Top 10 NFT Real Estate Companies to Follow
NFT real estate is no different from other NFT projects. Instead of owning a picture or a video, you own a plot of land in a certain metaverse. If you’re seeking a novel approach to investing in real estate, consider NFT real estate firms. The top 10 NFT real estate companies will be discussed in this article.
1. Decentraland
THE WHAT?
A virtual environment called Decentraland was established in 2015
The primary objective of the game is to construct and amass property in the NFT virtual area known as “land,” which can be broken up into pieces
Mana, the cryptocurrency token for this new digital world order, is used to purchase these land plots
You will have permanent ownership of the land as soon as you register, create your digital wallet, and buy your parcel
You are free to do whatever you want with your digital environment since you have total control over it and it involves constructing things, making games, or producing art
You can also lease or sell your land to other players if you don’t want to utilize it yourself
2. Polka City
THE WHAT?
A ground-breaking technology called Polka City enables users to own virtual properties and make money
Due to the contract-based nature of these NFT assets, it is simple for you to create income that is paid out in the native POLC coin
Starting Polka City is a rather simple process
You can select the investment type that best suits your preferences when you register for their real estate marketplace
To start making money at Polka City you can use your current Ethereum wallet and no new blockchain wallet is required
3. SuperWorld
THE WHAT?
SuperWorld is a marketplace for digital assets where you can make your own world and make money off of it
You can trade, buy, and sell various NFT pieces of land using its real estate platform, which in the actual world has an area of about 100m x 100m
You can get going with ease in SuperWorld, all you’ll need is a concept for your planet; no coding expertise or familiarity with blockchain technology is required
Here, you’ll have the chance to make money off of your property through, analytics, gaming, digital commerce, and e-commerce
4. Cryptovoxels
THE WHAT?
It feels like entering a completely different reality when one enters the Cryptovoxels virtual world and metaverse
The NFT platform, which was established in 2018, is a virtual space where you may purchase land and create your own tiny planet in anyway you choose
This implies that you can modify your so-called voxel pieces of land to develop a game, produce art, or even launch your own company
You can even sell your land to other players in the market if you become bored of it
The interesting thing about Cryptovoxels is that you can explore the platform without an Ethereum wallet
5. Upland
THE WHAT?
In order to map the real estate market, Upland, a virtual land marketplace, employs real-world locations and as a result, users can exchange their gained land for real US dollars
Through its in-game companies, Upland also enables players to interact with other gamers in order to make money and make new friends
In this new virtual economy, you can make money in real estate by renting out your houses, charging admission fees to guests, or selling your property at a profit
You can also make money at Upland by starting your own business
THE WHAT?
Somnium Space is a groundbreaking new platform that revolutionizes gaming and virtual reality (VR)
The business developed an open-source software platform based on the Ethereum Blockchain that enables the purchase and customization of virtual assets like vacant land, parks, and structures
Users of Somnium Space can now own virtual reality (VR) assets, including avatars and digital commodities
Integrating programmatic advertising plugins that track engagement rates and conversion rates into the VR games, develops a new economy where creators can immediately monetize their work
7. The Sandbox
THE WHAT?
The Sandbox is a cutting-edge virtual environment powered by Ethereum blockchain technology where users may create custom video games from the ground up using commercially available or pre-built building pieces
You must utilize $SAND, the platform’s utility token, and money, to purchase real estate and other assets from their marketplace
Being able to construct virtual experiences like dioramas and games and place items like buildings, cars, or furniture gives purchasing land on Sandbox a lot of options
8. Omni-PSI
THE WHAT?
A cutting-edge, ground-breaking new platform called Omni-PSI was developed in collaboration with the OMNI Real Estate Group and Passive Income and released last year
It is said to be the first fractional real estate NFT marketplace in the world, allowing sellers and buyers of tokenized property to buy fractionalized assets which are parts of properties rather than complete ones
Through their NFT marketplace, Omni-PSI collects money through their sales procedure
According to the number of shares each fractional NFT owner has, they each receive a portion of the rent that these renters pay
9. Fraction
THE WHAT?
Fraction is a brand-new real estate company operating on the Ethereum blockchain that has obtained the necessary Thai SEC authorization
With its $150 minimum purchase requirement to buy even a portion of an upscale real estate project, the company seeks to increase accessibility for everyone to invest in real estate
You can invest in a range of assets using Fraction’s plug-and-play platform, from tiny sums to private funds
This offers the benefit of demonstrating that the platform was created with your wants and objectives in mind
10. Propy
THE WHAT?
Propy is a one-stop shop for all of your real estate needs and is powered by Web3 Technology
Propy debuted its NFT platform in the US last January 2022, enabling the purchase and sale of real estate as an NFT
The buyer can quickly access the legal paperwork proving ownership of the property by logging real estate transactions on the blockchain
It is important to understand that real-world property ownership is not fractional
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DISCLOSURE:
None of these articles constitutes financial advice. Articles are highly summarised to make it easy for the reader and save time, so please DYOR further before putting your hard-earned money into any product mentioned.
Please note that the tech industry evolves rapidly and the info in this article is correct at the time of publishing. As Heraclitus said, “Change is the only constant,” so if anything sounds old or off, please holler on the socials or comment here so everyone stays peeled.
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