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Real estate in the metaverse world is already booming. Influencers such as Snoop Dogg, PwC, JP Morgan, and HSBC have already purchased plots of virtual land in the metaverse for business and other purposes. Early investors have taken the bull by its horn and that shows no sign of stopping any time soon.
That being said, it is still early, and there are so many opportunities for investors to find a way to get exposure to the metaverse, regardless of their budget.
In this article we explore a just a few of the many of opportunities for both big and small investors to get involved in some of the top virtual worlds available today.
Decentraland
Opportunity: District Land
Price: 110k MANA
View this Sale: Here
Decentraland is made up of both private and district land. Districts are community-themed areas located around the map, and they currently occupy large areas. As the number of land owners increases, it has become increasingly difficult to buy a large estate (a group of adjacent lands).
However, with some districts now selling off areas to private investors, there are still plenty of deals to be had. A perfect example is this 15 parcel estate located in a premium area of the Fashion Street district. Looking at current market rates, this is very competitively priced and likely won’t be on the market for too long until somebody snaps it up, as it’s the perfect opportunity for any fashion brand to make a big play.
Cryptovoxels
Opportunity: New Islands
Price: From 0.7 ETH
View New Land Auctions: Here
Cryptovoxels continues to release new land opportunities each week, yet amidst all the commotion in NFTs it seems to be getting overlooked somewhat. Prices have been as little as 0.7 ETH recently, and trades for a well-located plot of land on a newly raised Island.
A bargain considering not so long the floor was around 2 ETH. The current floor on OpenSea is 1.06 ETH at the time of writing. Opportunities for both investors, flippers and creatives to get a little slice of the metaverse at more than reasonable prices.
Somnium Space
Opportunity: Waterfront Locations
Price: From 7.42 ETH
View on OpenSea: Here
Ever since the Somnium Space land sale, land parcels by the waterside have been priced at a premium. It’s easy to see why as they offer extra build space (you can build on a portion of the water) and also house the most breathtaking views.
Recently, prices have begun to drop and there are certainly some great opportunities to own some prime real estate. A perfect example would be the 14 ETH medium-sized parcel, right near the center of Somnium, and with beautiful views overlooking the harbor.
The Sandbox
Opportunity: Land Adjacent to Estates
Price: From 1.6 ETH
View an example on OpenSea: Here
It almost feels like everybody wants a slice of the metaverse to add to their NFT portfolio. As with all metaverse investments, they do carry a certain degree of risk, so we always recommend you DYOR. We are still very much in the early Alpha days and the possibilities are endless.
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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.
Ivelina is the Content Maestro of NFT Plazas. She has a knack for putting complex concepts into simple words.
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