virtual real estate

Online land ownership

Virtual real estate is digital property that can be owned, bought, and sold—website domain names, parcels of land in online games or metaverse platforms, or spaces in virtual worlds.

Like physical real estate, value depends on location and desirability: She paid thousands for virtual real estate in a popular gaming world.

The term reflects how digital spaces have acquired the scarcity and speculation dynamics of physical property markets.

Related
  • metaverseShared immersive digital universe
  • NFTBlockchain-verified digital ownership
  • blockchainCryptographic linked transaction record
  • propertySomething owned or inherent
  • avatarDigital user representation

sandbox · pixel · land grab · domain · cyberspace · ownership · plot · investment · speculation · crypto · parcel · Second Life · digital asset · marketplace · deed · deed holder · immersive · 3D

Opposites
physical versus digital existence

virtual real estatereal property

Land plus permanent attachments

land · physical property · tangible property · built environment · commercial property

asset tangibility

virtual real estatetangible assets

Ownable items with substance

commodities · precious metals · machinery · equipment

Family

virtual, real, estate, virtually, virtuality, reality, realism, realistic, realistically

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Used worldwide · Abstract · Rated G