#digitalland

[nextearth]

A Virtual Real Estate Company To Help You Buy a Virtual House

Even if one lives in the fanciest imaginable district of a city, the sight of real estate signs becomes a sore to the eyes. With the emergence of metaverse projects and especially NFTs, it was only a matter of time before the first digital real estate agency came to be. While agents are competing against each other in real life, this one agency aims to reap the benefits of their virtual presence.

So we present to you the very first ever digital virtual real estate agency which is called Republic Realm. It's a private investment platform that exclusively invests in property that's located in the virtual world. And just in case you think this idea is totally bananas, we should like to point out that the affiliate, OpenDeal Inc, just received a cash injection of a whopping $36 million from Galaxy Digital. This is part of a major crypto investment which is helping to propel the whole digital real estate marketplace upwards and outwards further into the public eye.

Over the last few months there has been an increased interest in all aspects of virtual real estate. Republic Realm put this down to a number of factors that have simultaneously collided. These include the increasing acceptance of emerging technologies such as virtual reality, along with changes within blockchain technology, such as the allowing of smart contracts and minting of NFTs. And finally, we should mention the fact that the pandemic has led to many people having much more time to spend online. “A lot of these trends are converging now and COVID-19 has really accelerated their growth,” TJ Kawamura, who's the head of product for Republic’s real estate arm. “I think people are trying to find new ways to engage and create community. It’s not just for the nerds anymore,” he joked.

Interested in virtual land? Read our emails. The last 3-years Kawamura has been keeping an eye on all virtual metaverses that have been springing up right, left and centre. In launching the fund, he decided to focus on the management and development of virtual lands, as well as their acquisition on such metaverse platforms as Sandbox, Axie Infinity and Decentraland. Investments are converted into NFTs or Non Fungible Tokens. Potentially these are blockchain assets that can be used to prove both ownership and scarcity of a digital asset. Unless you've been living under a rock, you'll be fully aware that NFTs have been embraced by art, music, fashion and gaming communities.The land parcels that Republic Realm buys on these virtual worlds are valued according to their location, size and previous sales price. “This whole craze with NFTs has really pushed it to the next level,” he said. Kawamura suggests a direct correlation between the growing awareness and popularity of blockchain, especially the ethereum blockchain that has led to a boom in both NFTs and now virtual real estate. As he points out, “Decentraland is one of the biggest worlds. About three years ago you could buy a parcel for $550 USD. Now, it’s trading at about $8,000 USD.” He also points to a metaverse called The Sandbox and says there has been a similar trend there. “A parcel was trading for $30 USD four months ago and now it’s trading at $880 USD,” he said. “So the space is really blowing up.” Of course, the question on many people's lips is what can you do with this virtual that and what is driving its increasing price? Republic Realm and its investors see a huge potential for profits. Once land is purchased, then it can be used for any number of purposes including storefronts for selling merchandise, advertising space, virtual art galleries and more. Right now there are even virtual casinos situated on metaverses that pay real people to staff their games. Sotheby's has opened a virtual art gallery. As Kawamura says, “There’s a lot of opportunities for brands to come in and access these new spaces in new and creative ways,” With traditional real estate being so costly and also requiring long-term upkeep, it makes sense for new investors to buy digital real estate. Not only is this more affordable, but it's more sustainable and allows the owner of virtual land an accessible entry point into the whole metaverse. “It’s much more difficult if you want to build the house of your dreams in the real world,” Kawamura said. “You can get onto this in a matter of minutes and it doesn’t require you to be a graphic designer.” To give you an idea as to how the digital real estate market is really taking off, just a few months ago the contemporary artist Krista Kim, who describes himself as a "Techism artist," designed a digital home which was called Mars House. It was put up for sale on the virtual trading platform SuperRare as an NFT, and within hours sold for 288 Ether, which is $514,557.79. So what did the buyer get for that money? A set of 3D digital plans so they can upload their own metaverse house. The sale also comes with an exclusive soundtrack from Jeff Schroeder of The Smashing Pumpkins.

Right now you can find real estate brokers such as Shane Dulgeroff, who's selling physical properties with an NFT attached to Open Sea. Separately, just last month a plot in Paris sold for over $3,500 having been purchased for less than $100 on the new metaverse platform, Next Earth. “You now have people from the traditional real estate market coming in and saying ‘how can I take what I know from the real world into the virtual world?,’” Kawamura said. The Republic Realm is presently only open to accredited investors. Kawamura believes the virtual real estate industry is rapidly heading towards a new peak. As he says, “It’s the beginning of the virtual Renaissance.”

