Zuckerberg changed the name of Facebook to Metaverse, which actually means Metaverse, and ideas were created in the minds of users about what Metaverse is. In fact, metaverse is a word that has been on the tongue these days and many businesses are trying to move to this virtual space. So it is better not to fall behind this wave and increase our information in this field. The virtual space of Metaverse is similar to a parallel world, which is not a new concept and it combines the physical world with the digital world. In simple words, we can say that Metaverse acts like a shared virtual world. In such a way that everything that exists in reality is also possible in the metaverse. Of course, keep in mind that this concept is evolving, but there are various models of it. The important thing about Metaverse is its decentralization property. Continue to examine the methods of earning money from Metaverse We pay that our career future definitely depends on it.
Methods of making money from Metaverse
Most of the virtual world is built on the basis of blockchain, while there are autonomous metaverse virtual worlds that use cryptocurrencies to manage their economy . Another important aspect of Metaverse is the earning opportunities in it. The Metaverse industry is on the verge of becoming a multi-billion dollar industry, creating huge opportunities for businesses and individuals. In the following, we will examine the methods of earning money from Metaverse.
1- Making money by buying Metaverse assets
You earn money by buying property or land and assets on platforms like Decentraland, Sandbox and Axie infinity . In fact, you can earn money by buying property and assets in this virtual space by increasing its price . For this, visit metaverse.property. On this site, you can see the first company of virtual spaces and you can do all the activities that exist in Decentraland environments in Metaverse. One of the conditions in which you can earn money in Metaverse is the possibility of buying or renting assets in Decentraland or sandbox environments. Metaverse developers to users of this field domainThey sell themselves as virtual space. In fact, creative people have suitable virtual space for building anything, including hotels, casinos, art galleries, cinemas and sports stadiums. The concern of these virtual owners is to create a space where they can charge users and earn money. One of the types of investing and making money from Metaverse is buying land in Metaverse, the value of which increases over time.
2- Making money from Metaverse by buying tokens
One of the easiest and safest ways to earn money from Metaverse is buying and selling Metaverse tokens. In this way, to earn money from Metaverse, users do not need to spend a lot of money and buy land in it. For example, Decentraland Mana, as the governing currency of the metaverse, allows users to use it to make their purchases and sales within this metaverse. If users don’t have enough capital to buy land inside the metaverse, they can buy tokens related to the metaverse they want. For those who are sure of the future of Metaverse but do not want to spend a lot of money to buy virtual land, buying Metaverse currencies is the best possible way. Users can check the price trend of tokens by visiting the Coin Market Cap site and buy them.
3- Making money by buying metaverse indexes
If you don’t intend to buy Metaverse tokens separately, you can invest by buying Metaverse Index (MVI) tokens . Actually, when you buy Metaverse Index Tokens, you get a set of Metaverse Tokens.
In this part of the site, you can see that the highest percentage of Metaverse index tokens is related to IILV, and in the following, you can see the next list of all the big tokens that you can buy by checking them.
4- Making money from Metaverse by making NFT
Keep in mind that there are various NFTs through which you can earn money, including the following:
- Products and building
This method requires no special skills and you can earn money by selling anything that is bought and sold in the Metaverse, including selling artwork, avatars, products, buildings and anything else you can think of. There is also the ability to design anything with a few basic skills and upload and sell it on Metaverse. A lot of people enter the Metaverse who want a lot of goods and services in a customized way. They order and personalize their own avatar or building, and you can earn money by acquiring the necessary skills in this field. In fact, this is a very attractive option that if you are looking to learn basic skills in making NFTs, you can provide money making services in the Metaverse world.
5- Making money by providing Metaverse services
Another way to earn money from Metaverse is to provide services related to Metaverse. People who enter Metaverse aim to build an avatar or design a home, so they need consulting services. So, you can earn money from Metaverse by providing consulting services in this field. You can use sites like Fiverr and Upwork to provide consulting services. Therefore, all the assets and goods that exist in Metaverse need to be designed and provided services, which are possible on platforms such as Fiverr and Upwork. On these platforms, there are resumes of different people who make different assets and avatars at different prices.
6- Making money from Metaverse by playing
Another way to earn money is using the PARTY TO EARN algorithm , which was launched in the second half of 2021. Currently, the second part of PARTY TO EARN is a way to earn money from Metaverse. That is, by participating in metaverse parties or metaverse celebrations and parties, you can earn money in addition to fun and fun. The PARTY TO EARN ecosystem was launched for the first time in Metaverse environment and the founder of this ecosystem is METACLUB company. To use this environment, you must log in to metaclubsociety.com .
After entering the site, you will get to know the characters, which are 3D NFTs. In fact, after the Corona epidemic , communities were deprived of sociality, celebrations and parties. In the meantime, a group decided to overcome these conditions and possibilities instead of staying at home. This group has about 9999 people and they proposed a new idea that changed the world. These 9999 people are 3D avatars, which are NFTs of 200 different personality types, and by preparing these NFTs, you can enter Metaverse parties.
These NFTs are based on Ethereum and their holders earn money by partying and having fun with celebrities. Further on the site, the roadmap states that three VIP members will be awarded three $10,000 prizes, as well as a Lamborghini Huracan or $250,000 in cash for those who participate in the public offering of NFTs. Award is given. In any case, countless advertising expenses have been made in this direction and great developments will definitely occur in this field.
7- Advertising and creating a competitive environment
In the virtual world, users can imitate real world activities. In Metaverse, there are endless possibilities for users to interact with each other. In-game advertising spending has now become a multi-billion dollar industry. Also, virtual shopping centers and online game environments are primary social spaces for the young generation, where they socialize and collaborate with each other. Metaverse developers are constantly looking to create the most attractive, unique and valuable virtual space, so it can be said that today’s social spaces and the virtual world of Metaverse will eventually become a huge marketing channel.
In this method, the method of making money is quite simple and it is enough for users to install the desired company’s banner and receive a lot of money from the desired company for this. In addition, the YouTube play button can be used instead of a banner, and if land users play in busy areas, they can advertise their YouTube channel or other people. Advertising on other social networks such as Tik Tok and Instagram is another way to earn money from Metaverse.
8- Investing in core technology protocols
As the new dimension of the Internet, Metaverse has created a great business opportunity for users. Most meta switches are currently built on the Ethereum network, which is affected by Ethereum margins and price increases. The purpose of blockchain protocols is to solve problems and reduce costs for Ethereum, and these protocols have strong principles for the growth of the metaverse.