First hyper-realistic metaverse enables users to purchase their digital homes

Published at: July 2, 2022

There is no denying the world is headed to the metaverse, a term used to describe interconnected virtual realities where users simultaneously live a version of their digital life alongside their real life. Here, the world is invited to a space where they can work, learn, play, socialize and participate in any other activities they would live in the real world with a “digital twin.” The only difference is that, unlike the real world, where users are confined to time and space, the digital realm provides a completely immersive alternative that can be experienced without leaving home.

With more similarities than differences, experiences such as investing and making money through property purchases are also very similar.

Across realms, passive income is still considered the pinnacle of investment success. After all, many agree there is little better than making one’s money work for them, rather than the less appealing alternative, where you must work for your money. Investing in real estate, including virtual, is one of the ways.

However, as the world moves toward a digital reality, assets in the metaverse are becoming more than an investment. In some realities, the home one purchases in the metaverse will become a place where they live, whether this is hanging out in a penthouse, a place to party on a yacht or a means to travel around the world in a private UFO.

To begin building a virtual home, Verse Estate is providing the foundation as an environmentally-friendly metaverse agency specializing in creating hyper-realistic luxurious products, varying from private jets to luxury goods, each of which is based on unique concepts and sophisticated designs. The team does this through impeccable customer service, a fully immersive experience and a vibrant community.

Life in the penthouse

The project has already announced the launch of its upcoming luxurious New York penthouse collection on July 3.

Each property holding will come with proof-of-ownership, known as an NFT. The concept is likened to a digital deed that gives users ownership rights, similar to how they would in real-world real estate. At any point, users can choose to trade all or part of their holdings at any time.

Additional benefit users will experience by holding digital real estate as an NFT is the verification of ownership. Each asset comes with a chain of titles that guarantees that tracking the history of a property takes seconds rather than weeks, like with real-world real estate. The result is sped-up lease agreements and purchases transaction times.

To eliminate the barriers to using a new system of management, Verse Estate, as one of the early pioneers of the Solana network (SOL), has developed a system that allows users to connect their wallets to their desktop Verse account, where users can log in from your Oculus to access their Verse Estate properties. These properties will also be accessed via desktop for users who do not yet own an oculus.

More insights on Verse Estate here

Besides launching their luxurious virtual real estate properties, Verse Estate partners with brands and celebrities to strategize and help them transition to the metaverse to better engage with their audiences.

A global team in tune with the latest trends

To respond to a market defined by constant change, Verse Estate has put together a global team of over 60 highly skilled developers, thinkers and other talents, each of whom is dedicated to today's trends and developments in the space. The team has since maintained a high level of commitment and discipline, which is believed to be an asset in maintaining strong relationships with their client.

Looking ahead another year, the Verse Estate team has indicated a focus on encouraging economic activity as part of their company growth, in addition to making their vision of building a decentralized, community-owned and inclusive metaverse more widely known.

Verse Estate has also recently finalised a partnership with the renowned Magic Eden platform. They will be featured on the launchpad for their New York City exclusive collection, set to drop on July 3, joining some of the most prominent Solana collections of our time.

Learn more about Verse Estate

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

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