Action: Purchase the Homestead Land Deed on Opensea (Currently priced at 2.79ETH) - ($7,977.75)
Why?: Mirandus ( https://mirandus.game/ ) is a New Crypto MMORPG game that allows players to explore, battle, and trade with other players, while also mining for rare Materium in the game. The game takes place in an expansive open world where your adventure begins! Everything in the game is player-driven, which means players can even make their own towns and cities…which other players will then have to pay taxes on! To increase your power you’ll need to adventure out for rare Materium that is generated by playing or traded with other players. There will be a maximum of 1000 Homestead Plots (out of a maximum 1625 total Land Deeds) in the game and only 1 x Homestead currently available on Opensea. The sales on the website has completely sold out so secondary market is the only way to purchase. (Website proof of sellout: https://app.gala.games/games/mirandus/?type=land-deeds )
DD: This very item has already sold for 2.5ETH and I can see the price rising as the game develops more and more players get on board. Larger settlements are already listed for over 17ETH having previously sold for over 7ETH. I think a resale of the Homestead by listing again on Opensea for 6ETH (as the only 1 available) is the play here and wait till it sells. 370 likes on Opensea shows the popularity of this item. This is the most cost effective way to own land within Mirandus and we will own one. Mirandus is currently in "Playtest" with a launch planned for Q4 2022 but members of the Discord think it will be more like Q1 2023. This gives us more time for folk to get excited about the project and want to buy an entry level land deedwhich we will own. The developers GALA Games have great history with blockchain based games like Townstar, Spider Tanks, The Walking Dead Empires etc The most expensive sale of a Gala Games NFT is $3m!, they have 1.3m monthly users of their games and have sold over 26k NFTs so have great market awareness in the NFT space.
Much like The Sandbox, Decentraland etc, Metaverse land is going to be huge and we can make ETH on this trade.
In: Buy off OS market at 2.79ETH Out: List for 6ETH Contingency plan if market becomes flooded: List for 4.185ETH to make small profit and move on