2021 BIZ: Buying and selling land in the metaverse. With and without NFTs. If there is a bubble, how do you manage it?

Buying and selling land in the metaverse.  

With and without NFTs.  

If there is a bubble, how do you manage it?

Get in before the fast rise.  Get out before the pop.  If you can't do that, don't get in. 

• Watch on YouTube
• LSE law professor on NFT craze: 'This is a huge bubble'
• Economic bubble
• 5 Important Things To Do Before the Market Bubble Bursts
• Footprint analytics
• Where To Buy Land and Houses + Set up! | Second Life

Owning digital land

• A common theme in selling land:  "They're not making any more of it."
• That does not apply to digital land. 
• More land just takes more servers and more digital memory.
• And they are making more of it when they have more buyers.
• Virtual land only exists on a server.
• Ownership is based on an agreement between you and the company running the server.
• That agreement may be included in a NFT or in the terms of service (TOS).
• In either case, read carefully.  There may be rules you have to follow.
• Violating the rules might get you banned from the place.
• Could you go to court?  Maybe.  
• Sometimes the TOS says that disputes are to be settled by arbitration,

Land value

• Land value (Investopedia)
• What can add value to a specific piece of digital land is traffic,
• the same thing that adds value to web sites on the flat web.
• A famous person as owner can generate a lot of traffic. 
• That would cause a rise in the value of nearby land.  
• The first to know can make a lot of money on this knowledge.
• But you won't be the first to know.
• The famous person and friends will know first.
• They will buy all the land they expect to appreciate.  

The opensource metaverse

• OpenSimulator is a special case.  It is open source.  
• That means you can download a free copy of the server software.
• You can run that copy on your own computer or on your own rented server.
• You can also make a transportable copy (OAR) of land you own on most grids.
• You can sell that copy to others and run it on your own machine.
• That is pretty much like owning your land.

Easy access meetings in the metaverse

• Fridays 3 pm eastern (New York) 
• At the Web Show, a video set in the metaverse 
• Go there with this url: https://nonprofitvirtualworld.org/loc... 
• A developer meeting is held there every other week: 
• To find out which week, follow CybaLOUNGE on Twitter: 
• https://twitter.com/cybaLOUNGE
• 3DWebWorldz: Meetings alternate with the Web Show
• Welcome Center.  https://3dwebworldz.com/
• I am usually available weekdays at 1 pm New York time 
• In these 2 places:
• Welcome Center.  https://3dwebworldz.com/
• https://nonprofitvirtualworld.org/location.html?locationid=800000002&dl=true

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