Discover the Best Platforms for Buying and Selling Virtual Land

MetaversePlanet January 8, 2022

0 2 minutes read

Amidst the fervor of the Metaverse, the latest focus of internet users has shifted to Metaverse plots. We’ve compiled a list of popular platforms for buying and selling these virtual land parcels in the Metaverse.

The Metaverse trend, which gained significant momentum with Facebook’s rebranding to Meta, continues to unveil new projects daily. While some aim to bring the Metaverse concept into our world, many are focused on providing investment opportunities for the future.

Though the Metaverse remains a somewhat abstract idea compared to its envisioned potential, it has already evolved into a multi-million dollar industry.

Alongside the rapid growth of the NFT market, the emergence of virtual plot projects, where users can own digital land in the virtual world, has started to gain prominence in the market.

Today, we have compiled a list of the most popular platforms for purchasing and selling virtual land in the Metaverse.

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1.Decentraland, one of the most popular names in Metaverse:

Average price: $30,000 (last 7 days – all NFT types)

Decentraland, a platform entirely made up of virtual plots, has even attracted giants like Samsung, who have ventured into the Metaverse universe by opening their own store there.

In Decentraland, the value of these plots typically increases as they near Genesis Plaza, the central hub of the platform. Additionally, the value is influenced by factors such as the size of the land, the structures built on the plot, and the objects it contains.

You can click here to reach Decentraland.

2.The Sandbox, one of the largest platforms with its investors

Average price: $14.8k (last 7 days – all NFT types)

The Sandbox, a key rival to Decentraland, operates as a digital platform where players can create and sell their own plots, much like Decentraland.

In The Sandbox, the value of lands is also determined by the assets they encompass. This platform has garnered support from notable entities such as Skybound Entertainment, Ubisoft, and SoftBank.

You can click here to access The Sandbox.

3.Somnium Space where the real virtual reality experience is presented

Average price: $18.9k (last 7 days – all NFT types)

Somnium sets itself apart from Decentraland and The Sandbox by offering virtual reality support. Similar to the other two platforms, it enables users to create, design, buy, and sell land.

In Somnium, the prices of plots also fluctuate based on their location on the map and the value of the assets situated on the land.

You can click here to reach Somnium Space.

4.OVR : For those who want to get a plot from a replica of the real world:

Average price: $378 (last 7 days – all NFT types)

OVR Land differentiates itself from platforms like Decentraland and The Sandbox by aiming to merge the Metaverse with the real world.

On this platform, which replicates the real world, users can purchase and shape lands that correspond to real-world locations. The prices of these virtual lands typically vary depending on their location in the real world.

You can click here to access OVR

5.Axie Infinity : The Metaverse world is best known

Average price: – (NFTs sold to date have a total value of $34.66M)

Axie Infinity, renowned as one of the most popular Metaverse platforms, features developable plots that users can rent or purchase.

Once a user acquires one of these lands, they have the opportunity to develop it and participate in land trading. As is typical with such platforms, the value of these plots is influenced by the assets contained within them.

You can click here to reach Axie Infinity.