What does NFT lands have to do with real estate and investing? Rather, NFT game lands? And what is an NFT game land?
Basically, an NFT game land a digital picture of a land (real estate) in a game. This is probably the part where you go, “Like are you okay?” I wouldn’t be surprised if the NFT lands actually go up by 10x or maybe even 100x; at least as the metaverse becomes more important in our daily lives.
Ever since Facebook changed it’s name to Meta; everyone and their Mak Ciks (aunties) are now talking about virtual items. The point is that the gold rush is here! What’s cool is that we are still very early into the buying virtual lands and real estate.
1. Axie Infinity
If you’ve never heard about Axie infinity, it is a crypto-Pokemon game. It’s probably the most popular crypto game in the world right now. People buy these “cute-looking” Axies, play with them, and then make money with in-game tokens called SLP. It’s kind of like Mesos from MapleStory.
So back to NFT game lands. How much will a piece of land in Axie Infinity cost? There are actually five types of land in Axie Infinity:
Savannah
Forrest
Arctic
Mystic
Genesis
The cheapest type of land is Savannah and so forth. Genesis is the most expensive piece of land.
The question is,
Why would Axie Infinity lands be a good form of investment?
There are three reasons for this.
You’re probably thinking to yourself, “The land prices are already really expensive and overpriced, and there’s no point for you to actually invest in all these lands anymore.” However, sources have mentioned that about 3 out of 4 batches of lands have yet to be released and will actually be released soon.
Axie Infinity’s player base is continuously increasing every single day. When Chun Weng first started, there were about 80,000 players. Now there are about 8 million players and that’s like 100 times growth!
There have been many announcements on the importance of land. Gameplay involving land will become more and more important. Furthermore, combine that with major FOMO (Fear Of Missing Out) for the Metaverse.
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