There are two ways you can invest in digital real estate: You can eitherbuild a website of your own from scratch or buy an established website. Each strategy comes with its own benefits and downsides.
People also ask
How does digital real estate investing work?
Digital real estate investing works by purchasing a non-fungible token (NFT) that attached to a virtual plot of land. If you are not familiar, NFTs are cryptographic tokens that represent a unique product.
Is building websites a good digital real estate investment?
Next to buying domains, building websites is the most basic type of digital real estate investment. If you can get lots of website traffic, then you become very attractive to other investors and venture capitalists.
How much does it cost to start a digital real estate business?
The cost to get started with digital real estate can be minimal, making it a viable option for people of all ages and income levels. You can purchase a domain name for less than $10 annually or build a website for less than $100 with hosting. If you don’t have a desire to build a website, you could start a YouTube channel for free.
What are some of the best examples of digital real estate?
For example, Apple.com is a domain which is definitely an impressive piece of digital real estate, since it the virtual home of the blue-chip electronics and multimedia company (which produces electronic and technological goods to people around the entire planet, including the iPhone).