If you are looking to buy land in Metaverse, you must want to know the price of land in Metaverse. The answer to this question depends on different factors and this makes it a bit difficult to answer this question.
But don’t worry, by reading this article, you can easily find the price of Metaversi land you want and finally, depending on your needs, buy the land that suits your characteristics.
Before we start the work, it is better to know what the metaverse earth is and what it is used for. As you know, Metaverse is a virtual space that works like a fantasy world. You can be a virtual person in Metaverse, interact with others and have different types of relationships.
Read more: What is Metaverse?
On some platforms like Dicentraland, you can build different things on the land you buy. For example, you can create a game, store or anything you can think of. There is also the possibility to rent out your land in some metaverses and earn money in this way.
What is the price of land in Metaverse?
Now we come to the interesting part of the article: the price of land in Metaverse! Currently, the price of Metaverse lands varies between 0.37 Ether (equivalent to 650) and several thousand Ether (equivalent to several million dollars). Leaving aside the astronomical prices of certain lands, you can buy a decent Metaverse land for about 1.1 Ether, which equates to $2,000.
Metaversi land prices depend on the following factors:
- Adjacent lands
- People who work on the Metaverse platform
- The history and team of the developer of the Metaversi platform
- Hype and market situation
For example, if you buy a piece of land next to a lot of companies and celebrities, it will definitely be worth more than a piece of land in a remote corner. To understand this better, see the image below.
In this picture is a remote land on the Metaverse sandbox platform, which is priced much lower than the land next to Snoop Dogg’s land.
Where can we see the price of land in Metaversi?
Since the prices of Metaverse land are constantly changing and anyone can place their land in OpenSea as much as they want, it cannot be said that the price of land in a certain Metaverse is this much.
For this reason, we recommend to look at the land prices in the specific markets of each platform. That is, if you want to see the price of land in Metaverse Dicentraland, go to the Dicentraland Market and visit the Sandbox Market to see the prices of sandbox lands. In general, see the prices of Metaversi lands from the following addresses:
The peak price of Metaversi lands
At the peak of the digital currency bull market, Metaverse lands reached astronomical prices. For example, at that time you would pay 7 Ether for a normal plot of land, which today can be bought for about one or even half an Ether.
These prices are separate from the prices of certain lands that users can price whatever they want. Even now, you can find a multi-million dollar land on the sandbox, but the problem is that no one will buy this land!
In 2022, a plot of land in Somnium was traded for 6 Ether. The price of metaverse lands in Dicentraland also increased a lot in 2022, and normal lands cost around 5.5 Ether.
Sandbox and Voxels also had plots with a price of 4.5 and 3 ether. In fact, in 2022 and the peak price of Metaversi lands, if you touched any land, it would be gold!
Frequently asked questions
What is the most expensive Metaverse land?
Currently, you can buy a piece of land in the famous Metaverse for around $300.
What is the cheapest Metaversi land?
Currently, you can buy a piece of land in the famous Metaverse for around $300.
What is the floor price of Metaverse land?
Currently, 200 to 300 dollars can be considered as the price floor of Metaversi lands.
What is the most expensive Metaverse land?
A user has put a land in the Metaverse for sale at a price of 6.5 million dollars, which is currently the most expensive land in the Metaverse!
Is it reasonable to buy land in Metaverse?
Due to the huge fluctuations in the price of Metaversi land, buying a land for investment is considered a risky business for normal users.
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