Virtual Real Estate in Cryptise City

Real Estate is one of the most important asset classes known to man, and it’s no different in the Cryptise City metaverse!

It can be argued that Cryptise City land plots offer just as much utility as your average physical piece of land. These pieces of virtual real estate are designed for those who desire decentralization, freedom, and true ownership - key tenets of the burgeoning web 3!

If you’d a place to live, work, build, play, earn an income or combination of all, there’s likely a piece of virtual land waiting to enable your needs. Let’s take a closer look at what land ownership in Cryptise City entails.

Types of virtual land in Cryptise City

There are 800 plots of virtual land available in Cryptise City. They are broadly divided into:

Regular plots
These are the most basic kind, intended for purchase, rent and a plethora of uses. They can be purchased as empty plots or well developed. However, installation of specialized equipment or commercial real estate is not allowed here.

Special Plots
‍Special plots are intended for the construction of commercial real estate such as company premises, restaurants, boutiques, improvised stages, remote offices, exhibition halls, advertising stands, and much more. They are reserved for companies, brands, or those who want to purchase for commercial purposes. Residential use is forbidden on these plots.

Universal plots
‍These plots combine the utility of a special or regular plot. They’re designed for users who have not decided on the intended use of the virtual land, and those with flexible needs. Universal plots enable you to place both commercial and residential real estate on them, as well as some limited equipment and modules.

Eco Plots
These are a separate type of site that are developed jointly with a partner company and are intended for cryptocurrency mining. They have real mining equipment powered by renewable energy sources and are provided with computing power. Asides environmentally friendly mining, these plots contain some space for additional modules and buildings.

Features of Cryptise City land

One look at the kinds of land above hints at the versatility of our virtual land. Here are some key features you should know:

They are minted as non-fungible tokens (NFTs) using the ERC -721 standard (ERC -1155) on the polygon network.
The owners of these tokens will be able to freely sell, transfer, or dispose them as they please.
A landowner can choose what content to place on their lands, depending on their type. This can range from static buildings and 3D content to dynamic games, quests or specialized showrooms.
Each user will be able to add value to the land by increasing its area or placing unique content on it,
Content/assets on the land can be monetized through sales, rentals, or profits from third-party advertising.

Why you should own land in Cryptise

Being a landowner in the first metaverse of its kind has the following perks:

Unlimited access within the metaverse , including special restricted buildings, private clubs, casinos, markets, and more.
Owners receive additional benefits in the form of additional tasks in quests. Once completed, you can get coins or access to paid games within the metaverse .
Host and monetize your content using all the benefits of web 3.0.
Take part in voting within your area through the DAO and decide the future fate of its development.
Profit from special district buildings and receive a share of Cryptise City's income.
Earn passive income via rent.

As you can see, there’s a lot of value on offer in this asset class. Asides becoming a part of our paradise where we place human interests above all, you will enjoy numerous perks that only keep increasing with time.

If you rightly want a piece of Cryptise City for yourself, there’s an upcoming land sale to enable you to do just that! Sector A of Cryptise City is set to go on sale in the coming winter. This is a part of Cryptise that’ll grant you access to most of the land types and perks available in this metaverse.

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