Zaragoza is the first city in Spain to publish NFTs, a new form of digital ownership that is gaining traction around the world.
NFTs are a new form of digital property that allows users to own digital content just as they would own a physical object. They’re also an investment – the value of the NFT increases the more people use it and get involved in the community.
Zaragoza City Council recently became the first official body in Spain to introduce NFTs. During the Fiestas del Pilar, visitors to their website were able to attract NFTs from Cabezudos de la Pilara, El Berrugón and La Forana, three cultural events taking place in Zaragoza.
Not only are NFTs fun to collect, but they also provide significant benefits for governments in terms of working with their citizens. These digital objects can be used in public spaces to connect with citizens and encourage interaction between the government and its citizens. They can be used by citizens to make a positive contribution to the community.
Buy virtual land
Additionally, in Zaragoza, you can purchase virtual land NFTs operated by Next Earth.
Next Earth is a virtual replica of the earth that allows you to purchase NFTs, which are digitally simulated assets of places. With BNB, the native token of the Binance Smart Chain, you can purchase virtual real estate, such as a plot of land in the city of Zaragoza.
It’s important to note that these virtual plots on Next Earth aren’t just reserved for Zaragoza – anyone can buy a piece of land in any city they want.
And now those who have followed this space will know what it means to have “bought” a house or property. But what about those who weren’t paying attention?
Get your feet wet with Virtual Real Estate
Next Earth is the first blockchain-based platform that allows you to buy NFTs (non-fungible tokens), which are digitally simulated assets of locations.
The blockchain ensures that each property is unique and cannot be replicated. It also enables trade between users looking to buy or sell virtual real estate – in fact, this is how Next Earth’s revenue is generated. In addition, 10% of every purchase goes to environmental projects like The Ocean Cleanup, Kiss the Ground, and Amazon Watch.
Virtual real estate is a great way to get your feet wet in the NFT space as you can see what it feels like to own something before buying a collectible or actual asset like a home. You will understand the pros and cons of owning an NFT before making a purchase – be it real estate, artwork, digital movies, or anything else.
Let’s look at some of the benefits of owning virtual land.
Advantages of virtual real estate
Virtual real estate enables you to experience ownership without having to invest in physical property. Many people don’t have enough money to buy real estate, but they have the money to spend on virtual real estate. This gives them the opportunity to buy into the market with just their cryptocurrency.
In addition, virtual real estate provides an easy way for people who are new to cryptocurrencies or blockchain technology to familiarize themselves with this exciting area. If you’ve always wanted to learn more about cryptocurrency but didn’t know where or how to start, buying virtual land on Next Earth is a great place to start!
After all, virtual real estate offers users a tangible representation of their favorite city that they can use and even trade like traditional currency. You may not be able to visit Zaragoza in person any time soon (unless you are very lucky), but you can go online and “see” it by living there virtually on Next Earth.
Zaragoza is a Spanish city best known for its public market, various museums and historical attractions. Would you like to get into real estate? Plots in Zaragoza are waiting. Or maybe you’d rather buy a plot of land in France. All of these are now possible with the advent of NFTs, and you don’t have to step away from your computer screen to make them a reality.
Photo by Marcelo Rivas on Unsplash