How do you own land in the metaverse?

So, let me ask you this: how exactly does one go about owning land in this so-called "metaverse"? I've heard it's all digital and decentralized, but what does that actually mean for purchasing and owning a piece of virtual real estate? Is it just like buying a domain name, or is there more to it? And what are the implications of owning land in this digital world? I'm curious to hear your take on the process and what it entails.