A plot of virtual land in the “metaverse” project The Sandbox was sold for $450 000 – Bits Media

Virtual land, adjacent to the estate of American rapper Snoop Dogg in the metaverse project The Sandbox, sold for $450 000 (about 71 000 SAND tokens).

At the beginning
December, an auction for the sale of plots of “land” was announced on the website of the virtual metaverse The Sandbox, adjacent to the “estate” of the popular American rapper Snoop Dogg (Snoop Dogg).

In total, up for auction
122 regular plot and 67 premium plots worth $2.59 million(around 430,000 USD). Besides, three small plots, directly adjacent to Snoop Dogg's "estate", auctioned by OpenSea. Each premium lot comes with a set of three exclusive NFTs, branded "Snoop Dogg".

A plot of land called "Estate S [12, -75]» sold for 71 000 SAND, approximately $450 000 on the date of sale. And this is far from the highest price for a plot of digital land.. Previously, a plot of land was sold on the Decentraland platform for 1.3 million MANA, which was equivalent to $913,228 on the date of sale. Based on current prices (1 HERE = $4.17) the cost of the plot exceeds $5.4 million.

Popularity of Metaverses, where "residents" can "build" showrooms to display NFT collections, chat with friends, посещать здания и мероприятия, подогревает интерес участников криптосообщества к объектам виртуальной недвижимости. but, количество доступных для продажи участков крайне ограничено, поэтому на рынке виртуальной недвижимости фиксируется ажиотажный спрос.

for instance, на платформе Next Earth цена «земли» выросла на 42 000%, а на The Sandbox, за последние семь дней, проданы участки на сумму более $70 million.