NFTs are conceptually equivalent to the real-world deed. Since these transactions are public, they can be viewed by anyone. Essentially, ownership is also on this NFT, the purchased NFT is stored in the user's digital crypto wallet. Trading transactions on digital lands are managed by smart contracts, and recorded on a blockchain, making the transaction indestructible and immutable. Land purchases can also be made through auctions from platforms such as OpenSea, which are NFT marketplaces. Afterward, from which metaverse platform the land will be purchased, it is necessary to carry out the prescribed procedures and transfer to a decentralized wallet that integrates with these sites, such as MetaMask. By opening an account in one of these exchanges, the digital wallet of the exchange site is loaded. For example, while the current coin on the Decentraland platform is MANA, it appears as SAND in The Sandbox. Each currency is listed on cryptocurrency exchanges. Firstly, it is necessary to have a valid cryptocurrency and digital wallet on the relevant platform. Several transactions are required to purchase parceled lands on Metaverse platforms. The land sold for 2.43 million dollars on the Decentraland platform, the virtual yacht sold for 650 thousand dollars on the Sandbox platform, the purchase of Üsküdar Municipality on the Metaverse, the Dutchman who sold his soul, the first tweet of Twiter CEO Jack Dorsey, which was sold for 2.9 million dollars, are surprising examples. While talking about selling and changing hands on a single copy of a digital product with NFT, we see that the sales of these digital products sometimes reach millions of dollars. In other words, NFT shows ownership of a product and provides its digital registration. ![]() NFTs, on the other hand, is essentially electronic document that allows digital products to be registered and sold. Digital assets such as artwork, images, and videos are the most well-known examples. The difference from digital currencies is that NFTs have a different and unique structure. However, NFTs, which are currency, can also be represented as digital asset that has value and can be collected. NFT, as a word, means Non-Fungible Token, that is, token (money) that cannot be changed. ![]() Therefore, instead of looking at the subject as a dystopian or fantasy world of an author, it is necessary to approach positively what science fiction will offer us in the future. Other companies such as The Sandbox, Decentraland, or Otherside also have their metaverses. Although Mark Zuckerberg is mentioned as the pioneer in metaverse investments, the concept of metaverse does not consist of a single platform or “Meta” company. Perhaps it would have never crossed his mind that technology giants would invest billions of dollars in the alternative digital world, referred to as the "metaverse" in Neal Stephenson's 1992 novel "Snow Crash". Users may think that they are chatting with their avatars, but can they feel like they are drinking coffee in a real environment? Are the two similar things? This can be possible in two ways for now This world we call avatar requires a digital twin and virtual reality glasses. ![]() Users are no longer in front of the screen, they can enter this world in person. The parts of this universe are virtual reality, the internet, and advanced technologies. Metaverse emerges as an "other universe" that invites the masses to live, interact, and trade in it.
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