MintCityPlaces

How To Develop Your Metaverse Land Lot

How To Develop Your Metaverse Land Lot

Ellen Britt for CNT #NFTOK, so you have taken the plunge and purchased a lot in the metaverse? Now what? Buy and hold, or do something else entirely?Hold On!One of the easiest and most common ways to profit from your virtual real estate purchase is to simply hold on to it, and anticipate that prices will rise and you will be able to sell later for a profit. After all, no matter which metaverse you choose to play in, from The Sandbox to Decentraland to up-and-coming Mint City Places, there is only some much real estate to go around in each…
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Virtual Real Estate Ownership Is About To Change The Face Of Business

Virtual Real Estate Ownership Is About To Change The Face Of Business

Ellen Britt for CNT #NFTThe world of virtual real estate continues to explode, fueled in part by Facebook diving headfirst into the metaverse and changing its corporate name to Meta. Prices for plots of land within some virtual worlds have skyrocketed by as much as 500% over just a few months, with no top in sight!Businesses Are Catching OnBut what is really interesting is that brands and businesses have started to catch on to the idea that having a presence in the metaverse can augment, or in some cases, even be alternatives for their physical locations. A Quote To RememberMihai Vicol, an…
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NFTs and the Future of Real Estate

NFTs and the Future of Real Estate

Troy Warren for CNT #NFT NFTs have rapidly been gaining in popularity, and as interest grows, many are beginning to look at the real-world applications of the technology. One such application captures the biggest asset class in the world – real estate. What do NFTs have to do with Real Estate? Non-fungible tokens are smart contracts that set the terms of sale and signify ownership over an asset. Sound familiar? Of course it does, because that’s how real estate contracts work too. A real estate contract sets the terms for the purchase, sale, and conveyancing (transfers of legal ownership) of real estate.…
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