Yes, you are right. You will own a unique virtual land that corresponds to a real country.
I dont get it... Why would you buy virtual land? Am i missing something?
If Im correct with my understanding, its about owning a virtual asset thats unique to you. I actually read an interesting article about it on a BA flight (inflight magazine) that explained how digitalised/virtual assets have gained popularity (CryptoKitties for example). Apparently theres a market for this.