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What are the Benefits of Owning a Virtual Land?

What are the Benefits of Owning a Virtual Land?

2021-03-08

It is an exciting time to be alive! An era of very innovative and disruptive technologies like artificial intelligence, smart devices, self-driven cars, blockchain, augmented reality and the most recent of which are NFTs.

NFTs provide a medium by which user’s content like arts, games can be tokenized and sold without having a physical presence as a sculpture or game console. There’s also virtual worlds that can be tokenized too, which leaves you wondering how a vast expanse of land can be owned simply by holding a NFT. Well, this and among  others currently accounts for the frenzy in the NFT space! The fact that you can own a work of art, game, and virtual world by holding the NFT. That’s some disruptive tech in play.

NFTs have come to stay, a reason it’s on the lips of many big players both in and out of the crypto space. Metaverse NFTs are beginning to gain wide recognition in the market for NFTs which owes largely to its usability and benefits accrued to the ownership. Virtual lands which are the major focus of metaverse NFTs are spatial domains, and owners of such domains have control of the AR/VR experiences on that geographic coordinates. Take for instance you own a web domain, you and only you reserves the right to control what content is displayed on the website, same applies for virtual lands. 

OVR is one of the leaders in metaverse NFTs that makes it possible to own a virtual land by holding the NFT- OVRLand.