From the world we have seen so far, I think two things are most important in life:
- Love
- Money
This world runs on these two things. That is why people crave love and pursue money. True love happens only once, so once love is found, people start accumulating money. In the last days of their life, they pass the money on to the next generation. Some donate, and very few consume it for themselves.
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If we look at the past history first, this is how it has been until now. Our forefathers accumulated wealth and created estates. Some bought land, some bought houses, some bought gold, and some bought company shares. Until now, the practice of collecting estates has been ongoing in a similar manner.
But times have changed now. Buying and holding real estate is becoming increasingly difficult. So, there is a new way people are building real estate, and that is digital real estate.
What is Digital Real Estate?
Digital real estate is virtual things that you cannot touch but have value in the market. E.g. Website, blog, e-commerce store, and domain name.
Every piece of digital real estate is priced at a fixed rate. The following video will help you to learn about digital real estate.
Digital Real Estate Meaning
Digital real estate allows you to claim your territory from anywhere in the world, requiring only a strong internet connection.
Managing a digital estate is as straightforward as understanding its meaning. In today’s fast-paced era, investors are increasingly prioritizing digital real estate over physical properties, actively seeking opportunities in this space.
Modern investors believe in allocating their funds to sought-after domain names, various applications, and high-traffic websites.
Digital real estate definition
Any property on the Internet that you can control and monetize is called digital real estate.
A person who invests money in this type of estate is called a digital real estate investor.
Digital Real Estate Investing
Now, the question is how to invest in such a property?
There are various ways to invest in digital assets. For instance, you can purchase a domain name and sell it online after a few days. The buyer pays you, and you transfer the domain name to them.
You can find information on how to transfer domain to Godaddy.
Below are some of the most expensive domains sold in 2022:
- NFTs.com – $15 million
- Connect.com – $10 million
- Gems.com – $1.5 million
- Unlock.com – $1.23 million
- Stable.com – $1.01 million
Observing this, you must have realized that the value of digital real estate can exceed your expectations.
If you choose not to sell the domain name, you can create your own website on it. With the assistance of a website, you can offer people the information they seek. As your website gains popularity, you can advertise and sell products and services on it.