How to Make Money From Virtual Real Estate on Decentraland

If you are looking to make money from virtual real estate on Decentraland you have come to the right place.

Decentraland is the world's first Ethereum powered virtual reality social platform that allows users to buy plots of land which they can then monetize through apps, decentralized games, tokenization, etc.

The platform is totally decentralized so once you’ve purchased your plot there are no limits to what you can build on it, be it a fully functioning casino or an amusement park that you can charge visitors to interact with. 

The project has been in the works since 2017 and the highly anticipated platform finally launched on February 20th, 2020. In the first 10 days alone over $1 million worth of virtual land was bought and traded.

Just like in the real-world land valuations are based on where your property is located on the map. Virtual land for sale close to the city center, major projects, and roads is highly sought after for it's rarity and commands a higher price than land situated further away.

Decentraland Map Overview

This is a zoomed-out overview of the Decentraland map.

  • The green spaces represent the areas in which you can buy, sell, or develop the land. 

  • The black lines are the roads that can generate a fair amount of foot traffic. 

  • The blue area represents large projects that are under construction 

  • The white squares known as Genisis Plazas are exhibition halls where events take place.

How to Buy Virtual Land

Virtual land can be purchased through MinedHash's Decentraland Market Place

Should you wish to purchase land on MinedHash’s Decentraland Marketplace you get the option of transacting in Decentraland’s very own cryptocurrency MANA, Ethereum, or theStablecoinsDAI and USDC. Read More on Minedhash

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