5 Ways To Make Money In The Metaverse

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Popularised by video games and fiction movies, the metaverse refers to a digital platform focused on virtual and augmented reality where users can interact with each other within a code-generated environment. It is actually supposed to be a network of such universes that are ever-expanding and doesn't really have an end. After Facebook rebranded itself as "META" everyone has gone crazy to know how this new technology will shape the world. It is definitely the future of social media, gaming, and basically, everything that comes in between or Beyond. It's a universal technology and with enough creativity, it can become anything we want it to be. Businesses now have the opportunity to reinvent consumer experiences and change the way how they design their product and services. Metaverse possesses endless opportunities for everyone to collaborate with each other and grow.

In this blog, we are going to explore ways to make money in the Metaverse and understand how anyone can benefit from this trend in Crypto.

Are you ready to make some money?

Who isn't? 😂

Make Money In The Metaverse

With the inclusion of Crypto & Blockchain technologies, such platforms can provide different ways to make money and even earn passive income. Anyone from anywhere in the world can explore these opportunities. Let's explore some of them:

  1. Virtual Land Investment: This is the most common way of making money in the metaverse. You can buy and trade virtual land or even rent it to other users who want to build something on it. It's better than buying Real Estate in the real world because no paperwork, no maintenance and you don't have to knock on the doors of your tenants for rent. In the metaverse, it is all handled and automated by the technology.
  2. Sell Meta Experience: You can create Metaverse experiences like NFT art galleries or music concerts. That way you can sell tickets or charge an entry fee to other users and earn money. Make them more interactive and immersive so that people would actually want to visit your part of the Metaverse and ready to pay top dollar for it.
  3. Play 2 Earn Games: Most metaverse platforms offer you opportunities to earn crypto for playing the games. You can buy and own NFTs within the game that could be used to level up and make you more money as you progress. Traditionally most gamers do not earn much from their unique gaming skills but now they can.
  4. Advertisement: Many brands related to crypto, DeFi & NFT domains are looking to promote their products & services. If you own a piece of land on a famous platform that has thousands of daily active users, then you can sell your space for advertisements. It's a great way to earn passive income that could increase over time depending upon the demand.
  5. Create & Sell NFTs: Metaverse platforms like Decentraland and Sandbox provide tools and technology to make your 3D NFTs, Avatars, and even full-fledged Digital Worlds. You can sell them to other players who might want to collect them as art or use them in their Metaverse experience.

I am personally interested in virtual land investment and looking at various platforms to create my Digital Real Estate Empire. Recently invested in a PLOT in the most popular P2E game Splinterlands. What's your favorite pick out of the above? Comment below!



https://leofinance.io/@finguru

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Not financial advice. For infotainment purposes only.

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Whoever is directly controlling the V2K told me to kill myself.
They told me if I killed myself now it would save the lives of countless others.
Saying the longer I wait to kill myself the more people will suffer.


They are reckless and should have shown the proper media what they had before taking me hostage for 5 years. I know there are many in prison that dont deserve to be there because of this. Your stay in prison will not be fun @battleaxe and friends. People are going to want you dead when they find out what you did. I hope you die a slow painful death. You sick mother fuckers.

https://peakd.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem

Its a terrorist act on American soil while some say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic and foreign threat. Ask informed soldiers in the American military what their oath is and tell them about the day you asked me why. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control with ill intent. How do we protect locked up soldiers from telling the truth?
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Whoever is directly controlling the V2K told me to kill myself.
They told me if I killed myself now it would save the lives of countless others.
Saying the longer I wait to kill myself the more people will suffer.


They are reckless and should have shown the proper media what they had before taking me hostage for 5 years. I know there are many in prison that dont deserve to be there because of this. Your stay in prison will not be fun @battleaxe and friends. People are going to want you dead when they find out what you did. I hope you die a slow painful death. You sick mother fuckers.

https://peakd.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem

Its a terrorist act on American soil while some say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic and foreign threat. Ask informed soldiers in the American military what their oath is and tell them about the day you asked me why. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control with ill intent. How do we protect locked up soldiers from telling the truth?
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Whoever is directly controlling the V2K told me to kill myself.
They told me if I killed myself now it would save the lives of countless others.
Saying the longer I wait to kill myself the more people will suffer.


