What Is Virtual Real Estate, How To Acquire Virtual Real Estate, The Benefits Of Owning Virtual Real Estate, And The Problems With Owning Traditional Real Estate Properties

This essay sheds light on what is virtual real estate, explicates how to acquire virtual real estate, demystifies the benefits of owning virtual real estate, and expounds upon the problems with owning traditional real estate properties. Virtual real estate can be thought of as intangible real estate that exists in virtual settings. People are not limited to only owning virtual real estate in video game fantasy worlds. Virtual real estate is not solely limited to being virtual houses nor virtual land in video games. Virtual real estate is also not limited to being virtual facilities nor virtual planets in video games. People can also own virtual real estate online by owning their own websites, social media channels, and blogs. Social media channels for instance provide content creators with virtual real estate that they can leverage for selling advertisements on and selling product placements on. Advertisers will buy product placements from content creators who their target market follows since they know that their product placements will be seen by their target market in contexts in which their product placements are featured in the content creator's videos on their social media channels. The social media channels of content creators can serve as desirable virtual real estate for advertisements and product placements to be featured on if the social media channels are popular and if their content offerings are heavily promoted by the content recommendation algorithm of the social media platforms that their content is hosted on. Virtual real estate is highly desirable for content creators, creatives, innovators, inventors, live streamers, and entrepreneurs since it allows their content and/or products to get exposure. Websites with a high volume of customer traffic for instance have valuable virtual real estate since they can allow entrepreneurs to not only earn more sales volume, sales revenue, and profits than they otherwise would if they had a low volume of customer traffic, but can also allow entrepreneurs to generate far more advertisement revenue than they otherwise would be able to if they had a low volume of customer traffic. A blog with a high volume of customer traffic for instance also can be deemed to be valuable virtual real estate since they can allow bloggers not only earn far more affiliate marketing revenue and advertisement revenue than they otherwise would if they had a low volume of customer traffic. Virtual real estate cannot only serve as a bastion for advertisements, but can also fulfill other purposes. Virtual real estate in fantasy world of video games can for instance be explored and adorned. Most virtual real estate can also be sold. People who are keen on owning virtual real estate are not limited to buying virtual land, virtual houses, virtual facilities, and virtual planets that are apart of fantasy video games. People can also buy websites in order to be able to acquire their own virtual real estate. Virtual real estate on websites for instance can be leveraged to help content creators to be able to fulfill their creative visions in contexts in which their websites feature their creative content offerings on them. Virtual real estate is multifunctional since it can be leveraged for many functions. If you for instance own virtual planets in a popular video game then you can lease out the land to tenants and charge tenants a rental fee to occupy the virtual land on your virtual planet with their shops. If you for instance own a virtual planet in a popular video game then you can also open up your own shops on the virtual planet that you own. By opening up shops on the virtual planet that you own, you render yourself able to sell your digital products to customers who visit your virtual planet to shop at. You can also set up museums on your virtual planet for visitors to visit. Virtual real estate can be explored remotely and is less prone to being devastated by natural disasters than tangible real

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