Etherland Overview
The Etherland project is unique. It is a blockchain-based platform that is trying to combine blockchain technology and real-world locations. It has immense application for real-world use cases as a newly emerging system for real estate. All of it is networked in the modern environment.
Essentially, Etherland is trying to create an online real estate database that can act as both a storage and a proof of ownership for real-world locations. Users will be able to create NFTs of their houses or places they love and attach all the relevant information about that location to the NFT.
History
The Etherland NFT project began sometime in 2021, with the goal of reflecting real-world locations with unique, immutable, digital counterparts. By conceptualizing a wiki-like encyclopedia, Etherland aims to create a database of real-world locations, each of which will have media, legal documents, and its own NFT to represent it.
As a proof of concept, Etherland minted five NFTs that represent some of the world’s most iconic locations. The Big Ben in the United Kingdoms, The Eiffel Tower in Paris, The Statue of Liberty in New York City, The Leaning Tower of Pisa in Italy, and the Palace of Versailles, which is also located in France, were the genesis of NFTs for Etherland.
Metaverse Features
Estatepedia
The Estatepedia is Etherland’s vision of a real-estate database. It will display social media, real estate data, visuals, cadastral maps, blockchain IDs, and NFTs for specific places in the real world. The Estatepedia will also permit users to produce, keep, and administer all information for each specific NFT that users own.
This database will use IPFS (InterPlanetary File System) and the Ethereum blockchain together, as a decentralized way of storage. On each real estate profile page, verified users that own the underlying LAND ID token can create, upload, share, and store real estate data.
Marketplace
Etherland does not have its own dedicated market page. Instead, Etherland employ’s the use of the popular third-party NFT marketplace, OpenSea. The Etherland collection in OpenSea is slowly getting saturated by more and more popular places found all across the globe. Here, you’ll find NFTs for locations such as The Colosseum, the ancient city of Macchu Picchu, and even the Pyramids of Giza.
How to Earn
The earning mechanics for Etherland are simple. All users need to do is create NFT assets that represent real-world locations, and then sell them for profit on the OpenSea marketplace.
How to Participate
Users who want to interact with the Etherland NFT project simply need to download the app. The app has been available to download since 2021 and is available on the Google Playstore. An iOS version of the app will be released at a later, undisclosed date.