxels/Voxels

Cryptovoxels are especially for beginners as it is the easiest to build among all the virtual blockchain worlds. With just a click, you enter the world. It doesn’t require complex hardware or software to make the entry and explore the mirrorworlds.

Additionally, you don’t need to own a piece of land to visit and enjoy Cryptovoxels.

Those who want to invest in metaverse real-estate should know that each land parcel is an NFT (non-fungible token). It means it’s unique and can’t be recreated or duplicated. The scenario is more or less the same as that of real-world physical land.

They are currently rebranding themselves as Voxels. There are more than eight thousand parcels minted in it.

6. WorldWide Webb

It’s a role-playing, MMORPG, multiplayer game where all assets are also NFTs. It is Ethereum blockchain-based game that operates in 2D. Countless integrations make it more fascinating, which allows gamers to use their NFTs as avatars. WorldWide Webb offers a setting where users can team up, work together, and travel in style.

It employs NFTs to represent in-game quests, pets, items, lands, and avatars.

There are four types of metaverse real-estate land units (9069);

Small Sized: 5000 land units
Medium Sized: 3000 land units
Large Sized: 1000 land units
Penthouse: 69 land units

In addition, the WorldWide Webb team itself owns 421 land pieces.

7. NetVRK

This landscape offers digital metaverse real-estates to users. With the assistance of the NetVRK 3D creation system, you can design the land according to your desire. Later you can monetize it to generate revenues from it.

The NetVRK initiative provides a special VR environment that enables the development of an infinite number of virtual landscapes without the need for complex technical expertise.

It focuses on virtual workspaces, education, and gaming. Users can deploy assets and monetize their lands. In addition, users can also receive NetVRK reserve distribution.

There are mainly 5 plot sizes available in this metaverse;

Standard
Medium
Large
Giant
Mega

The NetVRK’s token is named NTVRK. It’s a utility currency used throughout the whole NetVRK network.

9. TCG World

TCG World is a fully accessible blockchain MMO that uses BNB Chain to store its land NFTs. Players can organize social events, build museums and create games in the blockchain metaverse. Besides, TCG World features a metagame where different players own lands to complete quests.

There is a total of 100,000 plots spreading over an area of 800 km². These are categorized into four major sizes. Then each size has various variants like Asia, Farm, Forest, North, and East. Sizes are;

Silver: Sizes 16 x 16; 66501 Lands
Gold: Sizes 32 x 32; 30004 Lands
Platinum: Sizes 64 x 64; 2497 Lands
Diamond: Sizes 128 x 128; 998 Lands

By playing the game, they can also get the platform’s main token, TCGCoin.

10. Bonus: Matrix World

Matrix World is a multichain virtual platform that currently handles two different protocols of blockchain: Flow and Ethereum. It supports different blockchain infrastructures.

It’s a virtual ecosystem where developers can create 3D decentralized applications. Even these can be connected with external applications and services.

Matrix World currently lists only 10000 lands, and all of them are sold in just three waves.

1^st Wave: 2000 lands on Ethereum (all sold out)
2^nd Wave: 5000 lands on Flow (all sold out)
3^rd Wave: 3000 more lands on Ethereum (all sold out)

The developers can also alter in-game objects and NFTs, use automation tools to build structures, and bring NFTs into the network. All land parcels have been purchased. But you can still invest in Matrix World’s metaverse real-estate from secondary markets, such as BloctoBay and OpenSea.

Take-Away

The metaverse is still a new concept; therefore, it can be risky to make investments. However, there are equally high chances of getting huge profits as well. Thus, you must conduct research before accepting risks, just like with any other business and investment initiative.

The innovative metaverse programs are constantly releasing new updates, collaborating with well-known companies, and revolutionizing how we connect. Therefore, keep an eye on these projects if you want to own metaverse real-estate and be a part of this promising digital future.

REAL-ESTATE

Great Virtual Architecture: Is There Potential For Metaverse Architects in Building The Future?

15 Best Metaverse Games to Immerse In: Play-To-Earn In 2022