Virtual Metaverse Plots Outpace Top NFT Collection Sales, Play-to-Earn Tokens Surged in Value This Year

That’s about $10 million more than the sales produced by the Bored Ape Yacht Club NFT collection which saw $59 million. Moreover, The Sandbox sales are much larger than the Cryptopunks NFT collection sales which captured $17 million last week. The virtual reality platform powered by the Ethereum blockchain, Decentraland has seen the sixth largest number of weekly sales with $6.6 million last week.

How to Monetize Your Virtual Land

MANA has misplaced 32% this week as nicely however has gained 3,693% YTD in USD worth. Other high P2E tokens when it comes to market cap dimension embrace gala (GALA), wax (WAXP), illuvium (ILV), and mobox (MBOX). Finally, once the cash is received from the customer, accounting or treasury records the credit to cash and debits the balance in accounts receivable.

NFT Worlds: A Blockchain Twist on Minecraft

Great salespeople are honest with consumers and if you are trying to collect overdue payments from your customers, you should be honest as well. Never tell them anything that is not true about the money they owe you and do not add interest to the invoice unless clearly stated in the original agreement. If work was to be performed and somehow it was not, own up to it before seeking payment again. Although many companies follow different internal processes and use more electronic-based methods, the following flowchart is a typical business process in the sales and collection cycle. Additionally, there are other classes of transactions in the sales and collection cycle that include sales returns and allowances , write-offs of uncollectible receivables , and bad debt expenses .

In 2022, approximately $3 billion was spent on virtual lands, according to Blockchain Gamer. The concept of the metaverse, a collective virtual shared space, has captured the imagination of tech enthusiasts, investors, and creative minds alike. In 2025, the metaverse is no longer a distant vision; it’s becoming a tangible reality. As the boundaries between the physical and digital worlds blur, various platforms are emerging as key players in shaping this interconnected virtual landscape. In this blog, we’ll explore the top 10 metaverse platforms that are poised to make waves in 2025 and beyond. In the past 7 days, the virtual land sold in Metaverse has exceeded a large number of non-fungible token (NFT) sales.

• The second largest P2E token is Sandbox (SAND), with a market valuation of US$4.6 billion.
• In 2021, a single plot near Snoop Dogg’s estate sold for $450,000 just to be his virtual neighbour.
• You should also be aware that there is more than one Metaverse since multiple firms are developing several variants, each with its unique set of network protocols.
• The metaverse demands robust internet infrastructure for seamless experiences, posing challenges in regions with limited connectivity.
• Gemini exchange founders Tyler and Cameron Winklevoss said they had purchased a plot of virtual land and raised $400 million in a funding round recently which they will use to help build their own metaverse.
• Instead, ownership comes in the form of an NFT, a digital certificate that proves the virtual land is yours.

The biggest sales on Decentraland were land plots and estates worth between $289K to $758K. While The Sandbox outpaced Decentraland sales, land plots sold for much lower values as land exchanged hands this past week for $44K to $68K per plot. However, virtual land adjacent to Snoop Dogg’s Sandbox estate recently sold for $450K in ethereum. The average USD price for The Sandbox metaverse products during the last week was $15K across more than 4,400 sales. This surge is fueled by several factors, including the soaring popularity of virtual reality and online gaming.

• Each plot, sized at 16×16 meters, is an NFT on the Ethereum blockchain, giving owners full control over what they do with it.
• Customers may visit art galleries, attend events, and travel to exotic locations in these virtual worlds by using an online customizable avatar.
• The greatest gross sales on Decentraland had been land plots and estates value between $289K to $758K.
• Platforms like SoluLab offer Metaverse development services, allowing you to bring your Metaverse concept to life.

You must first create a wallet that will allow you to access the crypto tokens in your possession. However, it’s best to go for an Ethereum wallet as most NFT land sales accept ETH. When buying goods from a shop, customers will have to pay using real-world cash in the form of cryptocurrencies.

Sales stemming from The Sandbox metaverse noticed greater than $70 million in gross sales over the past seven days. Remember that salespeople will not perform credit checks because their position as a salesperson may influence their bias when making credit decisions on customers. In addition to metaverse and P2E tokens gathering massive value during the last year, in recent times land in the metaverse has been a hot commodity.

GALA

Not to mention how easy it is to buy virtual land as it does not require any paper and does not involve paying taxes. You don’t even need to maintain it, yet you can rent it out just as you would rent out physical land. For occasion, out of the $2.3 trillion crypto economic system, $25 billion of it belongs to play-to-earn (P2E) digital property. Axie infinity (AXS) is the biggest P2E token when it comes to market capitalization with a valuation of round $6.5 billion.

