Home Finance News Virtual Land Plots Decentraland Selling for Millions! MANA Mind Tricks and Compensation Psychology

Virtual Land Plots Decentraland Selling for Millions! MANA Mind Tricks and Compensation Psychology

Decentraland

Can you imagine investors spending real money buying land in a new city on the internet to build their lives in virtual land?

A news reads like:  A virtual plot of real estate situated within the Ethereum-based open-world game, Decentraland, has sold for more than $913,000 — valuing the intangible property on par with the average price of a real world house in Brooklyn, New York.

And, an average mortgagee is already gasping for air to stay alive after reading the news.

A typical investor is like:  “Today I paid $5000 and bought 3500 MANA coin. Thanks to the MANA, I want to retire in 2- 3 years. Now it is $1.40.”

What does it mean? Live on the computer? Live in a world like gaming? Metaverse? And, can you believe that people are selling and buying plots in the Decentraland for money? Literally millions?

Buyers can build anything they want on their plots in Decentraland. Buyers like real-time real estate promoters buy a piece of land in the gaming world, develop the plot and sell it!

Seller example:  NFT game creator flips Axie Infinity virtual land for 9,200% gain in one year

With all the altcoins out there, if you think this will not get real-high on people’s list, some people love games, so who knows.

 

Reality:  “New Decentraland record -> $215,000 paid for a 126 land parcel estate (via $MANA)”

 

Who is going to buy all these unreal-real estates?  Did you know there are officially believers of such latest developments of buying and developing land in the virtual land paying even millions for it? Yes!

Paying millions to build homes and develop property using grand graphic technology! But will Decentraland be an online utopia or a cyber slum? What more can it be?  It is literally a graphical representation of an imagined place or state of things where everything is perfect!

Perfect law, government, social condition, and all of which are impractical in the real-time world for social development are made possible in Decentraland, and people are willing to pay for it! An Imaginary remote place.

Religions are selling place in heaven! We have all been sold to theories of the kingdom of heaven, and we do it all to reach there.  Reach the place whose exact postal address or nautical miles are not clear!

“These types of games have come a long time and time again and been completely overshadowed by free-to-play alternatives every time. It could be a fine money maker, sure, played only by those wanting to exploit it for that reason alone, but for this guy to think it’s going to be the next Facebook.  Delusional.”

Decentraland is cashing out the “concept of mind tricking” long existent in religion! Sedation!

Sedation is the act of administering a sedative drug to produce a state of calm or sleep. Here the sedative is ownership of land in a virtual world!

Compensation psychology:  “Psychological strategy which allows people to disguise inadequacies, frustrations, stresses, or urges by directing energy toward excelling or achieving in other areas.”

Those who are building millions in virtual real estate are probably overcompensating for something – A kind of unconscious compensation behavior!

Statements like these are everywhere these days:  “The land cost 1,295,000 MANA, which was worth $913,228.2 at the time of sale.”

So, people who buy the land know that they will never be there physically, but still they invest, buy plots, develop the property, buy and sell value.  This gives a “Rich Feeling.” The Narcissistic self-esteem gets powered up with animations! Wow, what a way to make money! Can you believe, this is already a culture!

Use cases for Decentraland:  Use cases for Decentraland are 3D design, education, and virtual tourism. Digital collectibles are another area. In the same way, users will create and share digital assets on platforms like Enjin, Decentraland offers similar opportunities in their virtual world.

Decentraland started as a simple, pixelated grid that allocates pixels to users using a proof-of-work algorithm.

 

 

 

 

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Steven Anderson

Steven is an explorer by heart – both in the physical and the digital realm. A traveler, Steven continues to visit new places throughout the year in the physical world, while in the digital realm has been instrumental in a number of Kickstarter projects. Technology attracts Steven and through his business acumen has gained financial profits as well as fame in his business niche. Send a tip to: 0x200294f120Cd883DE8f565a5D0C9a1EE4FB1b4E9

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