Virtual Real Estate
As the metaverse continues to grow, virtual real estate has become a serious asset class. Platforms like Decentraland, The Sandbox, and Otherside allow users to buy land parcels as NFTs. Once purchased, users can build virtual homes, shops, museums, or event spaces.
Major brands like Gucci and iHeartMedia have bought digital land to host immersive experiences. Just like physical property, virtual land is limited—and valuable. Owners can rent out space, host paid events, or sell goods and services in the metaverse.