🏙️Metaverse & NFT

One way in which people are utilizing NFTs in the metaverse is to purchase virtual land, such as LAND a piece of digital real estate in The Sandbox.

Instead of a tangible deed, these virtual places use NFTs to show ownership of specific regions inside a virtual environment.

By the end of 2021, total expenditure on NFTs exceeded $12.6 billion, and some of the ways buyers receive passive returns (residual income) and maximize the potential of their investments include the following:

· Yield-generating NFTs

· Staking

· Nested NFTs