
virtual property
Virtual property refers to digital assets that hold value within online environments, such as virtual real estate in virtual worlds or in-game assets like skins and currencies. Unlike physical property, virtual property exists only in digital form, stored on servers or blockchain networks. Ownership is maintained through digital records or tokens, allowing users to buy, sell, or trade these assets much like physical property. While intangible, virtual property can have real-world value and significance, especially in virtual economies and gaming communities.