The post The Virtual Real Estate Market is Growing: What Investors Need to Know About Holiverse and Other Companies appeared on BitcoinEthereumNews.com.
Recently an interesting article (link in the comments below) dedicated to the rapidly developing virtual real estate market has been published. It reveals many aspects of this phenomenon, including key players such as Holiverse, The Sandbox, and Decentraland. These platforms offer investors unique opportunities in the digital space, turning virtual plots of land into a valuable asset with the help of NFT technologies. Holiverse relies on innovation and practical solutions for business, creating new approaches to the use of virtual spaces. Virtual lands, buildings and objects in metaverses have acquired significant value due to many factors. Let’s consider some of them. The main points of the cost of virtual real estate are discussed in the original article. Location Virtual space, like real space, is divided into “popular” and “less popular” areas. Plots located in central areas, close to popular objects, attractions or in places with high user traffic, as a rule, are more expensive. For example, proximity to large brands, virtual concert venues or famous objects can significantly increase the cost. For example, in The Sandbox, plots near the residence of Snoop Dogg were sold for hundreds of thousands of dollars precisely because of their “advantageous” location. Size and functionality As in the real world, the size of the plot matters. Large territories allow for the implementation of complex projects – from virtual offices to concert venues or residential complexes. At the same time, small plots in prestigious areas can be just as valuable due to high activity and unique opportunities for interaction with users. Infrastructure and Interaction Opportunities Platforms that provide developed infrastructure, such as shops, galleries, offices and other places for interaction, create additional value for property owners. Land located near such objects often has a higher value, as it provides greater visibility and attracts visitors. Holiverse: a…