2022 opened the doors to the Metaverse and the purchase of digital assets, which are often used under the same parameters as NFTs. Last year, the foundations of how this new virtualized space would function were already being laid. For some, it\'s also a monetary investment that would grant them a space to create their businesses or simply a piece of land in cyberspace.
To begin understanding the buying and selling of virtual land, it\'s necessary to understand that there isn\'t just one Metaverse, but several. Therefore, you first need to identify which one suits you best and choose it, and then make the purchase through a wallet that handles the virtual currency used for payment.
Some examples of Metaverses are Decentraland and The Sandbox, which are more popular, as well as being the most expensive. In these, you can access land for the equivalent of $10,000 in virtual currency.
Regarding the dimensions and characteristics of the land you choose, you should consider that each metaverse will have its own rules. What you can do in the various metaverses is build houses, buildings, provide services, etc., which are mostly sold in standard sizes. The smallest plot you can acquire is 1x1, which is equivalent to 96 square meters in The Sandbox and 16 square meters in Decentraland.
To finalize the purchase, you need a digital wallet, which must be configured to finalize the purchase. Keep in mind that each metaverse has its own currency with which you will need to make the purchase. For example, Decentraland uses Mana and The Sandbox uses Sand, although most platforms are compatible with Ether.
Furthermore, one of the important things to consider is that the wallet has good security, since it will serve as proof that the buyer is indeed the owner of the land.
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