Promising Cryptocurrency: Metaverse – Virtual Land – Sand

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In this article we will talk about two promising cryptocurrencies on a topic with great potential: metaverses. It is a parallel world to the real world, a completely virtual world. Imagine a digital world in which you can live a parallel life without leaving your home. This is exactly what metaverse is. Celebrity director Steven Spielberg has released a movie about the metaverse titled: Ready Player One. Many celebrities are also interested in metaverses. This is the case of Mark Zuckerberg, for example. For the latter, the metaverse is the holy grail of social interaction, it’s the future. Because of this, Facebook bought Oculus for $2 billion.

It must be remembered that Oculus is a virtual reality specialist that is used among other things in video games. Also, it is possible in this virtual world to buy plots of land. By reading this article to the end, you will understand that in addition to the promising cryptocurrencies that I will present to you, buying land plots in the virtual world can be a good deal.

Decentraland (mana): a promising cryptocurrency

At the time of writing, the price of the cryptocurrency Mana is equal to $0.78. On the planet Decentraland, you can create games, buy plots and sell plots in this first virtual world owned by its users. It is important to remember that more than 90% of the area of ​​this virtual world has been sold. So there is only a small portion left to buy. So there is a form of scarcity that we observe.

Unlike cryptocurrency that can be exchanged in nature, parcels that you can actually buy in metaverses are not exchangeable, thanks to NFTs technology. This means that if you buy a plot of land, it will be allocated to you because you own a title deed. In addition, they are not replaceable. So the plot is unique and belongs to you. The virtual world is governed by the principle of scarcity. The profitability performance of these plots, in addition to the performance of the cryptocurrency itself, is incredible. Because there is a phenomenon of scarcity and the piece of land you are buying is unique and belongs to you rightfully.

Buying virtual land is a new form of real estate that will undoubtedly grow in the future. Owning a plot of land on the imaginary planet Decentraland is very expensive at the moment, because the prices have risen significantly due to the scarcity of said plots. Fortunately, there is another alternative for those who want to invest in the virtual world.

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If you want to learn more about Bitcoin and invest in cryptocurrency, here are two perfect books: Understanding Bitcoin in Two Hours and Investing in Bitcoin.

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