One of the leading metaverses, Ertha Metaverse has reported a record sale of $120,000 for Rome NFT. The sale has given the buyer of the NFT full control of the city in the metaverse with its famous landmarks such as The Colosseum and the Trevi Fountain, Vatican City and the famous Sistine Chapel.
Those who buy such pieces of land in the metaverse have the capacity to generate even more money from the virtual lands using the features on them. The money is generated in the form of revenue in $ERTHA tokens. There are currently 360,000 plots of land that can be bought and each generates revenue through taxes, fees, and other forms of revenue from the transactions taking place on them.
When the play-to-earn game goes live, thousands of players are expected to enter the plot and start using it for different purposes which will in turn generate revenue for the buyer that far surpasses the purchase price. The marketplace is still being updated with lands from several new countries and prospective land owners can buy them as they are made available.
Some buyers recently acquired Tokyo for $59,000, while a single buyer paid $50,000 for the majority of Sweden. The Rome NFT has of course surpassed these two and is now the highest-priced plot of land in the Ertha Metaverse.
Ertha is a virtual world game where players can right the wrongs of current political leaders. By owning lands and other properties, they can make decisions that contribute to a sustainable planet. They can Extract resources, develop land, re-build economies, and re-form countries and their governments and every player’s decision can have long term impacts on the metaverse.
To stay ahead, players need to balance production, trade, and financial budgets as nations continue to compete for power, just like in the real world. $ERTHA token will be used to power the game, and can be used to influence in-game political policies, purchase land, develop real estate, but every decision will impact their influence in the metaverse and so they need to weigh their decisions very carefully.