[PRESS RELEASE – ZUG, Switzerland]
Whilst some are still wondering if virtual real estate is actually a thing, the early birds are already making moves and paying six-figure amounts to secure Street NFTs in the metaverse. This year alone the sale of virtual properties is predicted to exceed $990 million.
According to DecentWorld, a real-world based metaverse platform, the popularity of virtual real estate is growing – just within the first 1.5 months since the platform launch, the top 15 most expensive Streets on DecentWorld have already been purchased, the total value of the Street NFTs sold on the platform make up over $19 million.
Most Wanted Virtual Real Estate
On the DecentWorld metaverse platform, users can find virtual copies of every street in the world and purchase them as NFTs. The total number of active streets on the DecentWorld Map currently reaches 12 million, and within 1.5 months from the launch, virtual estate sales reached $19 million, with more than 2,000 virtual Streets already sold.
Most popular locations are in the United States, with nearly 400 streets sold among the users. Second is France, with nearly 300. The United Kingdom is in third place amongst the most popular countries, with 121 streets purchased.
“Since the project’s launch, DecentWorld has seen increased interest from different parties. The world’s top famous streets such as Wall Street, Oxford Street, Broadway, and similar ones are already taken, proving that we’re off to a great start,” DecentWorld team shares.
Virtual Streets are sorted into four different levels depending on the status of their real-world location. The more prominent or prestigious the street is in the physical world, the higher its ranking, and thus the more valuable it is in the DecentWorld metaverse.
Quality User Experience
Differently from many competitors in the industry, the DecentWorld team is creating a real-world-based metaverse, which brings unique value to the virtual reality space through an immersive, gamified user experience.
“It was important to create a user-friendly experience, a space that is easy to understand, but also reflects our core value – Swiss quality. That is why we made a calculated decision to create DecentWorld basing it on a real world, using top-notch technologies, making sure we have a quality ground where others could join and integrate easily,” the team explains.
In the near future, the metaverse creators will introduce a multiplayer mode 3D environment with real-life-looking buildings, and open them for e-commerce to reinvent the online shopping experience.
DecentWorld is a Swiss metaverse digital real estate platform built on blockchain technology to introduce a next-generation web3 experience. The platform allows members to purchase and trade virtual NFT Streets, which can then be combined into Collections. Completed Collections automatically start generating yield which is accumulated and distributed on regular intervals. Using state-of-the-art security features, DecentWorld also stands for trust and transparency in the blockchain industry.
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