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description: What benefits can be gained from owning Land
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# Land Benefits

Owning a Land Plot within M20verse City offers several advantages:

* **Resident Status**: Upon purchasing a land plot, a user's status is upgraded from Traveler to Resident, granting access to additional opportunities such as exclusive benefits within the Referral Program
* **Customization**: Land Plot owners can personalize and design their virtual space according to their preferences, creating a unique and engaging environment that reflects their tastes and interests.
* **Exclusive Benefits**: Owning a Land Plot can grant its owner access to special perks and privileges within M20verse City, such as invitations to exclusive events, additional earning opportunities, and more.
* **Participation in City Growth**: As M20verse City continues to develop and expand, Land Plot owners can contribute to its growth and benefit from the increasing value of their virtual real estate. They can also participate in the decision-making processes that shape the city's future.
* **Monetization Opportunities**: Land Plot owners can monetize their virtual space by hosting events, advertising, or offering various services to other users within the platform, generating revenue and enhancing their metaverse experience.
* **Tradable and Collectible Asset**: As an NFT , Land Plots can be bought, sold, or traded among users, offering an additional layer of investment and collectibility in the metaverse.
