How to Make Money From Virtual Real Estate on Decentraland

decentraland

If you are looking to make money from virtual real estate on Decentraland you have come to the right place.

Decentraland is the world’s first Ethereum powered virtual reality social platform that allows users to buy plots of land which they can then monetize through apps, decentralized games, tokenization, etc.

The platform is totally decentralized so once you’ve purchased your plot there are no limits to what you can build on it, be it a fully functioning casino or an amusement park that you can charge visitors to interact with. 

The project has been in the works since 2017 and the highly anticipated platform finally launched on February 20th, 2020. In the first 10 days alone over $1 million worth of virtual land was bought and traded.

Just like in the real-world land valuations are based on where your property is located on the map. Virtual land for sale close to the city center, major projects, and roads is highly sought after for it’s rarity and commands a higher price than land situated further away.

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