Sell Ad Space

While you could obviously place billboards on your land, the possibilities go further. For example, the Japanese toy giant Hasbro partnered with Roblox to bring nerf guns to the Metaverse. Even the big fashion labels like Gucci created an entirely Gucci-themed world for their customers, where everything can be bought as an NFT.

How to Buy Virtual Land

That’s about $10 million greater than the gross sales produced by the Bored Ape Yacht Club (BAYC) NFT assortment which noticed $59 million. Moreover, The Sandbox gross sales are a lot bigger than the Cryptopunks NFT assortment gross sales which captured $17 million final week. The digital actuality platform powered by the Ethereum blockchain, Decentraland has seen the sixth largest variety of weekly gross sales with $6.6 million final week.

AI Services

This approach transforms gamers into stakeholders, as their participation translates into tangible rewards. By intertwining blockchain and gaming, Bloktopia paints a future where virtual engagement translates into economic empowerment, exemplifying the multifaceted potential of Metaverse platforms. Star Atlas represents an astronomical leap among top Metaverse platforms, pioneering the integration of space exploration, gaming, and NFTs. By offering a universe teeming with interactive experiences, it captures the imagination of gamers and traders alike. This innovative fusion of elements showcases how Metaverse development services can reimagine narratives, where players can explore celestial realms and embark on unprecedented journeys.

And credit sales revenue, and debit cash and credit accounts receivable, respectively. The largest sales on Decentraland are plots and estates valued between US$289,000 and US$758,000. Last week, the average dollar price of The Sandbox metaverse product was $15,000, and the sales volume exceeded 4,400. In terms of P2E assets, the third largest virtual metaverse plots outpace top nft collection sales play market valuation is decentraland (MANA), with a market value of approximately US$4.4 billion. MANA also fell by 32% this week, but in dollar terms, it has risen by 3,693% year-to-date. Other P2E tokens with the highest market value include Gala (GALA), wax (WAXP), illuvium (ILV) and mobox (MBOX).

In addition to Metaverse and P2E tokens that have collected a lot of value last year, land in Metaverse has been a hot commodity these days. Index Data from nonfungible.com shows that the NFT market history of the past 7 days shows that the sandbox has always been the biggest competitor. In the past 7 days, sales from Sandbox Metaverse exceeded 70 million U.S. dollars. Platforms like SoluLab offer Metaverse development services, allowing you to bring your Metaverse concept to life. Our team of skilled developers can assist in creating immersive environments, integrating blockchain functionalities, and more. Gala is a standout among Metaverse platforms that envision a decentralized gaming ecosystem.

The Sandbox, an online gaming world that allows users to own plots of land, has dominated activity. Between November 22 to 28, the platform attracted $86.56 million in unique non-fungible token land sales that are tied to the blockchain, DappRadar said. There are plenty of reasons why regular folks, as well as corporations, are getting on board with this new fad. The Metaverse has revolutionized the way people attend online events, and, in the process, has also created opportunities for virtual land owners to make extra revenue. For instance, people can now rent out their digital property or sell it to interested buyers and make huge profits without even leaving their living room.

The sheer excitement of playing long games of Monopoly, rolling the dice, snatching up Boardwalk and Park Place. How can we forget the thrill of collecting rent from friends, even if it was just colourful paper money? Making a collection visible to the Online Store sales channel doesn’t automatically link the collection to your store’s navigation. An accounts receivable representative should attempt to contact the client by phone to remind him that his account is severely past due.

AI-powered chatbots offer tailored assistance, while ML algorithms analyze user preferences for more captivating content. Businesses can set up virtual stores on the land that they own in the Metaverse, and use a combination of AR, VR, and 3D technology to give users a comprehensive shopping experience. This is already being done by many reputable brands with their stores on metaverses, namely brands like Mattel, Oculus, and more. Follow the steps mentioned below to get the payment process started for the virtual land plot you’ve chosen. To buy or even bid on the land, you’ll need Ether (ETH) or a metaverse-specific coin like SAND or MANA in your wallet.

As always, a little bit of prevention is worth a whole lot of time and effort trying to fix a bad situation. In terms of the completeness assertion, shipping documents are typically sequentially pre-numbered so that any duplicate transaction or a missing transaction can be properly accounted for. Whether the sales transaction actually occurred usually involves backward testing.