23 December 2021
How to Buy Clothes and a House on the Metaverse, what to pay for?
Editorial Team, CNBC Indonesia
Jakarta, CNBC Indonesia - Metaverse continues to be a hot topic of conversation among world technology lovers. First, the metaverse can allow internet users to carry out virtual activities with a 3-dimensional view, including buying and owning land.
Metaverse was initially shocked by the Facebook company and it turned out that it was not only Mark Zuckerberg's company that started developing the virtual world of the metaverse. many other companies in this field are involved in developing the metaverse world.
How to Buy Clothes and Homes on the Metaverse
Even though you are currently in Indonesia, you can also buy clothes and houses through this metaverse. Users can shop for clothes and build mansions in the metaverse world.
Indeed, to make transactions in the metaverse is a little difficult. However, how to buy clothes and land or a house in this metaverse can be learned. Let's discuss them one by one.
1. Payment Transactions on Metaverse
In order to open an account and make transactions on the metaverse platform, users need to set up a crypto wallet that will hold all digital currencies. One of the popular wallets that is often used is the MetaMask wallet.
The MetaMask crypto wallet can be set up and downloaded via a mobile phone or a Google Chrome browser extension. With this wallet, you can carry out transactions such as exchanging money into cryptocurrencies with a debit card or credit card.
2. Types of Cryptos Metaverse Uses
The type of crypto used in this metaverse world depends on the platform you use to explore the new world. Each metaverse platform has its own crypto token which is used to make transactions. The types of cryptocurrencies commonly used on the Metaverse platform are as follows:
• MANA: The original cryptocurrency on the Decentraland Marketplace for buying and selling land, avatars, items such as clothes, accessories and interacting with other users. MANA will give you the ability to choose certain specs of the game, such as NFT auction activities and policy updates.
• SAND: This cryptocurrency is similar to MANA which can be used to buy and sell land, play games or conduct NFT auctions on the Sandbox Marketplace.
• AXS: The cryptocurrency used on the popular gaming platform Axis Infinity. It can be purchased through crypto exchanges and also players can earn AXS tokens by allowing digital pets (Axies), a unique NFT, to be used to compete in matches and tournaments.
3. How to Turn Money into Crypto.
There are several popular platforms for buying metaverse cryptocurrencies, including Binance, Gemini and Coinbase. This app will help you to convert fiat currency to metaverse crypto you need.
If you already have cryptocurrencies like Bitcoin and Ether, you can immediately exchange them for the metaverse token you need.
4. Buy Land or House in Decentraland
If you want to make a transaction to sell, buy or rent land and houses, please use the official Decentraland marketplace with these steps:
• Visit the Decentraland Marketplace.
• Then please select the available virtual land.
• You can see land prices through MANA tokens, availability information and owner's name.
• Please click buy to make a purchase transaction.
• Connect your wallet to the Decentraland Marketplace because the land will be sent to your wallet as NFT after the sale and purchase transaction is successful and complete. If you don't have one, please download your wallet on MetaMask and Trust Wallet.
• Confirm your virtual LAN.
• Confirm virtual LAND in your digital wallet.
• Make payments using cryptocurrencies.
5. Buy Land or Houses on Earth 2.io
Furthermore, you can make transactions for buying and selling land, houses and other goods using the Earth 2.io Marketplace in the following ways:
• Please visit Earth 2.io page and register.
• You can do a survey of the land to be purchased.
• If you have found it, please click buy land on the homepage.
• Determine the plot of land you want.
• The type of land plot you choose will show the number of plots that can be purchased per property with a maximum transaction of 750 plots with varying prices.
• If it is fixed, please pay for the land to be purchased by clicking Buy Now.
• Payment can be made using PayPal.
How? Did the information above about buying and selling land and goods make you interested in property investment in the metaverse world?
https://www.cnbcindonesia.com/tech/20211223134945-37-301474/cara-beli-baju-dan-rumah-di-metaverse-pakai-apa-bayarnya
Jakarta, CNBC Indonesia - Metaverse continues to be a hot topic of conversation among world technology lovers. First, the metaverse can allow internet users to carry out virtual activities with a 3-dimensional view, including buying and owning land.
Metaverse was initially shocked by the Facebook company and it turned out that it was not only Mark Zuckerberg's company that started developing the virtual world of the metaverse. many other companies in this field are involved in developing the metaverse world.
How to Buy Clothes and Homes on the Metaverse
Even though you are currently in Indonesia, you can also buy clothes and houses through this metaverse. Users can shop for clothes and build mansions in the metaverse world.
Indeed, to make transactions in the metaverse is a little difficult. However, how to buy clothes and land or a house in this metaverse can be learned. Let's discuss them one by one.
1. Payment Transactions on Metaverse
In order to open an account and make transactions on the metaverse platform, users need to set up a crypto wallet that will hold all digital currencies. One of the popular wallets that is often used is the MetaMask wallet.
The MetaMask crypto wallet can be set up and downloaded via a mobile phone or a Google Chrome browser extension. With this wallet, you can carry out transactions such as exchanging money into cryptocurrencies with a debit card or credit card.
