 Welcome to Jalassette News. Today what I want to talk to you about is not the news I want to talk to you about the future and in general I want to talk to you about buying virtual land on this decentralized game called the sandbox and I'm going to talk to you about some of the most common questions I get and then we're going to go over some things like how to buy a land. So the first thing we're talking about is the sandbox versus like say the Sims or like Second Life what do I put on my land after I buy it. The sandbox marketplace versus the open sea marketplace why I prefer open sea. Also taking a look at the buying land criteria what I'm looking at right now to actually buy the land because it's a little bit different than actual physical land and physical property and lastly we're going to talk about let's go shopping where we're going to actually purchase a plot of land in the sandbox. So first things first what's the difference between the sandbox and the Sims and everything else well the sandbox first of all it's got some pretty good partners we take a look at it here I mean we've got everybody from Snoop Dogg, The Walking Dead, South China Morning Post I guess okay you got Rollercoaster Tycoonhouse everything that you think is like okay that's a pretty good place people might want to go there and hang out. So if I look at it to me it looks like it looks like Roblox or it looks like Minecraft you know very pixelated and whatnot. So if I'm just thinking of myself like what's the difference between that and say like Sims, Roblox and then like Second Life it's because in the sandbox it's you and you can do pretty much whatever you want to do for the Sims and for the Second Life and for Minecraft it's a centralized game developer and they set the rules and the boundaries but nothing wrong with that but just that's just how it is so you're not going to be able to go to like the Sims and purchase property and then resell property you're not going to be able to bring in an NFT resell an NFT do whatever you want to you're not be able to be able to sell ad space or have ads there or sell NFTs you're not going to be able to do like say like a virtual conference where you can have people pay an entry fee to listen to you speak or for have somebody else and rent out the land and somebody else speaks on your land depending on what it is so in those regards there's a huge difference and then another question I get is what's the difference between this and like say you know meta or Facebook and the metaverse and maybe with like Microsoft and what they're doing with their metaverse in my opinion it's just my opinion I don't see how like say like the sandbox and it's pretty pretty sprawling vast area is is going to be like the other two so you have to remember like I believe that each land has its own not just use case but why people would actually want to go there so like on Microsoft maybe people just want to go there for for meetings and and you know do remote type of work and for meta honestly don't know why people would go to meta for Facebook it seems ridiculous I don't know why people want to keep getting their their identity stolen and having all their our information sold but whatever and then like the sandbox and like say alluvium and then say like UFO game and like say Decentraland I think people can just kind of go there and it's not just a one a one place wins all they like hey I like sandbox for this whatever it evolves into hey I like Decentraland for that whatever it evolves into and I kind of just see it like how people will travel to say I want to be in New York on Wednesday and I'm going to go to Los Angeles on Friday well not everybody can do that but in the metaverse you definitely can go to all these places so I don't think it's a one size fits all and I think that is the big difference between say these decentralized games like a sandbox and everyone talked about as far as like Second Life and Facebook and all that other stuff that is out there so that's how I see things as far as that now that takes care of the first part the second part is well I got this land Rob what do I put on it well just like we talked about if you want to you know you buy this land you want to put some kind of experience on it or you can actually resell it over you want to do but if you want to actually put like a game you want to put like a conference you want to put some type of replayability or something that engages people as they walk through the sandbox you have to put something on it that makes them want to come back so what do you do well there's two options here right now first of all you can well it's through really you hire a developer they can start to help you create things or you can just go through this the sandbox maker or you got a place called MetaZone.io and of course you can start to buy things like just games built right in for 500 mana if corona zombies on them all the stuff is yeah Ethereum agnests that you can actually purchase buildings so you can actually rent these things out if you really wanted to this could be like a virtual meeting room for businesses hey you want to meet here because now you're remotely working instead of actually paying for actual office space because of the different things that happened over the last two years well i got a great space for you do that also new crazy stuff like be your own decentralized exchange i don't know if that's what i would do seems kind of risky and then of course you can do media you can sell ad space the games we talk about npcs you can sell vehicle the list goes on on so whatever you want to put in your lands it's up to you to decide which direction you're going to go it's just like buying a physical piece of land and going what do i want this land for i want this for myself and and just for like me to do little things that's fine but