There is a huge demand for digital land in an already very profitable market, as shown by sales of non-financial tokens (NFT) and data from Metaverse last week.

Data from the industry calculation platform shows that NFT sales last week amounted to more than 300 million dollars. Of that number, almost a quarter have fallen to digital soil in the sandbox metaverse.

Over the past week, the top 10 sales of the NFT meta-verse in the top five groups have been dedicated to the digital land in the game.

Over the past week, Sandbox has sold 4,433 assets for a total of $ 70.5 million, making it the most money-making metaverse group.

While Decentraland came in second overall in terms of total trading volume, the 10 most expensive NFT sales in the metaverse last week, from 225,000 MANA ($ 758,250) to 50,000 MANA ($ 220,000), were in a virtual world based on Ethereum. Over the past week, Decentraland has sold $ 399 million worth of $ 6.6 million.

Meanwhile, CryptoVoxels has sold around $ 650K on 81 assets in the last seven days; Somnium Space sells for $ 492,000 for 40 assets; and SuperWorld sold $ 227,600 for 506 assets – and all of their key deals were also for virtual land.

Metaverse is an immersive virtual reality online that uses blockchain and NFT technology to pay for and own goods online. For example, when you make a purchase in the game, you already own the item and can store, exchange or sell it.

More than 6,000 traders sold Metaverse land worth $ 106 million in the week ending Thursday, according to DappRadar. “There is no doubt that Metaverse will be the next big hit in the NFT area. With record sales and ever-increasing prices for NFTs, virtual worlds are the new staple in the crypto space,” DappRadar said in a blog post at the time.

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In June, the virtual real estate investment company Decentraland broke the record for the most expensive digital plot ever sold after spending $ 913,000 on 259 plots.

In the NFT market, Opensea, Sandbox and Dentraland have maintained their positions as the top two trading groups on the platform over the past week.

Source: CoinTelegraph