Metaverse Land Trading Platform: Gateway To Billion-Dollar Market

Metaverse Land Trading Platform: Gateway To Billion -Dollar Market

Jonathan Raabe (Technology Advisor)

September 5, 2022

The digital revolution in the virtual world has made the metaverse a lucrative market for budding entrepreneurs. According to a report published by Globenewswire, the global metaverse market is expected to expand at a CAGR of 47.6 percent, with a value of $1,527.55 billion by 2029.

Metaverse land trading platform

With money flowing deep into the development of metaverse platforms. Investors are rushing to cash out of this billion-dollar market by buying NFTs, virtual real estate, and other digital assets. Metaverse started as a digital revolution and now offers a billion-dollar opportunity in the digital space.

Metaverse land buying selling platform is another lucrative business idea in the virtual space. Budding entrepreneurs partner with metaverse platform development companies to enter the virtual space swiftly.

Do you believe that metaverse land real estate broker platforms are going to play a major role in empowering the world’s future existence? If you are planning to launch your virtual real estate trading platform, then our experts at RisingMax Inc. are happy to assist you. Connect over a FREE consultation call and discuss your project's need to quickly enter the billion-dollar metaverse market.

What Are Metaverse Land Selling Platforms?

Metaverse land selling platforms allow users to buy, sell, and trade virtual properties in the metaverse, similarly to Stocks. The real estate in the metaverse is converted into non-fungible tokens (NFTs), which makes it easier to prove ownership rights and trade real estate securely.

There are plenty of virtual land trading platforms like Upland and Decentraland, where users can buy, sell, or trade real estate like stocks, gold, and currencies. Users can build their own dream house in the metaverse, buy real estate to set up a store, play games, and perform real-world activities without hassle. 

How Does A Metaverse Land Trading Platform Work?

To understand the working of metaverse land trading platforms, you can check out virtual real estate platforms like Upland. Similar to the NFT trading marketplace, where users can buy, sell or trade non-fungible tokens with blockchain security, the metaverse land trading platform works similarly. 

Here’s how the metaverse land trading platform works;

  • Users can create an account on the metaverse real estate broker platform.
  • Users can list their virtual property on metaverse land trading platforms or buy from the listed virtual properties.
  • With a connected blockchain wallet, users can make or receive payments for real estate properties.
  • Virtual real estate collectors or investors can create a profile on a metaverse land trading platform to be a part of the virtual world.

Top Notch Features Of Our Metaverse Real Estate Broker Platform

  • Create Account: This feature of our metaverse land trading platform allows users to create an account for buying, selling, and virtual trading properties in the metaverse.
  • Manage Account: With this feature, a user can manage a profile and update or delete personal details shared with the platform.
  • Manage Security: Our metaverse real estate broker platform comes with integrated security features such as face recognition or bio-metrics to ensure that your information is safe with us. You can have a security protection layer on top of your username and password.
  • View Transactions: Users can keep track of all the transactions within the platform, such as fund withdrawals, net holdings, buying & selling transactions, and more.
  • Manage Virtual Properties: This feature of our metaverse land trading platform allows users to buy, sell or trade real estate with the security of blockchain technology.
  • Advanced Search Filters: With this feature, users can find selected listed metaverse real estate they are interested in buying or investing without hassle.
  • Bidding: This feature of our metaverse land trading platform allows users to participate in metaverse virtual real estate bidding based on their interests.
  • Virtual Real Estate Marketplace: Users can leverage this feature of our metaverse land trading platform to list or view virtual properties on the platform.
  • Log out: This feature allows users to securely log out from our metaverse real estate broker platform.
  • Description: With this feature of our metaverse land trading platform allows users to view descriptions related to real estates, such as titles, previous history, ownership records, and other details.
  • Support Team: Users can connect with the support team when they face an issue related to payment, logging in, or any other with the platform.
Want to offer your metaverse land selling platform users unique and innovative features? Connect with our tech support team and discuss your project needs.

