Metaverse Land: What Is Land In Metaverse And How To Buy Land In Metaverse?

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One of the most talked-about new virtual reality platforms is the Metaverse. While some people are still sceptical about whether this platform will really take off, others are betting on it. Investors are now flocking to the Metaverse, eager to make their fortunes in it. If you want to be one of the early investors and invest in virtual land, you will have to know the basics of the Metaverse, and more importantly, how to buy land in Metaverse. Let's get started!

What is Land in Metaverse?

As you may know, Metaverse is a 3D virtual world that enables users to own, create and monetize digital assets. Like the real world, the virtual world is also made up of pieces of land. These lands are represented on the blockchain as NFTs, giving the person who holds them complete ownership.

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Each Metaverse is made up of a limited number of packets/plots of land with a fixed dimension. For example, the Decentraland Metaverse is made up of 90,601 (16m x 16m) parcels of land. Whereas, the Sandbox Metaverse consists of 166,464 (96 x 96 pieces) of land. Users can build and develop their land by populating it with digital assets to create value. The digital assets could be buildings, vehicles, games, or 3D objects of any kind.

Metaverse lands are the most lucrative investment in the Metaverse ecosystem. It is a strategic asset that is expected to appreciate in value over time. People can acquire the lands and then sell or rent them to other users. Thus, they can earn passive income from their investment.

To buy land in the Metaverse, the first thing you will need to do is choose which platform you are going to use. As of now, there are two most common Metaverse platforms for buying virtual land in the Metaverse: The Sandbox and Decentraland. You can find out the best Metaverse to invest in out of the two here

How to Buy Land in the Sandbox Metaverse?

As said earlier, the Sandbox Metaverse is made up of 166,464 plots of land. The price of plots varies depending on the location of the plot. The more desirable a location is, the higher the price, like in the real world. Here is how to buy land in the Sandbox Metaverse:

  1. Set up your account and walletFirst, you need to create an account and connect a wallet to it. Your purchased LAND will be stored on this secured wallet.
  2. Buy $SAND and $ETH tokensOnce you have setup your wallet, you will need $SAND, the native token of the Sandbox Metaverse. You can either purchase of $SAND tokens on the Binance Platform. Or, if you have ETH or DAI, you can easily swap them for $SAND tokens.  You will need some amount of $ETH to cover your gas fees.
  3. Transfer your $SAND tokens to your The Sandbox accountOnce you’ve acquired your $SAND tokens, all you need to do is send them to your Sandbox account.
  4. Buy LAND on The Sandbox mapNow you are ready for the actual LAND sale. Head over to the map, and choose among the available LAND parcels (grey or Yellow for Premium LANDS) and click on any of them to see location, size, blocks included and price. Once you've decided which parcel you want, click on the “Buy LAND” button and finish the transaction with your wallet.
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There you have it, folks! It is that simple! You can now own a piece of LAND in the Sandbox Metaverse.

Read More: Top Metaverse Coins: What Are The Best Metaverse Coins To Invest In?

How to Buy Land in the Decentraland Metaverse?

In the Decentraland Metaverse, there is a total of 90,601 parcels of land. In this situation, the LAND price is quite affordable. Here is how to buy land in the Decentraland Metaverse:

  1. Set up your account and walletFirst, you need to create an account and connect a wallet to it. Your purchased LAND will be stored on this secured wallet.
  2. Buy $MANA and $ETH tokensOnce you have setup your wallet, you will need $MANA, the native token of the Decentraland Metaverse. You can either purchase of $MANA tokens on the Binance Platform. Or, if you have ETH, you can easily swap them for $MANA tokens.  You will need some amount of $ETH to cover your gas fees.
  3. Choose your LANDLog in to your Decentraland account and go to the Decentraland marketplace and choose “Parcels” under the “Land” category.
  4. Buy the LANDAfter you have chosen which parcel to buy, simply click on it to see the details such as price of a parcel in MANA, the owner’s name, availability, and its coordinates. Click on the “Buy” button and finish the transaction with your wallet.
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Easy right? Finally, you can have a piece of LAND in the Decentraland Metaverse. All the best!