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Land in Metaverse
Source: By Naveen Wadhwa: The Economic Times
Singer Daler Mehndi, reportedly the first Indian to purchase land in the Metaverse, has named it ‘Balle Balle Land’ and plans to host films and concerts on it. This virtual property is slated to soon also have a Daler Mehndi Store, which will sell merchandise as Non-Fungible Tokens or NFTs. In case you too want to buy land in the Metaverse and profit from it then you should know that your income from the virtual land will be taxed in the real world.
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