First home on Mars! Virtual home NFT presented on Red Planet retails for over $ 500,000

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First home on Mars! Virtual home NFT presented on the Red Planet with glass walls and furniture made from renewable materials to sell for over $ 500,000

  • The world’s first digital NFT house, called Mars House, sold for $ 514,557.79 as pictured on the Red Planet
  • It has glass walls and is furnished, as well as a dining, sitting and sleeping area
  • Buyer received the NFT while uploading a 3D file to Metaverse – artist hopes they project onto a wall

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Humans haven’t set foot on Mars yet, but a futuristic home on the Red Planet has just been sold.

Mars House, the world’s first digital non-fungible token (NFT) home, recently sold for over $ 500,000.

The virtual structure was sent to the buyer’s Metaverse as a 3D file by creator Kirsten Kim, who said she designed it during the coronavirus pandemic to “ create a healing atmosphere using her Digital Zen philosophy. ”

Furnished with items made from tempered glass and fabric, the Mars House has dining, sitting and sleeping areas and a gushing infinity pool.

The house appears to sit on top of a mountain on the Red Planet and offers residents a beautiful view of the landscape of Mars.

Humans haven't set foot on Mars yet, but a futuristic home on the Red Planet has just been sold.  Mars House, the world's first digital non-fungible token (NFT) home, recently sold for over $ 500,000

Humans haven’t set foot on Mars yet, but a futuristic home on the Red Planet has just been sold. Mars House, the world’s first digital non-fungible token (NFT) home, recently sold for over $ 500,000

NFTs, sometimes pronounced ‘nifties’, resemble cryptocurrencies such as Bitcoin and Ethereum in that they live on blockchain networks – a decentralized, distributed ledger that records transactions of digital assets.

But unlike traditional cryptocurrencies, NFTs are non-replaceable, meaning one cannot be exchanged for another. The digital assets have collectible value and can represent items including still images, GIFs, videos, music and more.

And Kim is in on the action with her NFT Mars House, which sold for $ 514,557.79.

The buyer received 3D files to upload to their Metaverse, which is ‘a collective virtual shared space’.

Furnished with items made from tempered glass and fabric, the Mars House has dining, sitting and sleeping areas and a gushing infinity pool.

Furnished with items made from tempered glass and fabric, the Mars House has dining, sitting and sleeping areas and a gushing infinity pool.

Furnished with items made from tempered glass and fabric, the Mars House has dining, sitting and sleeping areas and a gushing infinity pool.

The house appears to sit on top of a mountain on the Red Planet and offers residents a beautiful view of the landscape of Mars

The house appears to sit on top of a mountain on the Red Planet and offers residents a beautiful view of the landscape of Mars

The house appears to sit on top of a mountain on the Red Planet and offers residents a beautiful view of the landscape of Mars

Users can purchase plots of virtual land to build digital businesses and homes.

I want this space to show my passion for meditative design, redefining avant-garde luxury for the digital age, Kim shared in a statement.

“I designed and created Mars House in May 2020, during the first wave of COVID-19 lockdowns.”

The artist said she teamed up with The Smashing Pumpkins musician Jeff Schroeder to create a calming musical accompaniment.

Mars House is one large space enclosed in clear glass walls.

Throughout the house there are several areas, such as a place to eat, sit and sleep, all of which are screened off from each other for a little more privacy

Throughout the house there are several areas, such as a place to eat, sit and sleep, all of which are screened off from each other for a little more privacy

Throughout the house there are several areas, such as a place to eat, sit and sleep, all of which are screened off from each other for a little more privacy

Throughout the house there are several areas, such as a place to eat, sit and sleep, all of which are separated from each other for a little more privacy.

A huge roof overhang above the house, with the lighting fixtures on the inside to illuminate the house during the evenings of Mars.

Kim hopes the buyer will project Mars’ home into their Earth-based.

“Everyone should install an LED wall in their home for NFT art,” said the artist.

This is the future, and Mars House shows the beauty of that possibility. “

What are NFTs?

What is an NFT?

A Non-Fungible Token (NFT) is a unique digital token encrypted with an artist’s signature, verifying its ownership and authenticity, and permanently affixed to the piece.

How do they look like?

Most NFTs contain some type of digital artwork, such as photos, videos, GIFs, and music. Theoretically, anything digital could be turned into an NFT.

Where do you buy them?

At the moment, NFTs are usually sold in so-called ‘drops’, timed online sales through blockchain-supported marketplaces such as Nifty Gateway, Opensea and Rarible.

Why would I want one?

There are a number of reasons why someone might want to buy an NFT. For some, the reason may be emotional value as NFTs are viewed as collectibles. For others, they are seen as an investment opportunity similar to cryptocurrencies as the value could rise.

When are NFTs made?

Writer and podcaster Andrew Steinwold traced the origins of NFTs to 2012, with the creation of the cryptocurrency Colored Coins. But NFTs didn’t hit the mainstream until five years later, when the blockchain game CryptoKitties started selling virtual cats in 2017.

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