Newsletter: Subscribe Website: Nextearth.io Discord: Next Earth Community Twitter: @NextEarth_ Telegram: Next Earth Chat

[20westlegal]

This week, I uncover everything you need to know, including your Digital Assets in your estate plan.

Recent advances in digital technology have made many aspects of our lives exponentially easier and more convenient. But at the same time, digital technology has also created some serious complications when it comes to estate planning.

There are several special considerations you should be aware of when including digital assets in your estate plan.

Learn more here: https://bit.ly/3C5yWH0

[decentworld]

From 12M Street NFTs to 18.5M in Less Than 3 Months - DecentWorld Expands Its Metaverse!

ZUG, Switzerland - May 13, 2022

DecentWorld metaverse expects a solid expansion leap, the creators behind the metaverse project announced. As of next week, the total number of Street NFTs will jump from 12M to a whopping 18.5M, a sizable 35% increase. A recently launched digital real estate platform that has surprised the industry by building a replica of our globe, offers its users a unique chance to own a digital copy of any street in the world.

The Swiss-owned metaverse platform, also called realverse, offers a unique approach towards the metaverse experience by creating a one-to-one copy of the real world, and they are inviting users to acquire and trade geo-based assets as NFTs. All the Streets within the DecentWorld realverse are available as NFTs, and come with unique ownership certificates.

Geo-Based Assets for Sale

According to the project team, if by definition there can only be one metaverse, it should be nothing less than the real world.

Built on a blockchain technology, DecentWorld is almost a unicorn within its industry. Unlike other platforms offering fiction worlds, DecentWorld features an in-house geo-based Map with real-world based digital Assets.

A huge addition of Streets is scheduled for the upcoming week with 18.5 million Street NFTs available for purchase. It marks the start of another project stage, dedicated to even more immersive new environments and introducing new game mechanics.

“We are very excited about this addition, as it will open up even more opportunities for our users. From the very start, the key idea was to make sure that we matched our metaverse environment to the real world as much as possible. Instead of designing a fantasy land, we decided to build a realverse that is easy to follow and understand. With 18.5 million digital Streets, this Map will be one-of-a-kind in the industry,” the creators said.

Virtual Streets on DecentWorld are classified 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.

So far, the total sales of Street NFTs have reached $19 million, and the most famous streets worldwide such as Champs-Élysées, Broadway, and Wall Street already have owners, having paid respectively $200,000, $800,000, and a staggering $900,000.

Virtual property owners will soon be able to combine their assets into artsy collections to tell unique stories, as well as trade their digital assets on DecentWorld's P2P Marketplace with other users from around the globe. Once launched, the thoroughly combined collections will become separate assets and will help to generate yield, thus fueling the internal digital economy.

Business Integrations

The expansion of the Map means more opportunities for future integrations. The project development team said it plans to open their APIs to allow other apps to join them in powering interoperability and growth. The ultimate goal for DecentWorld is to become the industry’s leading metaverse project, an open metaverse platform that is sustainable and relevant to a broad base of users.

“We hope that building a one to one replica of the real world will also serve as a strong foundation, attractive for other businesses and their products in the future. By creating something as prominent as a geo-based digital space no smaller than the Earth itself, we are able to offer vast opportunities & long-term value,” the creators of DecentWorld explained.

Other plans for DecentWorld include an immersive 3D layer built with Unreal Engine 5, open P2P Marketplace, E-commerce and other features, all planned to be launched this year.

To fully explore our metaverse, please visit: https://aff.decentworld.com/tiny/YoMK8

Follow our latest updates on Twitter, Telegram, Instagram, LinkedIn and Facebook.

For further inquiries & talent outreach, please message hello@decentworld.com.

[firstmoveronline]

Neue Gründerzeit NRW: MWIDE startet Online-Befragung und sammelt Vorschläge zum Bürokratieabbau

Neue Gründerzeit NRW: MWIDE startet Online-Befragung und sammelt Vorschläge zum Bürokratieabbau

Die neue Landesregierung möchte das Gründen einfacher machen und angehende Unternehmerinnen und Unternehmer von unnötiger und komplizierter Bürokratie befreien. Dazu hat Wirtschafts- und Digitalminister Prof. Dr. Andreas Pinkwart eine Online-Befragung für Gründerinnen und Gründer gestartet.   Minister Pinkwart: „Wir wollen ein Signal an Gründer senden, Nordrhein-Westfalen als Digitalland…