Real estate continues to be viewed by analysts as a lucrative and secure investment, due to its higher returns than traditional stocks.
Stability can be compared to the scarcity principle driving desire in many ways. However, there is only so much land in the world right now unless people venture beyond Earth’s boundaries. Another benefit to real estate is passive income. Many real estate investors make their money by renting out the property, which provides a steady income stream in addition to the property’s increased value. Leveraging a real estate asset makes it more affordable, which allows users to increase their holdings without having sufficient cash.
Despite its many benefits, real estate isn’t the best investment. Real estate is not like other assets that can be bought incrementally. Instead, the owner must save substantial amounts of money before making a down payment. The second concern is the risk of down payments. A property investment cannot be liquidated quickly to meet an immediate cash need. The barriers to investing in this asset type are still quite high, compared with other avenues.
To address this accessibility gap, land within the metaverse (also known as NFT Land) is a rapidly expanding sector that allows many players to capitalize on similar opportunities to create and earn passively, while also growing their wealth without any restrictions or drawbacks. These include the seemingly endless opportunities to test investor’s creativity by creating a custom-designed storefront, home or business that is tailored to their needs. All this is possible with blockchain backing which verifies each plot’s authenticity and ownership.
Investors looking to increase their wealth via commercialization are also eligible for this. Digital landowners can make a profit by selling their land, renting it out, building virtual properties, businesses, or leasing it out for other NFTs.
As the lines between physical and digital realities blur more, NFT land continues its position as the equally lucrative brother to traditional real estate.
Virtual land: A closer look
This concept can be described as digital reality. It exists in a virtual world that crypto enthusiasts, tech investors and the general public call the metaverse. Users will find a realistic experience on most platforms. They rely on a three-dimensional environment and provide an immersive element that mimics the real world in many different ways.
These projects are often broken down into smaller areas, and sold as “land”, or “plot” offerings similar to the real world. Each plot can be purchased using the asset’s native cryptocurrency. However, some projects may accept fiat.
However, for some, this question remains unanswered. Why would you buy something digitally when you can do it in the real world? Ready, Player, One and other movies show that the virtual world can be used to fulfill social needs. This is why so many people are signing up for these platforms. Many people see the impoverished residents of poor countries as someone who can enjoy the same lifestyle as multimillionaires. Virtual reality (VR), has been viewed as the bridge to these inequalities. It is the great equalizer.
The third factor is based on trends in how and where people spend their time. It makes sense that assets they wish to share with their peers online could also exist in the digital space. It may not be as impossible as people once thought.
The exploration of digital applications that allow businesses to make a profit is still in the early stages. Many conferences and hosted events have been relocated to virtual settings following the COVID-19 pandemic. This allows team members to travel from all over the world to take part in the conference. It makes sense that virtual workplaces will continue to be used, even though the world opens up to commerce in person.
Accessing a digital community
Contrary to popular belief, buying and selling metaverse land can be done easily. One of the most important decisions you make is selecting a platform to participate in.
Keys Token is a real-estate-based cryptocurrency ecosystem that runs on Ethereum ( and ETH). It stands out from the rest. According to its product roadmap, KEYS already has its revolutionary Meta Mansions NFT collection launched and plans to release additional releases.
As part of the Meta Mansions Collection, plots are available. This luxurious residential community is split into 8888 virtual NFT mansions in the proprietary KEYS Metaverse. The KEYS Metaverse, unlike other digital landscapes is powered by Unreal Engine 5 through a partnership of $100 million with Genius Ventures. Investors can generate passive and active cryptocurrency income through the metaverse. This allows them to create businesses, sell assets, and provide services much like entrepreneurs would do in the real world.
The benefits of KEYS digital property extend beyond the digital realm. Investors can enjoy exclusive benefits on partner products, services, and KEYS events hosted in both the KEYS Metaverse as the physical world.
As digital residence and real life become more interconnected, KEYS Metaverse investors have a new opportunity: to diversify their investment portfolios and take part in the development of the next generation of the internet.
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