VirtualRealEstate

Largest Virtual Real Estate Purchase To Be Finalized

Largest Virtual Real Estate Purchase To Be Finalized

Ellen Britt for CNT #NFTIf you thought interest in virtual real estate was beginning to decline, think again because Curzio Research is making one of the largest real estate purchases ever made for virtual property.Curzio Research, Inc. is a financial publishing company that specializes in investment research and analysis. The company, according to a report by Brave New Coin, is going to build its headquarters in TCG World, a metaverse platform. Staking Their ClaimIt makes sense that they have staked a claim to land in the Asia region of the platform, and the company plans to use its headquarters as a venue…
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From Selling Virtual Real Estate To Virtual Landlord

From Selling Virtual Real Estate To Virtual Landlord

Ellen Britt for CNT #NFTFormer day trader and now crypto investor Angelica Saldaña is setting her sights on the virtual landlord space. What has fueled her flip from selling virtual real estate to now renting it?Angelica Saldaña has been getting a lot of media attention lately. From an opinion piece on Business Insider to sitting down with the folks at Yahoo Finance, her pivot from selling virtual real estate to renting it has many wondering if they should do the same thing.The JourneyA former cryptocurrency investor, Saldaña had money in over 70 different tokens at one point, but in 2020 she…
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The Beverly Hills Metahouse On The Market This Week

The Beverly Hills Metahouse On The Market This Week

Ellen Britt for CNT #NFTA home in Beverly Hills, built in 1928, is for sale for $9.418 million. For an additional $100,000 the buyer can also get a home in the metaverse, but with a twist. Here are the deets:The five bedroom, six bathroom, Spanish style house, on North Arden Drive in Beverly Hills, is billed as a classic estate, complete with pool and guest house. The sellers are doing something really interesting with this offering which makes it really stand out.Two OptionsThe future buyer has a couple of options: either restore the original house or raze it and start over.…
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Futurewave – More Luxury Homes Being Sold As NFTs

Futurewave – More Luxury Homes Being Sold As NFTs

Ellen Britt for CNT #NFTWe recently reported on a soon-to-be-constructed luxury home in Miami that would be sold as an NFT. Now, another customer luxury home in Utah is about to follow suit. As the number of real estate buyers willing to pay for real world homes in cryptocurrency rises, developers are beginning to take notice. A local developer in Millcreek, Utah is building a $4 million dollar luxury home that will be sold as an NFT in exchange for cryptocurrency.Developers Are Getting CreativeCurrently, developers can’t directly turn a home into an NFT, so they have to be a bit creative. In…
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Virtual Real Estate – Your Ultimate Social Media Profile

Virtual Real Estate – Your Ultimate Social Media Profile

Ellen Britt for CNT #NFTIt’s likely that you, along with billions (yes, billions!) of other people globally, have a social media profile on one of the major platforms. Ownership of virtual real estate is about to add to that number!When you think of purchasing a piece of virtual real estate, it’s not likely that you are thinking of it in social media terms. But because your land exists in the metaverse, it’s as much a reflection of your choices about what to do with your property as is your Instagram or Facebook profile.More ChoicesWhen you think about it, you have only…
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Three Ways Virtual Real Estate Is Like “Real” Real Estate

Three Ways Virtual Real Estate Is Like “Real” Real Estate

Ellen Britt for CNT #NFT At first glance, it seems like real estate in the metaverse could not be more different than, say, a parcel located in downtown Indianpolis. But you might be surprised at how alike they are. Let’s take a closer look. One - Increase In Value Property in the real world generally appreciates (increases in value) over time, unless the area of the country has some sort of problem, such as a toxic waste dump being discovered. It’s the same with property in the metaverse. Virtual land will appreciate in value unless the location (the platform) is abandoned…
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How To Become A Landlord In The Metaverse

How To Become A Landlord In The Metaverse

Ellen Britt for CNT #NFT Recently, we looked at various ways to make money in the metaverse, with a couple of those ways involving virtual real estate. Let’s get a closer look at just one of these…becoming a virtual landlord. One of the benefits of this approach is that instead of your land just sitting there while you wait for it to appreciate, you rent it out and make money on it now, month after month. A Market For Renters Another benefit of this inevitable virtual land value appreciation, is that many people who want land on a particular Metaverse platform…
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The Top Five Ways You Can Make Money In The Metaverse

The Top Five Ways You Can Make Money In The Metaverse

Ellen Britt for CNT #NFT The metaverse is here to stay, like it or not. But it’s not all pay-to-play or using your hard earned cash to buy virtual bling. Here are the top five ways you can potentially make money in the metaverse. There are huge opportunities out there for the monetization of the metaverse as it continues to develop and gain users. The revenue from virtual gaming alone is estimated to reach $400 billion (yes billion!!) dollars by 2025 and the metaverse as a whole could generate a whopping one trillion in value by that time. So how do…
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Virtual Luxury Comes To The Metaverse

Virtual Luxury Comes To The Metaverse

Ellen Britt for CNT #NFT The world of luxury goods is on full display in the metaverse, with such high end brands as Gucci Dolce & Gabbana, Balenciaga and Louis Vuitton already staking out their claims. But the most common luxury good in the metaverse is not a designer handbag but is a luxury home.  Real-World Meets The Metaverse We’ve already brought you news of a collaboration between ONE Sotheby’s International Realty, known for its luxury real estate offerings, and Voxel Architects, who is constructing a digital twin of an 11,000 square foot, seven-bedroom, nine-bathroom mansion in one of Miami’s most coveted and affluent…
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Metaverse Mega Mansion Comes To Miami

Metaverse Mega Mansion Comes To Miami

Ellen Britt for CNT #NFT Another luxury home is about to hit the market in Miami, Florida. But this is not “just” another high-end home, it’s also an NFT.  One of Miami’s most coveted and affluent neighborhoods is about to become the site for an 11,000 square foot, seven-bedroom, nine-bathroom mansion, which is projected to be completed by the end of 2022.  Playing In The Sandbox The mansion is a collaboration between ONE Sotheby’s International Realty, known for its luxury real estate offerings, and Voxel Architects, who will construct the digital twin, down to the last bathroom! The home’s virtual digital twin will…
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