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Virtual Land taking shape with NFTs in the Metaverse

Updated: Sep 1, 2022

What is Virtual Land?

All virtual land exists in a digital environment also known as the metaverse. A metaverse is, typically, a video game or digital life simulation where you can interact with other players using a character which represents yourself. Virtual land, then, is the digital terrain—the geography and physical space—within which players can roam.

Within the metaverse, participants will be able to leverage land ownership for profit similar to real life. From loaning out parcels of land to creating experiences and businesses that charge fees, digital land in the metaverse will be the key to creating real world value within these digital economies.

Learn how NFTs are playing a critical role and the full article - click here

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