Tools For Online Real Estate

Digital land sales need the proper tools

With the growing sector that is digital real estate the opportunities for evolution and development are numerous. Projects such as Decentraland, Upland, and The Sandbox have opened the doors to many other new projects that plan to build their own versions of web3 communities and neighborhoods.

Virtual real estate is the new sector to build upon which can lead to new avenues for advertisement, marketing, and sales. With so many new ideas around digital real estate, it can be difficult to know exactly where to begin. What are the challenges, and what can be done to make things even more efficient in the future for those that hope to succeed in the burgeoning market that is online real estate?

First, let us look at some of the issues that may need to be solved in order to elevate any project that wants to complement the digital real estate market:

There are so many projects currently out that have an online metaverse or are creating one, sales of virtual lands, parcels, galleries, or even houses have been made on multiple platforms and blockchains, some unbeknownst to many would-be purchasers or investors. The lack of a unified marketplace that showcases all of the offerings of digital land makes it a bit difficult to know what is being sold, where it is being sold, and how to purchase it.

Much like how Exchange. art creates an environment that showcases all NFT on multiple marketplaces the digital real estate sector would benefit from a platform that does the same as well.

There are many projects and not every project is created equal. With each new online metaverse, there is the potential for growth and the potential for failure.

Having actual analytical evidence about the growth or decline of a project is crucial to aiding in purchaser research and understanding. Information on how digital land is managed is also crucial to a successful investment. Implementing all of this information into one easy-to-access and understand platform would solve this issue as well.

There are so many projects, having a clear visual understanding of the project and the project would benefit the client greatly. Are you looking for a house, just land, a gallery? Having a clear understanding of what is offered helps to create a stable marketplace. Images placed in order of type and price would greatly increase adoption rates and would make the platform more user-friendly.

Looking at the maps given on the homesites of these projects can at times be confusing and hard to follow, unified, easy-to-understand representation would aid in purchases of digital land as it would make things clearer than what is currently offered. All of this complemented by price predictions and leaderboards would make for a very powerful tool

A system that keeps the user in the loop of sales, purchases, and upcoming projects would be a game-changer for the current marketplace as well. Having up-to-the-minute information and notifications would benefit those that are serious about their digital land purchases and trading.

Recently the aggregator platform WeMeta has raised $1.1 million in funding to address many of the issues with transacting digital land. Striving to become the foremost market on Metaverse land sales WeMeta is developing implementations of each and every aspect of digital land sales.

There are ideas that can transform the way digital real estate is handled today. The market is still very new but just like the crypto movement, it is evolving very fast. There are indeed platforms such as WeMeta that have begun on this journey but the road is wide and open for more pioneers to veer into this new terrain of web3. The future of digital real estate is vast and those that can build to respond to the needs of users can definitely find a successful niche market.

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