virtual land

Virtual land refers to digital spaces within online platforms or environments, such as virtual worlds, metaverses, or video games, where users can buy, sell, develop, or customize locations just like physical property. These assets are represented as blockchain-based assets known as non-fungible tokens (NFTs), which verify ownership and scarcity. Virtual land can serve various purposes, including social interaction, commerce, entertainment, or investment. Its value depends on factors like location, size, and development potential, similar to real-world real estate, but entirely digital and accessible through the internet.