Zaragoza is the First Spanish City to Release NFTs
24 Octubre 2021 - 05:00AM
NEWSBTC
Zaragoza is the first city in Spain to release NFTs, a new form of
digital property that has been gaining traction around the world.
NFTs are a new form of digital property that allows users to own a
piece of digital content, just as they would own a physical object.
They’re also an investment—the value of the NFT increases as more
people use it and buy into the community. The Zaragoza City Council
recently became the first official body in Spain to implement NFTs.
During the Fiestas del Pilar, visitors to their site were been able
to win NFTs from Cabezudos de la Pilara, El Berrugón, and La
Forana, three cultural events that take place in Zaragoza. NFTs are
not only fun to collect, but also offer significant benefits to
governments in terms of engagement with their citizens. These
digital objects can be used in public spaces to engage with
citizens and promote interaction between the government and its
citizens. They can be used by citizens to contribute to the
community in positive ways. Buy Virtual Land Not only that,
but you can buy virtual land NFTs in Zaragoza, powered by Next
Earth. Next Earth is a virtual replica of Earth that lets you buy
NFTs that are digitally simulated assets of places. You can
purchase virtual real estate, such as a plot of land in the city of
Zaragoza, with BNB, the Binance Smart Chain native token. It’s
important to note that these virtual properties on Next Earth
aren’t reserved for just Zaragoza—anyone can buy a piece of land in
any city they choose. And now, those who have been following this
space will know what it means to have “purchased” a house or a plot
of land. But what about those who haven’t been paying attention?
Get Your Feet Wet With Virtual Real Estate Next Earth is the first
blockchain-powered platform that lets you buy NFTs (non-fungible
tokens) that are digitally simulated assets of places. The
blockchain ensures that each property is unique and cannot be
replicated. It also allows for trading among users who want to buy
or sell virtual properties—in fact, it’s actually how Next Earth’s
revenue is generated. Additionally, 10% of each purchase goes to
environmental causes 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, since you can see how it feels to own
something before buying a collectible or an actual asset such as a
house. You’ll understand the benefits and drawbacks of owning an
NFT before making any type of purchase—whether it’s real estate,
artwork, digital movies, or anything else. Let’s look at some of
the benefits of owning virtual land. Benefits of Virtual Real
Estate Virtual real estate allows you to experience ownership
without needing to invest in any physical property. Many people
don’t have enough money to buy properties but do have the money for
virtual real estate. This gives them an opportunity to buy into the
market with only their cryptocurrency. Further, virtual real estate
provides an easy way for people who are new to cryptocurrencies or
blockchain technology to get familiarized with this exciting space.
If you’ve ever 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! Finally, virtual real estate gives users a
tangible representation of their favorite city that they can use
and even trade like traditional currency. You might not be able to
visit Zaragoza in person anytime soon (unless you’re very lucky),
but you can go online and “visit” it by living there virtually on
Next Earth. Zaragoza is a Spanish city most known for its public
market, various museums, and historical landmarks. Want to jump
into real estate? Zaragoza plots are awaiting. Or perhaps you’d
rather buy a plot in France. All of these are now possibilities
with the advent of NFTs, and you won’t have to move away from your
computer screen to make them happen. Photo by Marcelo Rivas
on Unsplash
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