Digital Real Estate vs Virtual Real Estate

Have you made your $90 million yet?

REAL ESTATE NEWS — “Digital real estate” can include just about anything privately owned of value on the internet or on an electronic device. Web pages, websites, domain names and online content assets may be considered digital real estate. “Virtual real estate” is a kind of digital real estate that pertains most often to fictional graphical representations of land, landscapes, buildings or cityscapes on video games, the metaverse or on portions of the internet that provide some kind of simulation, digital twins of real-world real estate or fictional new worlds, parts of which can be purchased, owned and re-sold.

These newer kind of digital assets are getting more and more intertwined with the newest kinds of digital money, including blockchain cryptocurrencies like Bitcoin or NFT Non-Fungible Token smart contracts on the Ethereum blockchain, which are now hot, hot, hot! Virtual real estate can now often be purchased with blockchain cryptocurrencies, may be connected to the blockchain, and some of the coding may actually reside on a blockchain itself. Yes, the money of the future is very programmable, containing sophisticated self-executing agreements that can be self-contained little automated businesses and/or games. It’s already here today, being programmed by coders around the world using the latest programming languages, such as Solidity. Occasionally more profitable than physical real estate, some NFTs have sold for up to $90 million+.

More and more investors are getting in on the opportunities after learning that virtual real estate may sometimes have potential to rise in value much faster than traditional real estate investments. Some of the most popular virtual real estate websites and platforms include: Second Life, Next Earth, Earth2, Superworld, Sandbox, Roblox, Axie Infinity, Upland, Cryptovoxels, and Somnium Space. For those who are into arts and collectibles, NFT websites and platforms include Cryptokitties, OpenSea, Rarible and SuperRare. More NFT marketplaces can be found at CryptoPotato.

In 2005, the term “virtual real estate” was more widely searched, but today “digital real estate” has taken the lead, according to Google Trends.

For those who prefer to keep their feet grounded in traditional real estate, but who also appreciate the help and convenience of technology, a virtual tour is sometimes provided by home sellers so that the prospective buyer can see the interior in three dimensions, almost as if they were standing there, looking around in person. The Loft Blog walk-through tour videos have been providing a similar service that also includes the additional benefits of sound and natural motion walk-through of the floor plan.

As we mentioned, NFTs are today all the rage. NFT stands for Non-Fungible Token, which basically means that it’s a one-of-a-kind digital asset that belongs to you and only you. The most popular NFTs right now include artwork and music, but can also include videos and even tweets. Combining investment and art with a mind-boggling level of creativity, they’re taking over arts, collectibles, music, video — even mortgages. Entar® Real Estate and Investment Technologies (part of the Loft Blog / Corey Chambers real estate family) recently created our own in-house NFT based on the Entar Coin blockchain. We plan to announce, within a matter of weeks (perhaps just a few days), our first real estate NFT, a type of digital real estate. Remember that blockchain investments like Bitcoin have risen 8.9 million percent in 12 years. You won’t want to miss out on the Entar Real Estate NFT launch coming soon. Just like how the internet revolutionized communication, media and commerce, these new virtual realms and digital technologies are limitless. Anything is possible!

Create your own NFT. Fill out the online form:

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Physical and digital real estate begin the merge.

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

388 Cordova St, Pasadena, CA 91101

New Construction Modern Luxury Mid-Rise Condominiums For Sale

388 CORDOVA FOR SALE | FOR LEASE | SOLD | UNLISTED

Phase one of the new development is mostly sold out. Phase two is under construction and coming up for sale soon.

Modern is a profound way of seeing the world. Modern is a passion. Modern is you. Presenting 388 — a soaring new experience in intimate and innovative high-rise luxury. It’s modern done right. Discover the infinite genius of clean lines, superior finishes, and first-class amenities all set in the city of roses, Pasadena, California. Units range from around 1,000 sq ft to 4,800 sq ft.

Phase 2 under construction

THE RESIDENCES
388 Cordova offers 57 unique homes designed to welcome you with open living spaces
and inspire you with resort style amenities. Kitchens feature Caesarstone counter tops; Italian designed cabinetry and Grohe fixtures. Select units include Zephyr retractable cooktop hood and KitchenAid hood for island cooktop. Bathrooms boast Dagros porcelain turkish floor and wall tile; Caesarstone counter tops and Grohe fixtures. Unit living areas deliver 10’ Ceiling Heights in Living Areas; up to 11’ ceilings heights in select residences; recessed lighting; steel construction; double walled sound insulation; expansive windows; AT&T Fiber ultra high-speed internet – 1000/1000 to each unit and individual residence climate control and air flow.

Explore, Enjoy, Entertain at 388. Resort inspired amenities transcend city living expectations. Soak up the sun relaxing in the pool and spa, or under a gracious cabana. Entertain in the indoor / outdoor terrace great room leading to the pool deck. Finally, spend the evening under the stars around the sunset fire pit lounge. The perfect place to entertain. The 388 amenities deck shows off a pool deck with spa and cabana; outdoor kitchen & BBQ’s; outdoor dining & entertaining areas; fitness center with weights and cardio areas; designated covered parking; club room / business center; firepit; landscaped terrace; common area WiFi; electric car charging availability; attended front desk; elevator access; secured bike storage; secured storage room and secured package room. Explore, enjoy entertain at 388.

There may be some brand new three bedrooms left for sale, along a few penthouses and one 2 bedroom resale.

Get on the New Homes Interest List. Fill out the online form:

388 CORDOVA FOR SALE | FOR LEASE | SOLD | UNLISTED

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.