{"id":174669,"date":"2021-02-10T06:34:16","date_gmt":"2021-02-10T03:34:16","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/virtual-land-can-be-worth-more-than-the-real-thing-after-plot-sells-for-record-1-5m\/"},"modified":"2021-02-10T06:34:16","modified_gmt":"2021-02-10T03:34:16","slug":"virtual-land-can-be-worth-more-than-the-real-thing-after-plot-sells-for-record-1-5m","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/virtual-land-can-be-worth-more-than-the-real-thing-after-plot-sells-for-record-1-5m\/","title":{"rendered":"# Virtual land can be worth more than the real thing after plot sells for record $1.5M"},"content":{"rendered":"<p>&#8220;<strong># Virtual land can be worth more than the real thing after plot sells for record $1.5M <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvMTY1MjUzZWQtM2ExYy00N2NmLTgxNDMtYWQ4Zjk0ZmU0MDMzLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>A non-fungible token, or NFT, representing digital plots of land has sold for a record $1.5 million in the crypto-tamagotchi virtual ecosystem, Axie Infinity.<\/p>\n<p>The platform offers NFTs for \u2018Axies\u2019, fantasy creatures that inhabit a player-controlled virtual realm called \u201cLunacia.\u201d <\/p>\n<p>On Feb. 8, a community member purchased nine digital land plots in Lunancia as one parcel for 888.25 Ether \u2014 worth more than $1.5 million at the time.<\/p>\n<p>Lunancia spans 90,601 plots of land in total, of which 19% are already player owned.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"> Is this real life?!<\/p>\n<p> Congrats to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Its_Falcon_Time?ref_src=twsrc%5Etfw\">@Its_Falcon_Time<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/seedphrase?ref_src=twsrc%5Etfw\">@seedphrase<\/a> for making NFT History!<\/p>\n<p>9 Genesis plots. 888.25 ETH! <\/p>\n<p>$1,500,000<\/p>\n<p>The. Largest. NFT. Sale. Ever<\/p>\n<p>Why?  <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/WcIbg6X1Z3\">pic.twitter.com\/WcIbg6X1Z3<\/a><\/p>\n<p>\u2014 Axie Infinity (@AxieInfinity) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AxieInfinity\/status\/1358919423763992576?ref_src=twsrc%5Etfw\">February 8, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>The purchaser, known as \u2018Flying Falcon\u2019, explained why he purchased the nine genesis plots in a<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Its_Falcon_Time\/status\/1358919496099110915\"> tweet<\/a>, stating;<\/p>\n<blockquote><p>\u201cWe&#8217;re witnessing a historic moment; the rise of digital nations with their own systems of clearly delineated, irrevocable property rights. Axie land has entertainment value, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social<\/a> value, and economic value in the form of future resource flows.\u201d<\/p><\/blockquote>\n<p>The new digital landowner noted Axie\u2019s impressive growth during 2020, including a 743% increase in NFT holders, a 608% rise in marketplace volume, and a more than 3,000% spike in active monthly users.<\/p>\n<p>The sale also marked the one-week anniversary of Axie\u2019s Ronin Mainnet launch \u2014 the platform\u2019s sidechain built to ease the pressure of Ethereum network congestion and gas fees on players.<\/p>\n<p>Axie Infinity also plans to debut an interactive system called \u2018Project K\u2019 which will allow players to explore, decorate, battle, and harvest resources on their virtual land.<\/p>\n<p>On Feb. 9, major DEX SushiSwap added a liquidity pool for holders of Axie\u2019s native token AXS. In the past 48 hours, Sushi reports the wETH\/AXS pool has accrued over $1 million in liquidity.<\/p>\n<p>Digital real estate economies are rapidly gaining in popularity, Decentraland is currently one of the most popular, ranked top in terms of all-time volume at $40 million. According to<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/nonfungible.com\/market\/history\/decentraland?filter=saleType%3D&amp;length=10&amp;sort=usdPrice%3Ddesc&amp;start=0\"> Nonfungible.com<\/a>, the average price of a virtual land plot is around $343.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/virtual-land-can-be-worth-more-than-the-real-thing-after-plot-sells-for-record-1-5m\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Virtual land can be worth more than the real thing after plot sells for record $1.5M &#8221; A non-fungible token, or NFT, representing digital plots of land has sold for a record $1.5 million in the crypto-tamagotchi virtual ecosystem, Axie Infinity. The platform offers NFTs for \u2018Axies\u2019, fantasy creatures that inhabit a player-controlled virtual&#8230;<\/p>\n","protected":false},"author":1,"featured_media":174670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvMTY1MjUzZWQtM2ExYy00N2NmLTgxNDMtYWQ4Zjk0ZmU0MDMzLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74935,78234,4965],"class_list":["post-174669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-nonfungible-tokens","tag-virtual-property","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/174669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=174669"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/174669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/174670"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=174669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=174669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=174669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}