Top 3 NFT land projects to explore in June

Highlights:

• Some analysts believe that the NFTs are here to stay, and their popularity could grow rapidly in future.
• The NFT land projects were built for content creators, individuals, and business organizations looking for a business opportunity.
• Cryptocurrencies and NFTs have grown immensely popular and are becoming mainstream.

The non-fungible tokens (NFTs) have existed since at least 2014. However, the demand for NFTs exploded in 2021 after celebrities started auctioning digital collectables.

Some analysts believe that the NFTs are here to stay, and their popularity could grow rapidly in future as it has almost become mainstream among millennials.

Now, NFT games and even virtual properties are gaining momentum due to the rising popularity of metaverse. We have got you covered if you are keen to explore NFT real estate projects.

Let's look at the top three NFT land projects:

1. Decentraland

It is an innovative three-dimensional virtual world browser-based platform, and people can buy virtual plots of land as NFTs through the native token known as MANA.

In 2020, Decentraland was launched for users, and it is reportedly overseen by the Decentraland Foundation, a nonprofit organization. Before that, Decentraland was established as a project in 2017 after an initial coin offering (ICO).

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Since its launch to the public, Decentraland has attracted many people, and users have created a variety of experiences since then.

The NFT land project was built for content creators, individuals, and business organizations looking for a business opportunity, a source of entertainment, and a new artistic medium.

2. Silks

It is reportedly the first blockchain-enabled metaverse which is based on horse racing. Silks feature a play-to-earn game, and users can earn virtual currencies to contribute to the game ecosystem and develop the gameplay. 

Notably, Silks users can participate in the play-to-earn game and access features like trading and breeding horses.

Silks enable its users to acquire, collect, and trade digital tokens representing racehorses in the actual world. Also, they can cultivate land and horse farms through the acquisition of NFT plots.

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3. Meta Mansions

Several NFT land projects are available for the users, and Meta Mansions is among them. It is not a very old project and allows users to create a player's passive income stream through the ownership of virtual lands.

Meta Mansions comprises 8,888 NFTs, and they represent virtual mansions within the KEYS metaverse, an Ethereum blockchain-based virtual world.

As per the project, Meta Mansions will allow users to rent their properties to get some rental income. In addition, properties inside the KEYS metaverse will have a customization option, and users can add vehicles, art, furniture, and other items to them.

Also Read: What is Balancer (BAL) crypto and why is it rising?

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