Virtual land was the location of a large number of NFT investments and metaverse investment over the last week.

NonFungible.com’s data show that over $300 million was spent by investors on NFTs during the week. Nearly a quarter of this amount was spent in The Sandbox metaverse.

The Sandbox, a popular decentralized metaverse project, saw its trading volume rise to over $70million from just 4,433 sales. This placed it in first place in terms of metaverse collections that brought in the highest cash.

Decentraland finished second for total volume traded. However, 10 of the most costly NFT metaverse transactions were made to its virtual universe. A 225,000 MANA (758,250) investment was required to buy an estate. In the seven-day period, $6.6 million was traded in Ethereum-based virtual realms from 399 assets.

CryptoVoxel was also on the list, trading at $650,000. Somnium Space traded $492,000, while SuperWorld made 227.600, from 506. Assets. Virtual land was the main focus of all trades.

Metaverse land has been gaining popularity among NFT investors. As reported by BTC PEERS, a collector paid about $450,000 for an estate adjacent to Snoop Dogg’s estate on The Sandbox on Thursday.

In June, Decentraland saw a record-breaking transaction by a virtual investment company in real estate. They paid $913,000 to purchase 259 parcels. This made it the most costly digital plot sold.

DappRadar wrote once about the virtual land demand.

Metaverse Land is undoubtedly the next major hit in NFT. Virtual worlds have become the top cryptocurrency commodity, with record-breaking sales and steadily rising NFT prices.

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