that's kind of like second life or do i want to be like i want to as a commercial space and i want to put a casino here i want to have this as like a conference space i want to have this as like i'm going to sell billboards and ads for all the different people are going to walk in through it's really up to you of what you want to put on there and that's just one thing also you can put things like the sandbox just came out with this thing called a game maker you download it you don't need any coding ability it's pretty much like a plug and play to snap things in and bang bang boom you have your game now of course it's not that easy i still have to play around with it but you see where i'm going with this and the possibilities really become endless so that takes care of that part now what i want to talk to you real quick about is the sandbox market where you can actually buy um skins you can buy vehicles you can buy all those things we just talked about but you can also buy land and when you go to the sandbox see on the left hand side here it's got kind of squished it says uh home then only that says markets and so blue things says create map and about so this is where you can actually find all the land that you want to buy now you can uh purchase it in sand you can purchase it on an ethereum just depends on how it'll go actually now i think it's all just the negative currency on this one nope i'm incorrect you can use ethereum so you just you just connect your metamask wall if you don't know how to use a metamask wall very simple there's going to be a link it's going to pop up right now you can check that video out also one thing i've learned about metamask is if you're going to use it don't use it with brave i know some people have had no problems i've had nothing but problems with using it with brave and i have a real issue now with that so i've gone back to chrome no problems some people no problems i have another problem until i switch back to chrome just my little snippet of info there so that's the land part as far as like the marketplace and i can click on this and i can buy it i can do a filter go from lowest price highest price for your baller newest oldest whatever else but that's all i can really do this is why i like open sea because on open sea what i can do is i can do searches i can list it by single items or bundles i can go low to high i can put in a search term which we're going to get to that's really important that you put this one search term in i'll go to that the very end and you can actually list it by you can either do a buy now type of thing or you can do it by an auction i don't recommend the auction i'll get to that but just so you know if you're on open sea all you have to do is up here where it says let me blow this up so you can see a little bit better okay so i've got explore stats resources if you go to explore go down to virtual worlds right here under domain names virtual worlds when i click on that good amount better out there actually not that many and i'll honestly here's the central land here's the sandbox we click on the sandbox now you can put in all your criteria and then you're going to see if this thing pops up it's going to be everything so if you over here where it talks about type it says on sale in and type if you hover over that you can buy assets like these things which i'm sure look goofy now but are probably super important later but if i click on the one that says let me bring this up so you can see it it says land there's land and asset under type bring this down type i'm just going to click on land and then voila there i have all the land that is for sale and low to high and so on so forth so that is the difference between those two things and again this search bar is important to use that so that's what we have for those two and the big thing though is when i was looking through this i'm like usually on regular real estate you'll have comparables like if you want to buy a half million dollar house a million dollar house you're like okay well why is it valued at a million dollars so show me some comparables especially in that area and uh whatever thing is going for what is it actually appraise that because there's a central appraiser and tell me how much it is because it's going to dictate the loan all that stuff but in virtual land there really is none of that there's no like virtual appraiser there's no really there's kind of comparables actually uh but they they vary widely so right now it's just about getting the best deal and there's certain criteria which leads me to my next point uh which is uh taking a look at buying land criteria so this is part of the formula that i've come up with and this is this is not all encompassing this is just a part of it so what i see is like look there is scarcity there if we take a look at the sandbox there's a hundred and sixty six thousand four hundred and sixty four nft spaces or land pieces right and those are just the little individuals those are parcels you can put them together and make a states the more you have the better off it is the more of a uh a state mogul you are and we talked about the filter thing you can load this price or open sea there's this word called connect it's going to be super important in a second the next part is usually in real estate we've all heard this whole this term location location location and that's dictates everything right it's a lot you're going to pay a lot more for a uh 1200 square foot condo that's right on the beach as opposed to a 10 000 square foot house that is probably in a run down area just location but in reality in decentralized and sandbox and these types of places i think it's its location is good but it's going to be the content in the long run that really uh picks up the pace and really makes people actually go to these areas so remember if i have multiple