Distinguishing Features of Metaverse Real Estate Broker Platform

Lazy Minting

This feature allows users to convert virtual real estate on metaverse to non-fungible tokens for free. Users can pay the minting fee when they sell their virtual real estate NFT with lazy minting.

Crypto wallet

An integrated crypto wallet makes it easy for users to buy, sell, or trade virtual real estate in the metaverse. Making a payment with digital tokens and storing metaverse virtual real estate is secure with a blockchain-based integrated crypto wallet.

Smart contracts

Smart contracts play a major role in providing users with a smooth and unmatched virtual property trading experience. Coding all the pre-required conditions on the blockchain-based smart contracts allows you to provide users with a secure virtual real estate trading experience.

Digital Tokens

Integrated digital tokens allow you to create a secure ecosystem in the metaverse where users can buy, sell or trade digital tokens. Dedicated digital tokens make it easy for users to trade virtual properties in the metaverse.

Virtual Tour

Allow users to visit the listed real estate on the metaverse before buying or investing in virtual real estate. This feature can be effective in boosting platform sales and attracting genuine buyers & investors.

Advertising

Users can take advantage of this feature to promote their listed real estate on the platform. Promotions on the platform effectively boost the visibility of a listed virtual real estate on the platform.

Trade NFTs

With this feature of our metaverse land buying selling platform, it is easy for users to trade other unique and rare assets. This is a great feature to diversify your businesses and generate more revenue from buying & selling of NFTs.

Land selling platform in metaverse

Tech Stack That Empowers Metaverse Land Buying Selling Platform

New-age technologies will play a major role in creating a metaverse land trading platform. These new-age technologies will make buying and selling land on the metaverse secure and easy for users. Metaverse virtual real estate is a revolutionary real estate trading platform that provides an unmatched trading experience with leading technologies.

Technologies behind the Metaverse land trading platforms;

AR and VR Technology

Augmented and virtual reality (AR/VR) technologies are pioneers in creating a virtual environment and taking user interaction to the next level. Users can leverage these technologies to view real-world objects in 3D virtual space with enhanced graphics.

3D Modeling

With 3D modeling technology, developers can bring real-world objects to life in the metaverse. As there is no limitation in the virtual world, 3D modeling technology can play a vital role in building innovative and unimaginable things in the metaverse.

Non-Fungible Tokens (NFTs)

Non-fungible tokens, or NFTs, are one of the major technologies behind metaverse land buying selling platforms. Users can convert their metaverse virtual real estate to non-fungible tokens. These real estate NFTs can easily be traded on metaverse broker platforms. Users can easily prove their ownership rights and ensure investors or other traders invest in the right virtual property.

Blockchain Technology

Metaverse and metaverse land trading platforms will all be a distant reality without blockchain technology. The decentralized nature of blockchain technology enables users in the virtual space to prove their ownership rights, governance, interoperability, and other benefits. Without blockchain technology, it will be difficult for users to experience a safe and transparent ecosystem in the metaverse.

Our Metaverse Land Trading Platform Development Process

For more than a decade now, we at RisingMax Inc. have been building business solutions for our customers worldwide. Want to know how? The answer lies in the six-step development process we follow to meet and exceed customers’ expectations. We have leveraged years of knowledge in developing business solutions for our customers in this development process.

Requirement

During this metaverse land selling platform development phase, our team gathers valuable inputs from the client. Our main goal during this phase is to understand client project ideas, business goals, and other project-related requirements before moving further.

Analysis

Based on the valuable inputs received in the above step, our team will move forward and do a thorough analysis of the client’s requirements. We carefully analyze every aspect of the project to ensure that we build the best business solution for our clients.

Planning

After a thorough project analysis, our development team will move forward to the planning phase. During this phase, our development team creates a project roadmap and plans our resources, project development cost, and time needed to complete the project.

