🔰Intro

Since their inception, NFTs (Non fungible tokens) have seen rapid growth and successes. NFTs can represent just about anything due to their non fungible nature. As a result, they've been used in gaming, music, art, pfp (profile pictures) and so much more. With the rise of the Metaverse, their application to represent land property ownership rights has been nothing if not the most practical application so far of this nascent technology.

Since the last year, especially, there has been an exponential growth in the popularity of this rapidly rising NFT sub-sector

Google Trends Searches For the Metaverse (last 5 years)

The rise of popular NFT gaming companies such as Axie Infinity and the Sandbox building virtual economies for their users has created a significant demand for land in these games. It's not a surprise given the fact that all experiences will be built upon land. This has thrust the demand for land into the top category of any gaming NFT assets

https://theconversation.com/real-estate-in-the-metaverse-is-booming-is-it-really-such-a-crazy-idea-174021

Although the sector is still fairly young, it's only now beginning