top of page

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

 
 
 

Comments


© 2024 DeFi Lava, LLC - All Rights Reserved. All content provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Join the free weekly  "Eruptions" Market Report today for HOT Crypto news and analysis.

Thanks for submitting!

Follow Us On:

  • Youtube
  • X
bottom of page