Preface
In October 2021, Facebook renamed itself Meta. The emergence of a fascinating meta world by combining the real world and the online world. The Metaverse will be the next evolution of social technology.
Meta plans to provide jobs to 10,000 people in Europe to promote its own Metaverse. Meta is a well-known technology-driven company, working on the next dimension of the future.
- Online shopping mall
- Digital orchestra with real performers
- Encounters and greetings with real people
- Remote game night
- A platform for friends and family to interact with them as they roam the globe.
Other major brands like Nike and Microsoft are also entering the virtual world. Millennials and younger generations will find it attractive to invest in a culture of providing virtual and traditional real estate.
Realtors are entering the world of Metaverse real estate. Metaverse makes it easy to buy, sell, and develop digital or virtual land in a completely virtual world. Entering a virtual land that everyone trades is not so easy. Fraud can be frequent and can take the risk of investment decisions that are not well-informed for realtors. However, if this virtual land trading business gets on track, early entrants could plummet.
Metaverse has been developed for some time, including the world using the sandbox (SAND / USD) and decentraland (MANA / USD) blockchains. Is it interesting to see what opportunities Metaverse creates for realtors? However, these crypto-based technologies also face tough challenges from large technology companies such as Meta, Microsoft, and Nike.
Virtual real estate
The Metaverse Group is a leading virtual real estate company that promotes investment in virtual real estate through Metaverse. Metaverse properties help you get virtual land with a plethora of virtual property-centric services.
Cryptographic assets, non-fungible tokens (NFTs), and the blockchain industry will extend these services in crypto space. Virtual Real Estate Agents are focused on two blockchain-based metaverses, Sandbox and Decentraland.
These metaverses allow users to purchase virtual or digital land using non-fungible tokens (NFTs). After purchase, the buyer can develop the virtual land into a commercial building, a residential complex, or other development within the realm of the virtual economy.
The main motivation for buying virtual land is a high return on investment. Anyone can verify its legitimacy while buying a digital asset stored on the blockchain. Then, if you get higher value, you can sell it or rent it out to hold a virtual event.
Let’s take a look at some virtual land transactions.
- Tokens.com purchased crypto assets at Decentraland for US $ 2.4 million (equivalent to Rs 180 million) crypto assets. Buyers are planning to build a fashion store and a virtual event centre.
- Republic Realm, the developer of Metaverse, bought the sandbox land for US $ 4.3 million (equivalent to Rs 325
- million).
Creative and savvy realtors can even open up the Metaverse niche and charge fees.
To be a successful real estate agent near me in the virtual world, you need to be an expert in complex metaverse transactions. These real estate agents need to understand cryptocurrency wallets, crypto exchanges, and Ethereum blockchain technology where sandboxes and decentraland work.
Metaverse real estate
Metaverse is a 3D online world where users can perform a variety of virtual activities, including:
- Virtual interaction
- Meet distant friends and relatives
- Take a walk in the virtual world
- Own the land of the Metaverse
Users can access these metaverses on their desktop, laptop, or smartphone devices. Metaverses will provide or provide the following services to interested individuals / parties:
- Buying and selling virtual land throughout the Metavers
- Realise your dreams by developing virtual lands you own
- Consulting services by a group of experts for all the famous Metaverse
- Identifying rental properties in the Metaverse that meet your requirements
- Marketing and advertising services for your business in the Metaverse
A prominent agent for virtual real estate designs and sells real estate in partnership with Metaverse developers. Metaverse has a large number of virtual real estate projects lined up for launch and Top Property in Gurugram. Some realtors are also investing in digital land in anticipation of profits.
Conclusion
As the Metaverse becomes a step in the evolution of social technology, millennials and younger generations will sooner or later adopt it. The Metaverse is a combination of the real world and the virtual world.
