There are four types of digital properties users can buy in Decentraland, these include:
Land parcels – The main focus of Decentraland is virtual lands where users can build anything they want. Each parcel of land comes with a unique coordinate representing a specific location on the map. The value of land parcels is determined by proximity to popular areas, such as plazas and roads. The size of each land is 16X16m square spaces.
Estates – Estates are two or adjacent parcels of land grouped together. These parcels have to be directly adjacent and can’t be separated by any other land parcel, road, or plaza. Estates allow users to build bigger and higher scenes. Having an estate will make it easier for users who own multiple land parcels to manage and develop their lands.
In-game wearables – The Decentraland in-game wearables are the various items of clothing, accessories, and body features that users can use to customise their avatars. While default wearables are available for free, Decentraland also supports the creation and use of custom wearables that NFTs represent.
Scenes – A scene is an experience that users can build on one or several land parcels. Every scene in Decentraland has its own little world, meaning items from one scene can’t extend into another. Users of Decentraland are free to create, sell, and buy scenes.