Development

After sharing all the valuable project requirements with the client, our team moves to the project’s development phase. A project manager is assigned who will keep the client updated with the project’s overall development. Our development team understands the client’s requirements and designs a requirement-centric development process to offer the best business solutions to customers.

Testing

To ensure timely delivery, our testing team works parallel with the development team to find bugs or issues with the platform. With a timely resolution of the issues by the development team, we ensure the timely delivery of error-free business solutions to our clients.

Maintenance & Support

We at RisingMax Inc. provide affordable maintenance and support services to ensure the smooth running of metaverse land trading platforms. Our tech support team monitors your platform 24*7 for timely updates and assists with any technical issues with the platform.

Metaverse Real Estate Development Services We Offer

Metaverse Real Estate Design And Development Services

With our expertise in leading metaverse technologies such as blockchain, AI, and ML, we build future-ready solutions. Hire our metaverse developers at RisingMax Inc. to design and develop commercial & residential properties in the metaverse.

Metaverse Real Estate Smart Contract Development

Hire our smart contract developers to integrate permissionless smart contracts within real estate in the metaverse. A smart contract allows you to offer unparalleled virtual world experience, efficiency, and high-end security to end users.

Metaverse Real Estate Smart Contract Audit

Our team will conduct audits to ensure that your metaverse real estate platform runs smoothly on smart contracts. With our metaverse real estate smart contract audits, we find any possible loopholes or errors that can hamper the platform’s efficiency.

Metaverse Real Estate Integration Services

Our metaverse real estate integration services make it easy for businesses to enhance their working operation. Integration of data and APIs allows businesses to offer an unmatched experience to users.

Metaverse Real Estate Maintenance & Upgrade

Our highly experienced metaverse developers will ensure the smooth running of the metaverse platform with time maintenance and upgrade services. Provide unmatched experience to end users with our affordable metaverse real estate maintenance & upgrade services.

How Much Does Metaverse Land Buying Selling Platform Development Cost?

Cost is one of the most important factors for entrepreneurs before they actually decide to move ahead with the metaverse land trading platform development. If you are ready to jump up the metaverse land buying selling platform development bandwagon, then connect with our experts at RisingMax Inc. Share your business requirements with our team, and we will provide you with the exact development cost based on your project needs.

The metaverse land trading platform development cost depends upon various factors. If you don’t want to connect with a metaverse development company to find development costs. In that case, a careful analysis of these factors (mentioned below) is a must to get an idea about the development cost.

Major factors on which metaverse land trading platform development cost depends are:

  • Type of metaverse platform.
  • In-build security features on the platform.
  • Features and metaverse trading platform’s complexity.
  • Metaverse development company’s location.
  • Development team size.
  • Metaverse development company’s expertise.
  • Development time.
  • Post-deployment services.
  • Any other feature required.

You can evaluate all these factors to determine your metaverse project’s development cost before connecting with a metaverse development company. When it comes to metaverse land trading platform development, most companies will charge you $40k-$50k for basic application. However, the development cost might increase if you want to add some unique features and others based on the above factors.

Why Choose Us As Metaverse Land Buying Selling Platform?

RisingMax Inc. has been serving businesses worldwide for more than 13 years. We are privileged to assist clients in different business verticals and build solutions for them that are highly secure and reliable. With our expertise and in-depth knowledge in metaverse technologies, no one can match us regarding metaverse land buying and selling platforms.

Here is why you should hire RisingMax Inc;

  • Unmatched metaverse development expertise
  • Cost-effective metaverse development services.
  • Tech prowess
  • Highly reliable and secure metaverse land trading platforms
  • The well-qualified and experienced development team
  • Transparent pricing policy
  • 24*7 customer support
  • FREE consultation services

Don’t let your innovative and unique wait. Give wings to your business ideas with a trusted metaverse development company.

Connect over a FREE consultation and discuss your metaverse land buying selling platform idea TODAY.

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