Virtual worlds

Metaverse land discounts can be obtained in these 4 virtual worlds, but should you? – CryptoMode

Buying metaverse land always seems like an attractive option. Holers can monetize virtual plots of land as they see fit, and most plots tend to increase in value. However, the following ecosystems struggle to retain their value, which can create windfalls.

Many good land deals in the metaverse

Anyone who has ever considered buying Metaverse land has many options to choose from. Of course, popular projects like The Sandbox and Decentralized get a lot of attention. However, there are about a dozen other worlds where virtual land can be purchased. However, they are not necessarily great investments.

These metaverse terrestrial NFTs have lost tremendous value since their all-time high. Of course, one can argue that the crypto bear market conditions don’t help much. Even so, NFTs are often the industry vertical that sees appreciation in value when crypto assets decline. With these low prices, there are several bargains to be had. However, the long-term prospects for these metaverse terrains remain uncertain.

You can to find the largest metaverse land discounts in Aether, Metroverse, NFT Worlds, and FLUF World: Burrows. None of them are “big names” in the industry, but that doesn’t mean they won’t have future potential. However, the initial hype about these companies has dwindled considerably.

All-time highs are out of reach

To put that into perspective, these projects hit all-time highs some time ago.

Ether: 3.33ETH

FLUF World: Terriers: 2.1 ETH

Metroverse: 1.9ETH

NFT Worlds: 12.16 ETH

However, their values ​​look very different today:

Ether: 0.23ETH (-93%)

FLUF World: Terriers: 0.22 ETH (-89.52%)

Metroverse: 0.05 ETH (-97.22%)

NFT Worlds: 0.77 ETH (-93.69%)

Given the low valuation of these metaverse lands, there is potential for future profit. However, this can only happen with sufficient trading volume. Even then, the average sale price per land in the metaverse increases. So far, weekly sales don’t look good for any of these virtual worlds.

Ether: 2

FLUF World: Terriers: 57

Metroverse: 46

NFT Worlds: 40

That said, only two projects have more than 100 weekly sales these days. These are the sandbox (167) and Another act for the Other (502).

Low social sentiment is a problem

These reduced prices do not seem to generate too much social activity for these virtual worlds. Statistics provided by Lunar Crush confirm as much. We review monthly social activity for these projects:

  • Aether: social mentions down 75.7%falling bullish sentiment 82%
  • FLUF World: Burrows: not tracked. Not in the top 500 by monthly volume of OpenSea.
  • Metroverse: social mentions on the rise 8.1%declining social commitments 38.7%bullish sentiment rising from 30.5%.
  • NFT Worlds: social mentions down 6.9%falling bullish sentiment 23.6%bearish sentiment up 102.1%.

The big question is whether to make a metaverse land deal. Global interest in metaverse experiences continues to grow, but it’s unclear if all of these worlds can be successful. Competing with The Sandbox and Decentraland is a tall order. However, anything can happen in the years to come.

Always do thorough research before making financial commitments.

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