Participated · Seed · Jun 2022

Parcel is an NFT marketplace that aggregates digital land listings and architectural services for virtual landowners, sellers, and builders. The platform launched in July 2021 and aggregates listings across major Ethereum virtual worlds including The Sandbox, Decentraland, Voxels, Somnium Space, Mona, and NFT Worlds. Parcel offers interactive, data-rich visual maps, real-time price appraisals for open listings, and a proprietary gas-efficient smart contract that lowers transaction gas costs; it is temporarily reimbursing gas for wallets that list land. The company is developing Creatorverse, a creative directory to connect landowners with virtual architects and service providers, and an educational Learn platform to onboard Web3 users. Multi-chain support on Avalanche and Polygon is planned for later this year. The article situates Parcel within a virtual real estate market that generated more than $500 million in sales in 2021 and surpassed $1 billion in the first half of 2022.