pieces of land in the real world let's say in the real world and i've got a pretty good area where i'm selling some widgets or i'm selling tv's because people really want to buy tv's in this one area i can't just easily pick up my shop and all my tv's and everything else and go across town to another place which is like where people are like hey we just lost all our tv's i can't do that but in the metaverse i can pick up like that take everything over and stick it on the piece of land so i can do all that stuff also as users are walking through and you know we we took a look at that uh that in-game kind of video where people are walking around they don't have to walk anywhere they can just pick a point and just teleport there in an instant so i think in the beginning you're going to see a lot of people just walking around going this is cool nice but then as as things kind of shift out people are like i want to go here here and here i want to go to the casino i want to take a look at nft's and i want to go to this conference and that's it and they may walk around around those areas so it's kind of important to get around some big huge hubs or like in in retail shops we call those anchors so that is the third part and the fourth part we just we just talked about uh aesthetic scenes engaging games nft galleries conferences education will rule in the future that's going to bring people back but right now location works pretty well and another thing that i'd like to say is the more pieces of land you have the better just so you can do a lot more things so that is the part of the criteria now let's do some fun stuff and let's go shopping this is this is where i like i like to shop like to buy things like to accumulate assets and i like to accumulate uh if you've been on the channel for a while you know that me and my wife like to invest into short-term rental properties uh buy those uh passive income well it's not really that passive and then those are the assets and of course they appreciate it helps with taxes and blah blah blah so i see this as the next big thing the next the next evolution the next step why not so here's one as i was perusing open sea and i found this this lamp piece i'm like three and a half east because i just filtered it by price i didn't want to go for uh the offer part because just so you know let me blow this up so you can all see this so see right here what says three and a half east and you can buy now or make an offer so people make offers of like they lowball everybody and they're like ah i'm smart i'm going to get this cheap you're not what's going to happen is this 0.45 wrapped east it's going to expire and they're not going to prove it because they know that land's going to go off pretty well now you might get lucky but every time that you put an offer in in wrapped east or whatever else you're going to pay gas fees just to put that offer up and if it expires which i see like every piece of land i've seen has pretty much had a bunch of expirations not all of them but a lot of them that means that you just lost that gas fee so for me i just want to make things simple you can auction you can try it make an offer but i would probably get closer to the three and a half east just like in the real world no one's going to give you a house for 10 000 bucks if it's a listed price for a million just saying so on this one i'm like okay what i want to look at is the criteria right there's nothing on it so i'll put it on there but i want to take a look at the location itself and see what exactly is going on so see these numbers right here it says 138 and negative 74 what is that well in the map itself this huge map it's all on an x and y axis so you really want to be around these anchors in my opinion like see right here you got uh let me see you got stuff which is play around you got the walking dead the sandbox you're going to have a bunch of little games so probably we're on there sandbox sandbox and smurfs that's cool atari i wouldn't mind being or being around them you got snoop dog over here oh i definitely want to be by him especially if you have if you're more of an arts artistic type of person music nft type of thing atari be good for games and so on and so forth walking dead same thing and you can just see like this is probably the place you want to be around you don't have to be right next to them but probably around these areas central's good but it doesn't matter you can be anywhere you really want to be so that is the kind of like the criteria for that piece um but when i'm looking at this 138 negative 74 where is that well i could hunt around but really what this is is going back to math class everything's on an x and y axis okay this is a very simple one so the more you move on the x which is the horizontal axis this is where things are so in this case 138 is positive it'd be far to the right on the x on the x axis and then the uh negative 74 that would be on the y axis moving down okay 138 negative 74 where would that be well that's a positive on the x so that would be more towards the right so towards the x4 around here and then negative 74 would be down a little bit so you're probably looking around the south i guess you want to do directions the southeast of the land itself and to make this even more simple you can just go over to the map itself and then plug in the coordinates in the in the very top where it says 138 negative 74 and it'll take you right there so this is the land itself this is the one that is for sale and what we want to do is like around what's around here well you got let me get this out of the way you got a tarry right up here that's pretty cool i like that you got board ape got clubs something or other you got hex if you're for all your hexologists that are there sure you got this plant what is this one nothing really right now and so maybe maybe