Jul 05, 2023 - 3 min read
What is Metaverse Land? A Guide to Virtual Real Estate
Guide to Virtual Real Estate
Metaverse land refers to virtual real estate within digital realms, represented by NFTs. But metaverse land is not just a collection of pixels - it's a truly owned digital space to showcase creativity through immersive and interactive experiences.
Just as in real life, these digital parcels can be bought, sold, and developed. In The Sandbox, a decentralized virtual world, LAND owners can host games, build multiplayer experiences, create social hubs, and interact with their community.
Why Buy Metaverse Land?
Why settle for the ordinary when you can own a piece of the extraordinary? Buying virtual real estate offers digital scarcity, creative freedom, and revenue opportunities for owners.
- Embrace Limitless Potential: In the virtual realm, your imagination is the only limit. Create awe-inspiring worlds, immersive gaming experiences, or curate stunning art galleries.
- Connect with a Thriving Community: In the virtual world, you're never alone. Network with fellow creators, engage with enthusiastic gamers, and forge lasting connections in a space where anything can come to life.
- Stay Ahead of the Curve: The digital landscape is evolving at an astonishing pace, and virtual real estate is at the forefront of this revolution. Stay one step ahead of the curve and become part of a movement that's redefining how we experience technology.
Facts About Land in The Sandbox
- LAND is the basic Sandbox unit. It is an ERC-721 NFT on the blockchain. The LAND owner or another player authorized by the owner can terraform and alter the pre-built, preset terrain.
- A LAND has a width of 96 meters and a length of 96 meters. It’s a perfect square.
- The Sandbox has a total of 166,464 LANDs. Over 115,850 LANDs, representing 70% of total supply, have been minted by a community of more than 23,500 LAND owners, making The Sandbox one of the most decentralized communities based on asset ownership.
How to Buy Land in The Sandbox
- Step 1: Set Up a Digital Wallet
To begin, you'll need a digital wallet that supports Ethereum and non-fungible tokens (NFTs). Popular wallet options include MetaMask, Trust Wallet, or Coinbase Wallet. Install and set up the wallet of your choice, following the provided instructions.
- Step 2: Acquire Ethereum (ETH)
Next, you'll need to obtain Ethereum (ETH), the cryptocurrency used for transactions in The Sandbox metaverse. You can purchase ETH from popular cryptocurrency exchanges such as Coinbase, Binance, or Kraken. Follow the exchange's instructions to create an account, deposit funds, and purchase ETH.
- Step 3: Connect Your Wallet to The Sandbox Marketplace
Once you have ETH in your wallet, visit The Sandbox official website and access the marketplace section. Connect your digital wallet to The Sandbox platform by clicking on the wallet icon and selecting your preferred wallet from the available options.
- Step 4: Browse Available LAND Parcels in the marketplace for sale.
You can use the virtual map provided on The Sandbox website to locate specific parcels or filter the listings based on your preferences such as location, size, or price.
- Step 5: Choose and Purchase a LAND Parcel
Once you find a LAND parcel that interests you, click on it to view detailed information, including its size, location, and price. If you're satisfied with the parcel's attributes, click on the "Buy" or "Purchase" button.
Congratulations! You are now the proud owner of a LAND parcel in The Sandbox metaverse. You can start exploring the possibilities of developing, customizing, and promoting your virtual real estate within The Sandbox ecosystem.
Location, Location, Location: The Importance of Prime Metaverse Real Estate
Have you ever dreamed of living next door to Snoop Dogg, Steve Aoki, or The Playboy Mansion? Make your dreams come true in The Sandbox. Peruse the virtual Map and find the neighborhood that fits you best!
The Future of Metaverse Land
Unlock your own door to the metaverse and embrace a world where possibilities are limitless. Seize the chance to own a piece of the digital frontier.