Easiest Ways To Make Money In The Metaverse
Let's talk about digital real estate investment, or what we are likely to call NFT + property games: Gamified Banking. There are a ton of opportunities to make money in the metaverse. Cryptos, art, digital properties, they all have one thing in common: your reward is equal to your investment.
Author:Gordon DickersonReviewer:James PierceNov 06, 202291.5K Shares1.5M Views
Let's talk about digital real estate investment, or what we are likely to call NFT + property games: Gamified Banking.
There are a ton of opportunities to make money in the metaverse. Cryptos, art, digital properties, they all have one thing in common: your reward is equal to your investment. As in, skill is not required, but your money is! You may know this as an interest rate (staking instead of certificates of deposit).
The only way to truly gain an appreciating asset in the metaverse is to buy it new and hope for mass adoption. Basically, it's like a fiat currency.
There are a few real estate platforms that have been explored that are not prohibitively expensive, like Decentraland and Sandbox. (Last checked, alpha passes-just to gain access-were going for 3 ETH).
Examples
For perspective, someone invested about $250 total into NFTs, digital real estate, and staking cryptos. The returns aren't realized yet, and the interest that will be earned is equivalent to that of a struggling bank in a third-world country. Yes, you are as likely to get your money out of these new platforms as you are at the previously mentioned bank.
Please keep in mind that the statistics and calculations may not accurately reflect everyone's experience. Additionally, avoid using bots to stake/collect automatically. Likewise, do not spend your entire day on the computer playing games.
- Alienworlds.io - 333 days at a rate of ten hours per day to recoup a $75 investment
- UpLand - $60 investment will be repaid in 120 months if no structures, modifiers, or NFTs are purchased.
- Multiverse VR - $60 investment and we'll see what happens! However, less than a month ago, individuals purchasing property for 500 coins were able to sell it for 5000 coins. There is currently no mechanism for investment, only a land grab.
- NFTs - $10
- Staked on Wax - $50 at a yearly annual percentage yield of 2.5 percent
Conclusion
At the moment, with NFTs, digital real estate, and cryptocurrency, we must be aware of this. There will be a few diamonds in the rough, but if you want to make money in the metaverse, this article recommends the following: Find creators who are just getting their projects' development underway. Locate games that are rapidly growing in terms of volume but do not yet have a sizable user base. Then assist in building, guiding, learning, teaching, and creating.
The metaverse does not reward laziness. It will reward those who are conscientious and passionate. Take care out there. Maintain records and avoid losing everything you own. Best wishes and Godspeed.
Jump to
Gordon Dickerson
Author
Gordon Dickerson, a visionary in Crypto, NFT, and Web3, brings over 10 years of expertise in blockchain technology.
With a Bachelor's in Computer Science from MIT and a Master's from Stanford, Gordon's strategic leadership has been instrumental in shaping global blockchain adoption. His commitment to inclusivity fosters a diverse ecosystem.
In his spare time, Gordon enjoys gourmet cooking, cycling, stargazing as an amateur astronomer, and exploring non-fiction literature.
His blend of expertise, credibility, and genuine passion for innovation makes him a trusted authority in decentralized technologies, driving impactful change with a personal touch.
James Pierce
Reviewer
James Pierce, a Finance and Crypto expert, brings over 15 years of experience to his writing. With a Master's degree in Finance from Harvard University, James's insightful articles and research papers have earned him recognition in the industry.
His expertise spans financial markets and digital currencies, making him a trusted source for analysis and commentary. James seamlessly integrates his passion for travel into his work, providing readers with a unique perspective on global finance and the digital economy.
Outside of writing, James enjoys photography, hiking, and exploring local cuisines during his travels.
Latest Articles
Popular Articles