that's that's a good one for you i passed on this one because i'm like i don't really see the big deal and also if i'm looking at this i want to see let me just see where it is in general so i'm gonna zoom out when in doubt zoom out okay so i am again you're on the very right hand side in the lower corner kind of so that's not where i want to be so i'm gonna pass also here's another one that i found again three and a half east not too bad i mean for right now remember when these were being sold it wasn't near this expensive and it hasn't been that long so do you what do you think's gonna happen in the next one to five years anyhow this is three and a half east the lands on 53 and negative 114 let's take a look at that and that's up over here okay so let me get out of here let me blow this out so i'm by a tarry i like that and what else we have so i'm by the mets i guess we're a big mets fan and the good thing is is that if you look at this you are right over you're right on top of the sandbox estate so that would be a good one for somebody but for me i'm like it's only one parcel i'm gonna pass next one this is the one i was going to actually buy and it was cool because it was two pieces of land and it's was these different parcels that were like three and a half east three point two five east and only one they got two so it's always better to double up if you can actually do it and the question was well where is it uh connect to great land see it says 49 and 65 so 49 and 65 is pretty near the center of where we want to be and actually let me see better refresh and again you can just do that on the address bar above just put in 49 and 65 okay pretty much near the center and uh looking pretty good let's see let me blow this up so you can see it so right here is where it's at but again um it was still pretty good pretty good plot of land because you got two for it and unfortunately when i was filming this video i had some technical issues so i had to step away and somebody snatched it from me and i was pretty ticked off however it led to an opportunity which it always does right so what i did was i found one of these there was two plots of land for 2.38 east and it was close to that big huge walking dead game that's coming out so i thought that what could be a pretty big thing so i actually uh picked that up and now i own these two pieces of land uh right here let me get this out of here and this one below so not too bad and then where am i well let's zoom out so essentially i am right in the center of the entire map and this is exactly where i want to be and it's right near a nice anchor which was the walking dead and uh this was i thought pretty good buy especially for two pieces going like that so now what i want to talk to you about is how i actually bought it pretty simple we already have our metamask installed and connected i'm going to click on this blue button says buy bundle because i'm going to buy this bundle of land for a 2 by 1 pretty good deal i think and then uh after that it's going to ask me some questions okay then i'm going to click on here yes and yes and i'm going to click on confirm check out and i just bought or almost did so now i get to pay for this enormous gas fee blah blah blah that's a lot and i'm going to hover over here and then click on confirm wow that's a lot of gas that's just how it is and now we're done and congratulations you just purchased a set of virtual land for a lot of money which hopefully it'll appreciate in the due time now what i talk to you about is how did i find that because there's a lot of stuff to go through so again when i go through the filters and i'm going through the type i want to just put land i want to also filter out i don't want to do an auction i don't care i just want to see what we have for buy now and then we got priced low to high and i went through all these things and it's how many pages is it it's 2,549 results it's a lot to go through okay to be honest with you but what i did is i put in the search bar and i just put connect i didn't put connected i didn't put connecting i just put connect because there's different spellings of connected land so i just did that i pressed enter and voila these are the things you might want to look at and i'll probably pick up another one before i get out from this video because look there's one here two by one connected near the coin market cap two connected lands perfect for small projects two attached connected lands and so on so what if they don't come up for whatever reason see over here it says all items or it'll say single items and bundles i just click on bundles because if you if you go to single items and click on connect it'll just come up as like there's nothing there so either you have to have bundles or all items to go from that but that is how i find some pretty good deals instead of paying like three four five for one parcel i can get it for you know pretty cheap actually this one looks pretty good two by one on genesis and that is essentially it for this video so look i i believe that this is going to be the future i think there's going to be a lot of a millionaires made in this arena this isn't a get rich quick overnight i think this is a very long play as things start to move for but if you noticed wherever city you live on the outskirts of town at base you'll see like some big corporations buy up plots of land because i know in like five years all they do is sit on it and only appreciate and that's usually what we see here so again this is not financial advice this is a financial opinion do no research and that's it for today so look if you found value in this video give it a thumbs up i'll consider subscribing a lot of things we talk about are time sensitive especially like this video but that's it so thanks so much for sticking with me i appreciate it i'll see you on the next one