How Much Does Metaverse Land Cost?
How Much Does Metaverse Land Cost? Now, it is the question after knowing how to buy land on the metaverse. Since many have delved into metaverse investments and know how they can make money through metaverses, and how they can buy meta lands. The trend of buying real estate in the Metaverse has suddenly increased after the idea of making money through digital real estate investing by buying land in the Metaverse spread.
Now, they are looking to find out how much it costs to buy land in Metaverse. If you are interested in buying on the metaverse, you must know the best Metaverse crypto projects to buy or invest in right now.
In this post, Metastack provides you with a lot of information about the top platforms you can buy land on metaverse and how much does metaverse land cost.
Top 3 Platforms to Buy Real Estate in Metaverse
There are a lot of platforms from which you can buy dead land; however, there are a few platforms that you can trust and buy from with peace of mind. Here are the top 3 platforms to buy digital real estate in metaverse:
- SOMNIUM SPACE
Buying Virtual Land in Metaverse? Let’s know the Price, Where and How to buy it?
- DECENTRALAND – The Most Popular Land to Buy Property in Metaverse
Decentraland, the virtual city home to 90,000 parcels of land. It’s just one of many meta verses you can visit to buy or sell. It is the perfect place to make money from the metaverse and achieve high financial profits. The Ethereum blockchain hosted Decentraland Deliver $2.5 trillion worth of transactions in the second quarter of 2021, about the same as visa.
Today, this platform for buying and selling land business has over 20 million active users on Decentraland. The Decentraland platform has the potential to transform the global economy into a new era of decentralized finance where virtual real estate is booming more and more like the next frontier of digital ownership.
Decentraland hosts many huge and entertaining concerts where the biggest virtual show ever takes place so far. The virtual space is a significant and fun world that you can go and interact in. Hence Decentraland launched its fun activities. Just as you can have meetings and build anything in the Decentraland metaverse, you can also play video games, go to concerts, and have fun with your friends.
How can you buy property in the metaverse with Decentraland, and how much does metaverse land cost?
Purchasing a property in the metaverse with Decentraland is not impossible or difficult. Here are steps to buying property in Metaverse.
- Go to the Decentraland Marketplace to choose the best virtual land to buy.
- Manage it like a real-world, traditional real estate purchase, not digital real estate.
- Evaluate the place, check the neighborhood where you will buy, and ensure the available services.
- Then, search for the virtual land; you can sort by name or sort by the cheapest piece.
Every metaverse we go to will have its currency or token, and you must buy that token to buy the real estate in the metaverse on that platform. So, for example, in Decentraland, the primary token is called manna.
So, how much does metaverse land cost?
Buying land in Decentraland metaverse costs 3890 Mana to buy this land right now. So, as of right now, one manna is about $2.70. So, to purchase land in the Decentralnd Metaverse, we have to spend about $10,000.
- Somnium Space – NEW VIRTUAL REALITY WORLD
Somnium Metaverse Space is one of the trustworthy metaverse platforms where you can buy, rent, and sell meta lands crypto. The Somnium Metaverse Space platform is still in the beta stage and not fully developed yet; however, it has proven to be impressive in digital real estate investing. Somnium Space is built on Ethereum; its primary focus is to allow users to interact and purchase digital lands, create customized homes, construct towering buildings, and trade in-game digital assets with unique value in its online multiverse.
Many ask how to buy land in Somnium Space Metaverse; you can explore the available meta lands and other properties owned by users to experience incredible scenes and structures.
The Somnium Metaverse Space platform uses a native token called CUBE. You can use this token to buy, rent and sell all property on the Somnium Space platform. It is an ERC-20 token and acts as a bridge between these digital products to facilitate in-game and e-commerce transactions.
How much does metaverse land cost?
Prices vary for digital real estate or land on Somnium Space Metaverse, and there is no set price. Prices depend on many factors such as; The location, available services, and the area of the property or meta lands. The CUBE token used on Somnium Space is worth about $0.093.
3. Cryptovoxels – A User-Owned Virtual World
Cryptovoxels is fascinating because it is a digital world where you can buy property, build anything you want, showcase your NF T’s, and build games; again, really cool kind of digital world.
So, how much does metaverse land cost on Cryptovoxels? Buying digital land and real estate on Cryptovoxels is slightly lower than their counterparts. You can go to the marketplace and purchase meta lands Cryptovoxels metaverse for as low as 1.46 ETH. And so you have to spend $5,000 to buy the property in the Crypto Voxels Metaverse. The native token used for trading on Cryptovoxels is VOXEL, worth $0.429589.
Reading this post from Metastack gives you multiple options for Metaverse platforms for buying and selling digital property, meta lands and metaverse property worldwide. The platforms allow you to buy the property and all these different scales and invest in it as a whole. Metastack explained how to buy virtual land in the metaverse and how much does metaverse land cost?