# Land Pricing

Land tile prices are calculated in a transparent, clearly understandable way that supports the land tiles continuous increase in value, while also allowing users to enter the market for an acceptable time, and still being able to take advantage during the land distribution phase.

\
For stability reasons, land prices are connected to a fiat currency (USD), so Next Earth token price fluctuations will not affect the valuation of land tiles. This is important for easier calculations, as well as a hedge against token price volatility.

\
The mathematical functions are described at a high-level below:

<figure><img src="https://lh4.googleusercontent.com/BWQVT2Z2owKMrHGjI61R7ftWjXcRlBV5F5-WxP4U5B55i32P1l_dWrN8LRFetLxERnUDq-RRymiIuFLdPwZ1xoV7wfC5UP-odoLefgwCzI5bbkfRiOs-ieybdQr3FZVx5NSjxqojNddURJLdaMq5Povscf7MCS4FouPpu6T7E6IDdo5AbE8I1oRMrYp_rw" alt=""><figcaption></figcaption></figure>

As seen above, the equation behind the price calculation is made up of 3 different elements:

* The amount of first land sold globally on Next Earth. The more land is sold, the higher the price of new land.
* The amount of first land sold per country. The larger the percentage of the land sold, the higher the new land price will be in that country.
* Popularity, which is calculated from overall new land purchases in comparison to other countries.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://whitepaper.nextearth.io/chapter-ii/pillars-of-the-metaverse/virtual-land/land-pricing.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
