![]() ![]() The idea being that you can use these identifiers as ways to prove your ownership over a particular piece of virtual land.įor example, I could buy a nice sea-front condo and then use the blockchain to prove I own that piece of land by referencing the address encoded into the NFT itself – without having to share my private key. In addition, there’s also an identity aspect here: Just like in the physical world, each parcel of virtual land is associated with some sort of unique identifier. You can see this happening in the map interface by checking famous tiles, like the White House or the Statue of Liberty, and seeing which already have an owner. If you take a look at any given parcel of land, there’s only one owner per parcel. The experience of buying virtual land on Next Earth is pretty simple, and it starts with the fact that NFTs have a built-in scarcity. The future of virtual land ownership is here. ![]() Why would people do this? Because they can own their own piece of virtual land in the metaverse without having to bother with owning any actual assets (real estate or otherwise) outside of cyberspace. In other words, I can re-sell my virtual condo directly to another user. Second, they’re also being traded between users on the NFT marketplace. Well, there are actually two things going on here: First, NFTs are being sold as virtual land parcels directly from Next Earth. I’m currently virtually staying in downtown Miami, Florida. Virtual Real Estate on Next Earth: The Experience If the land you want is taken, such as in many famous monuments and landmarks, you can head over to the marketplace to see if another user decided to re-sell it. From there, I can even give access to the NFT to list it on Next Earth’s NFT marketplace. I can simply to the “my lands” section and see my very own Florida mansion NFT. It’s easy enough for anyone with access to a smartphone and internet connection to explore it, but I wanted something more substantial than just a map or a screenshot. That’s what Next Earth is all about – creating a digital replica of our planet that can be explored using Google Maps-style technology. ![]() I simply clicked the tiles, and used my BSC wallet to buy the mansion. I decided to select a nice mansion in Florida – which has always been a dream of mine. Then follow the simple instructions to purchase some virtual real estate. Then, buying NFTs is easy – just head over to the Next Earth website and browse the map interface to find land you’re interested in. ![]()
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