Building NFTs
Last updated
Last updated
Land NFT holders who meet the buying and construction criteria can build their own structures through building NFTs. These assets vary based on the characteristics of the continent, their grade, acquisition method, and intended use.
Each building NFT comes with a basic design tailored to its continent. Owners have the freedom to customize the building's appearance. The building's area and height correlate with its grade, which in turn affects the required land size, thereby directly linking to the NFT's value and owner's revenue.
Building NFTs can be acquired through various means such as meetings, purchases, and auctions, and can serve multiple purposes including commercial, residential, mixed-use, and neighborhood facilities. The initial purpose can be changed under specific conditions or through an application for change of use. Design freedom exists within the confines of each specific use.
After construction, users can lease or sell the building only for its pre-approved uses. Real estate leasing can be listed in the marketplace, tailored to suit needs like retail spaces, personal rooms, or corporate offices. Landlords can receive rent from tenants under a contractual agreement, and rental fees are negotiable.
Tenants pay the negotiated rent to utilize spaces within the building for commercial activities in the metaverse, such as shops, offices, and exhibition halls. The marketplace offers purchasable items like furniture, flooring, wallpaper, and interactive items, which tenants can use to decorate their spaces.
For example, if the building serves as an exhibition hall for displaying your artwork, you can embellish the space using various items like tables, chairs, plant pots, and lighting. Videos can be played on screens inside the exhibition hall, and a large park could potentially be created outside.
In summary, TARI WORLD's building NFTs serve as a versatile medium for various profit-generating activities. They provide an environment for establishing diverse relationships, be it individual-to-individual, individual-to-corporation, or corporation-to-corporation.