There is a huge demand for land in the metaverse, especially if that land happens to be an island.
Exclusible, a marketplace for luxury NFTs and metaverse real estate, has announced that its 25 private islands in The Sandbox metaverse have sold out.
The islands are considered some of the most prime real estate in the popular metaverse, sitting right next to one of the primary Sandbox LANDs.
As such, they commanded top dollar, and the final total figure came to about 910 ETH, or close to $2.8 million at the time of this writing.
The islands came in 4 different sizes, some having options for features like a helipad and private harbor.
Social investing platform Etoro was revealed as one of the buyers, with the rest being entrepreneurs, models and even professional athletes. One rule for anyone interested in buying was a social media following of at least 1 million.
According to Exclusible CEO Thibault Launay, the islands sold out in just two weeks.
“Selling out our stock of islands in only two weeks demonstrates the high demand for exclusive metaverse assets and experiences. We strive to continue our mission in bringing unique experiences to the metaverse,” he said.
The Sandbox is one of the leading metaverses, vying for the top spot with Decentraland.
It has partnered with some high profile individuals and companies, among them Warner Music, which is set to build a musical theme park there.
Exclusible on the other hand is building a reputation of being the biggest luxury realtor for the metaverse. Just last month, they announced that they had sold all 150 luxury villas in the Exclusible Luxury District, also in The Sandbox.
They are not however exclusive to The Sandbox, and have announced plans to conduct similar deals in other metaverses, including its chief rival, Decentraland.