Landindex, a thorough metaverse land information collector and evaluator, is now accessible on Apple and Android phones. This makes it possible for investors to monitor the metaverse land economy at any instance and from any location using their mobile devices. The application may be downloaded from both the App Store and Google Play.
Mert Eskinat, CEO of Landindex, stated “The metaverse is expanding at an incredible rate. The ability to monitor what’s going on in the market is essential for investors. You are able to monitor the price of property in the metaverse by using Landindex, just like you might monitor the price of stocks or commodities. We are keeping tabs on all of the main metaverses due to the fact that there are several of them. This is probably the only method that properly monitors your holdings as well as the behavior of the market as a whole.”
Landindex is a tool that tracks the price of property on Decentraland, The Sandbox, Otherside, NFT Worlds, Somnium Space, Wilder World, Cryptovoxels, and Axie. This database is straightforward yet quite effective. The application monitors fluctuations across time, as well as the most recent prices, the cheapest prices, and the averages. It also displays the total number of properties that have been put up for sale.
The market capitalization is an essential characteristic since it enables prospective owners to get an idea of how competitive the market is. Consequently, investors are better able to steer clear of platforms that experience high inflationary pressure or that are quickly getting diluted that they are no longer viable.
Eskinat said “The ability to accurately gauge the market is essential to making any kind of investment that is lucrative. The thorough and longitudinal data that we have come to anticipate from stock analysis is provided by Landindex in addition to other data not provided by stock analytics. We developed Landindex to monitor developments in a real-time manner in order to ensure that investors are not taken aback in the event that there is a major rise or fall in the price of their assets.”
The article “Plots of Land in the Virtual Real Estate Market May Seem Like an Odd Investment” provided by Motley Fool discusses why investing in land in the metaverse is a good idea for people who are thinking about doing so. The reality is that, in several respects, they are extremely comparable to property investment that exists in the actual world. To begin, there are only so many pieces of digital property available, just as there are physical properties in the actual world. Secondly, every piece of real estate in the metaverse is entirely one of a kind and is represented by its own non-fungible token (NFT).”
Because it allows users to identify bigger market patterns, Landindex is an excellent tool for monitoring an investment and determining the best times to purchase and sell real estate.
Landindex offers a thorough summary of land prices, ownership, and investment opportunities across a variety of Metaverses, such as Decentraland, The Sandbox, NFT World, Otherside, and a great many more prominent virtual worlds.