Why I Became an NFT Landowner on Next Earth. Owning land goes back as far as humans have had the concept of ownership.
11 Oct 2021, 08:00
Why I Became an NFT Landowner on Next Earth
Owning land goes back as far as humans have had the concept of ownership. The idea that a piece of property can hold value — knowing there is a certain potential for capital appreciation — has existed since we figured out how to pin things down in space for, say, a campsite.
NFTs are digital equivalents of these earlier forms of “real estate.” But it’s not just about owning an NFT equivalent of a plot of land; rather, you become a co-owner along with thousands of others in what could be called an “online commons.” Together, NFT landowners make up Next Earth, a next-generation metaverse that has created a virtual replica of Earth.