Blockchain never fails to surprise. With the Next Earth project, people can purchase virtual land NFTs in El Salvador as digital replicas of Earth in the form of Non-Fungible Tokens (NFT).
Next Earth, a blockchain metaverse project, has been offering virtual land NFTs from an earth map since August. On September 27, the company launched an NFT marketplace to offer users easy buying and selling options. In the platform, buying an NFT implies owning a virtual land parcel within the next Earth’s metaverse.
NFTs are getting crazily popular among gamers, blockchain enthusiasts, and even long-term investors and entrepreneurs with strong technology behind them. Next Earth allows users with Binance Smart Chain token (BNB) holders to buy the virtual land effortlessly. Therefore, buying them is not a tough game anymore.
The demand for NFTs has increased heavily after Visa announced its purchase of Cryptopunk NFT worth $165,000.
Why El Salvador is a perfect Virtual Land NFTs spot
El Salvador has an extremely rich cultural heritage and is the first crypto-friendly country in the entire globe. The Central American country has recently adopted Bitcoin (BTC) as its legal tender, which has opened new gateways and opportunities for the crypto world.
With a large population of artists and creators and beautiful land, El Salvador could not remain untouched by virtual land NFTs. The scenic beauty and citizens’ commitment to protecting their environment attract investors to buy a virtual land NFT.
What is Metaverse?
Metaverse is a shared digital space offering people the freedom to interact with each other. The future of metaverse depicts the existence of avatars interacting with each other digitally, just like humans in the real world.
Companies like Facebook are also working on their contribution to the technology, and Next Earth is doing the same, but using Blockchain behind to offer to buy and to sell the lands on the virtual Earth.
El Salvador and its counterparts like Hawaii will give a heavenly virtual trip to its owners once users start realizing the technology behind it. NFT enthusiasts have already bought around $2 million worth of virtual land till now.