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Lifestyle
The latest trend in the investment sector is buying virtual land in the Metaverse. Buying Metaverse land has started to gain financial value with resales taking place in many cities of the world. In some areas,we can see land in Istanbul valued at 150-250 TL gaining a present value of 50.000TL .
Metaverse can be defined as ‘a virtual-reality space’. In fact, everything begins with games in the virtual world. Where and how can you buy virtual land in the Metaverse? There are many platforms dealing in sales, the most popular are OVR, The Sandbox and Decentraland. Land in this space has borders and is sold in parcels of certain sizes. In other words, when interest for land in a completely sold space continues, resales take place and financial returns on the investment are made.
By using the world map, OVR and similar systems provide the opportunity to buy virtual Metaverse land which are representations of places we know and see in the real World. This is carried out through many platforms. Here, Investment intelligence plays an important role. It is necessary to follow up on the system offering the most demanded land and use coins by buying the right plots in the right system. For instance, if we know the systems preferred by celebrities, we can expect a possible increase in demand.
When you decide to buy land in a system and make a good investment, you have to first create a coin wallet containing coins used on that system. For example, while preparing this article, 1 OVR = 1.83 USD Dollars. Sales on the system take place through an auction or resale process.
A purchased land is valued as NFT because it is a unique asset on that system. You can put the land you bought on sale again at a price of your choice.
We will see over time whether this rapidly developing investment option in Turkey will reach the same levels in Northern Cyprus. However, Kyrenia Metaverse Land Purchases have already started at low prices, especially coastal and touristic areas have gained a lot of interest. Similarly, Iskele Metaverse Land Purchase and Famagusta Metaverse Land Purchase transactions follow suit.
It seems that North Cyprus Metaverse Land Purchases will become popular in the future but interest in Metaverse land will determine its increase in value. For now, this investment opportunity carries the same value as buying real land in North Cyprus.
You can visit our propertync.com website to get more detailed information on land and on-going projects which are always gaining and increasing in value in Northern Cyprus.
As far as we know, Günsel Automative is the first brand from our country to invest in this field. The company purchased land from Decentraland with the aim of creating a showroom where the electric car models being developed,will be introduced to the public. The company’s plan is to reach people on the other side of the World, carry out test drives with the Günsel models and contribute to the promotion of the TRNC.
written by Propertync Media
date : 05/03/2024 hour : 11:36 AMProperty Sales in Nicosia
Property Sales in Famagusta
Property Sales in Morphou
Property Sales in Lefke
Property Sales in Iskele
Property Sales in Kyrenia
Property Rentals in Nicosia
Property Rentals in Famagusta
Property Rentals in Morphou
Property Rentals in Lefke
Property Rentals in Iskele
Property Rentals in Kyrenia
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