2. Types of Cryptos Metaverse Uses
The type of crypto used in this metaverse world depends on the platform you use to explore the new world. Each metaverse platform has its own crypto token which is used to make transactions. The types of cryptocurrencies commonly used on the Metaverse platform are as follows:
• MANA: The original cryptocurrency on the Decentraland Marketplace for buying and selling land, avatars, items such as clothes, accessories and interacting with other users. MANA will give you the ability to choose certain specs of the game, such as NFT auction activities and policy updates.
• SAND: This cryptocurrency is similar to MANA which can be used to buy and sell land, play games or conduct NFT auctions on the Sandbox Marketplace.
• AXS: The cryptocurrency used on the popular gaming platform Axis Infinity. It can be purchased through crypto exchanges and also players can earn AXS tokens by allowing digital pets (Axies), a unique NFT, to be used to compete in matches and tournaments.
3. How to Turn Money into Crypto.
There are several popular platforms for buying metaverse cryptocurrencies, including Binance, Gemini and Coinbase. This app will help you to convert fiat currency to metaverse crypto you need.
If you already have cryptocurrencies like Bitcoin and Ether, you can immediately exchange them for the metaverse token you need.
4. Buy Land or House in Decentraland
If you want to make a transaction to sell, buy or rent land and houses, please use the official Decentraland marketplace with these steps:
• Visit the Decentraland Marketplace.
• Then please select the available virtual land.
• You can see land prices through MANA tokens, availability information and owner's name.
• Please click buy to make a purchase transaction.
• Connect your wallet to the Decentraland Marketplace because the land will be sent to your wallet as NFT after the sale and purchase transaction is successful and complete. If you don't have one, please download your wallet on MetaMask and Trust Wallet.
• Confirm your virtual LAN.
• Confirm virtual LAND in your digital wallet.
• Make payments using cryptocurrencies.
5. Buy Land or Houses on Earth 2.io
Furthermore, you can make transactions for buying and selling land, houses and other goods using the Earth 2.io Marketplace in the following ways:
• Please visit Earth 2.io page and register.
• You can do a survey of the land to be purchased.
• If you have found it, please click buy land on the homepage.
• Determine the plot of land you want.
• The type of land plot you choose will show the number of plots that can be purchased per property with a maximum transaction of 750 plots with varying prices.
• If it is fixed, please pay for the land to be purchased by clicking Buy Now.
• Payment can be made using PayPal.
How? Did the information above about buying and selling land and goods make you interested in property investment in the metaverse world?
https://www.cnbcindonesia.com/tech/20211223134945-37-301474/cara-beli-baju-dan-rumah-di-metaverse-pakai-apa-bayarnya
16 December 2021
Singapore announces new property cooling measures: Higher ABSD rates, tighter loan limits
Writer: Ng Hong Siang
The Government on Wednesday (Dec 15) announced a package of measures to cool the private residential and HDB resale markets.
The measures include raising Additional Buyer’s Stamp Duty (ABSD) rates, tightening the Total Debt Servicing Ratio (TDSR) threshold and lowering the Loan-to-Value (LTV) limit for loans from the Housing and Development Board (HDB), said the Ministry of Finance, the Ministry of National Development and the Monetary Authority of Singapore in a joint press release.
"The Government has been closely monitoring the property market for several quarters," said the statement, which was released to the media just before 11.40pm. It added that the private residential and HDB resale markets have been buoyant, despite the economic impact of COVID-19.
Private housing prices have risen by about 9 per cent since the first quarter of 2020.
HDB resale flat values have also risen by about 15 per cent since the same time, reversing a six-year decline, the authorities said.
"Even though House Price-to-Income ratios remain below their historical averages, there is clear upward momentum. Amid the low interest rate environment, transaction volumes in the private housing market and HDB resale market have also been high despite the COVID-19 situation.
"If left unchecked, prices could run ahead of economic fundamentals, and raise the risk of a destabilising correction later on. Borrowers would also be vulnerable to a possible rise in interest rates in the coming years."
To continue reading, please go to link below:
https://www.channelnewsasia.com/singapore/property-cooling-measures-absd-tdsr-ltv-loan-hdb-2382301
The Government on Wednesday (Dec 15) announced a package of measures to cool the private residential and HDB resale markets.
The measures include raising Additional Buyer’s Stamp Duty (ABSD) rates, tightening the Total Debt Servicing Ratio (TDSR) threshold and lowering the Loan-to-Value (LTV) limit for loans from the Housing and Development Board (HDB), said the Ministry of Finance, the Ministry of National Development and the Monetary Authority of Singapore in a joint press release.
"The Government has been closely monitoring the property market for several quarters," said the statement, which was released to the media just before 11.40pm. It added that the private residential and HDB resale markets have been buoyant, despite the economic impact of COVID-19.
Private housing prices have risen by about 9 per cent since the first quarter of 2020.
HDB resale flat values have also risen by about 15 per cent since the same time, reversing a six-year decline, the authorities said.
"Even though House Price-to-Income ratios remain below their historical averages, there is clear upward momentum. Amid the low interest rate environment, transaction volumes in the private housing market and HDB resale market have also been high despite the COVID-19 situation.
