Virtual land lease refers to the practice of renting or leasing digital properties within virtual environments, often represented as parcels of land in various metaverse platforms. These platforms allow users to create, develop, or modify their own digital spaces, and leasing is a way to utilize these assets without full ownership.Users can lease virtual land to build experiences, host events, or create businesses, potentially generating revenue. The lease terms may include duration, payment amount, and specific rights or restrictions regarding how the land can be used.Leasing virtual land often involves smart contracts, ensuring that agreements are automated and transparent. This method provides flexibility for both lessors and lessees, allowing individuals or organizations to engage with virtual real estate without the commitment of purchasing it outright. As interest in metaverse experiences grows, virtual land leasing is becoming an increasingly important concept for creators, investors, and gamers.