Real Estate

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Metaverse Land Properties

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Location, location, location. That’s the common phrase for success in the real estate market, and it’s no different when these properties are listed in an alternative virtual reality, called a metaverse. People are paying real money for virtual real estate in the metaverse | Stephanie Hughes - Financial Post

Even big auction houses are getting into the digital real estate game with Sotheby’s opening a virtual replica of their London location to host an Non-Fungible Token (NFT) art show. The first event attracted more than 3,000 visitors. Sotheby’s Opens Virtual Replica of Its London Galleries in Decentraland The virtual gallery is located in Decentraland’s Voltaire Art District and can be found using map coordinates 52,83 | Tanzeel Akhtar - CoinDesk

Non-Fungible Token (NFT) creators are also offering real-world real estate in the form of non-fungible tokens. A real estate broker ...recently listed his home as part of an Non-Fungible Token (NFT) sale featuring digital art of said home. Most Expensive Virtual Plot of Land Ever Sells for $900,000 on Decentraland | Matthew De Saro - Yahoo!finance

Metaverse Properties

Metaverse Property works to secure a wealth of land assets in the virtual real estate space. It focuses on buying and selling, managing business properties, offering rentals in the metaverse, virtual land development, as well as consultation and marketing. Beyond being virtual landlords and developers, Metaverse Property also says it is creating what it’s calling the first “metaverse real estate investment trust (REIT)”, which will trade through a Non-Fungible Token (NFT) that is backed by the company’s virtual land portfolio. People are paying real money for virtual real estate in the metaverse | Stephanie Hughes - Financial Post

Cornucopias

Cornucopias ‘The Island’ is a Blockchain based play-to-earn, build-to-earn and learn-to-earn-MMORPG game where players can own land and other Non-Fungible Tokens (NFT) based assets that are tradeable in a peer-to-peer manner, all hosted in a fun and expanding metaverse (a virtual-reality space in which users can interact with a computer-generated environment and other users).

‘The Island’ is split into a number of themed zones such as the ‘WildWest’ zone, ‘Farm Life’ zone and ‘Age of The Samurai’ zone, where people of all ages can play a series of mini games, getting lost in the play-to-earn ecosystem where they can earn digital assets as they explore and build in our safe and secure world.

The more creative players can design their own items such as coffee tables, beds and other household furnishings which can then be minted into an ‘Island Blueprint’ that other players can then buy, gather the materials, and then craft in-game into a brand new Non-Fungible Token (NFT). Once created, the crafter can play with the items in their virtual dwelling or sell them onto other players to enjoy or sell on again.

‘The Island’ combines gaming with real-world commerce and gives opportunities for traditional and ecommerce companies to sell and promote their real-world brands, goods and services, to a hard to reach audience they have potentially never had access to before.

Available worldwide, ‘The Island’ is built on the Unreal Engine 5 games engine which is compatible with the PC, mobile phone, games consoles and smart TV’s, and will be powered, governed and be forever evolving thanks to a growing number of communities including Blockchain, Unreal game developers, Voxel, 3D artists and modelers and general game enthusiasts.

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