"If left unchecked, prices could run ahead of economic fundamentals, and raise the risk of a destabilising correction later on. Borrowers would also be vulnerable to a possible rise in interest rates in the coming years."
To continue reading, please go to link below:
https://www.channelnewsasia.com/singapore/property-cooling-measures-absd-tdsr-ltv-loan-hdb-2382301
09 December 2021
Australia's property prices smash records in 2021 with fastest growth on record
By: Stuart Marsh • Senior Producer
Australia's property market has surged through a record-breaking 12 months as prices rose at the fastest year-on-year rate in history.
Domain's End of Year Wrap for 2021 has revealed that in 2021, Aussie house prices rose an eye-watering 21.9 per cent, the fastest annual rate of growth on record.
More than 446,000 houses were sold in 2021 and more than 144,000 units were sold, both remaining on the market for the shortest time in more than half a decade.
Domain's Chief of Research and Economics Dr Nicola Powell said 2021 will be remembered as the year that radically defined the way Australians use – and prioritise – what they want in their properties.
"The challenge of grappling with a global pandemic shifted buyer priorities, placing a greater emphasis on the space in which we reside, this spurred purchases and brought forward decisions," Dr Powell said.
"Ultra-low home loan rates, government stimulus, rebounding economic conditions, returning expats and improved household savings became the perfect combination of factors for extraordinary price growth and activity in 2021."
The highlight numbers of 2021 are nothing short of staggering.
The most expensive sale of the year was the penthouse of 163 Castlereagh Street in Sydney, which sold for an eye-watering million.
Three of Australia's capital cities in Sydney, Melbourne and Canberra now boast a median house price of over million, and the median capital city price nationwide is also closing in on seven figures.
According to Domain, there is hope for buyers desperate to enter the market: thanks to booming conditions, many homeowners erring about selling their home are being enticed by record prices.
"Sellers are now being enticed by record prices while tighter lending and affordability constraints have put a slight sting in buyer demand," the report reads.
"That means the year is closing in a different position to the start, with new listings coming to market quicker than they are being sold.
"While it remains a sellers' market, slowly the market is starting to tip in buyers' favour."
Looking ahead, 2022 is tipped to remain positive for homeowners while not replicating the near-insatiable growth of 2021.
"Buying opportunities are looking brighter for 2022. With new listings to remain strong, particularly over late summer and early Autumn," Domain notes.
"This will continue to bring the total homes for sale into a 'normal realm'.
"This additional choice, as well as tighter lending reducing buyers' leverage and wages growth not keeping pace with 2021 price growth, prices won't rise at the same sweltering pace as in 2021."
https://www.9news.com.au/national/australia-property-prices-smash-records-in-2021-with-fastest-growth-in-history/35997f0c-911c-43e5-a8da-9985fa653439
Australia's property market has surged through a record-breaking 12 months as prices rose at the fastest year-on-year rate in history.
Domain's End of Year Wrap for 2021 has revealed that in 2021, Aussie house prices rose an eye-watering 21.9 per cent, the fastest annual rate of growth on record.
More than 446,000 houses were sold in 2021 and more than 144,000 units were sold, both remaining on the market for the shortest time in more than half a decade.
Domain's Chief of Research and Economics Dr Nicola Powell said 2021 will be remembered as the year that radically defined the way Australians use – and prioritise – what they want in their properties.
"The challenge of grappling with a global pandemic shifted buyer priorities, placing a greater emphasis on the space in which we reside, this spurred purchases and brought forward decisions," Dr Powell said.
"Ultra-low home loan rates, government stimulus, rebounding economic conditions, returning expats and improved household savings became the perfect combination of factors for extraordinary price growth and activity in 2021."
The highlight numbers of 2021 are nothing short of staggering.
The most expensive sale of the year was the penthouse of 163 Castlereagh Street in Sydney, which sold for an eye-watering million.
Three of Australia's capital cities in Sydney, Melbourne and Canberra now boast a median house price of over million, and the median capital city price nationwide is also closing in on seven figures.
According to Domain, there is hope for buyers desperate to enter the market: thanks to booming conditions, many homeowners erring about selling their home are being enticed by record prices.
"Sellers are now being enticed by record prices while tighter lending and affordability constraints have put a slight sting in buyer demand," the report reads.
"That means the year is closing in a different position to the start, with new listings coming to market quicker than they are being sold.
"While it remains a sellers' market, slowly the market is starting to tip in buyers' favour."
Looking ahead, 2022 is tipped to remain positive for homeowners while not replicating the near-insatiable growth of 2021.
"Buying opportunities are looking brighter for 2022. With new listings to remain strong, particularly over late summer and early Autumn," Domain notes.
"This will continue to bring the total homes for sale into a 'normal realm'.
"This additional choice, as well as tighter lending reducing buyers' leverage and wages growth not keeping pace with 2021 price growth, prices won't rise at the same sweltering pace as in 2021."
https://www.9news.com.au/national/australia-property-prices-smash-records-in-2021-with-fastest-growth-in-history/35997f0c-911c-43e5-a8da-9985fa653439