They are reckless and should have shown the proper media what they had before taking me hostage for 5 years. I know there are many in prison that dont deserve to be there because of this. Your stay in prison will not be fun @battleaxe and friends. People are going to want you dead when they find out what you did. I hope you die a slow painful death. You sick mother fuckers.

https://peakd.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem

Its a terrorist act on American soil while some say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic and foreign threat. Ask informed soldiers in the American military what their oath is and tell them about the day you asked me why. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control with ill intent. How do we protect locked up soldiers from telling the truth?
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Virtual land is where it's at, still trying to put some money together for Splinterlands land but I know it will be a great investment

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Yes mate. I am quite hopeful for Splinterlands. Right now the price is hovering between $200-$250. Seems like a great time to buy. :)) I will try sweeping another by the end of this month.

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I missed your purchase post...congrats on that. I got in around $800 lol but I ain’t even bothered. I’ve got it, I’ve got it.

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Haha. No problem mate. I am pretty sure it will give you 3-5x returns easily. Buy 1 or 2 now if you can to average out.

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I'm only doing some play2earn stuff. I cant really invest. Seems too risky

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Yes, it is risky. You never know how the markets will behave 2 years from now. That's why I am only sticking to the popular platforms that could pass the test of time.

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It's hard to pick them but some will force their way there because celebrities will buy there way there. Bored Ape might get there believe it or not. All these crappy cryptos lol. I wish it were all hive based but we are such a secret to the world.

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Yes, there are so many out there right now. 99% of them will go to zero. You need to be very smart and lucky to get the one that doesn't go to zero

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no paperwork, no maintenance and you don't have to knock on the doors of your tenants for rent.

Lol I like this part, I was actually thinking about this the other day, if am not mistaken I mentioned it in a recent post I wrote about digital vs physical assets.
I like the fact there's no maintenance for owning digital land and of course no troublesome tenants to deal with each time its time to pay off.

Isn't it better dealing with codes than humans?

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Haha. I feel you mate. It's definitely better to deal with code. But I like humans too. Code makes our lives easier so that we can have meaningful quality interactions with our loved ones. Not waste time on-call or 1-on-1 with so many different people for work.

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Is your investment in PLOT for Splinterlands for in-game purposes, or is it for non-game purposes such as providing a place for ad space?

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I don't play the game Magna. So it is only for investment purposes. Would love to rent it whenever that functionality comes.

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Land sounds very lucrative but I don't really think the land will be that important. Could you get an edge? Yes, it could but once VR/AR takes off, won't there be as much land as people want to generate? Sure games could make it finite but I think that lowers down what the user can do within that game.

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I think what's going to happen is the same thing that's happened in web 2. Platforms will mostly dominate. Anyone will be able to create anything just like you are free to go create a website and hope someone comes to it. But if you want to find people, the easiest way is to go where people are already. Where they already have a reason to be.

Just like opening a restaurant in a tourist area instead of in the middle of nowhere.

You also go to where services and infrastructure are that you can benefit from. Where arbitration can take place if needed. A place where a DAO has already set the rules that you know you can live and thrive within.

We like structure. We like profit. We like to be part of communities. And part of the attraction to these communities starts with scarcity. Fear and greed and finding your place before someone else takes it.

That's why I think land will matter.

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It could if that was the main Hub for the world but I don't really think many of them will. At least the metaverse hype itself right now doesn't really show me that it has that potential. The issue I see is that the land themselves is linked to a project.

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Right now everyone is trying to do the same things in anticipation of some future demand. Every project has land and at least one token. I think in time 90% those will fail.

To keep credibility(and for ease of development), many projects will ditch the strategy of having their own land and token and will just exist inside someone else's economy/world that's already popular and trusted.

Over time I think a lot of the elements of various digital worlds/games will combine and we won't think too much about them being connected to one project. It'll just be a place you go with all sorts of stuff happening. Especially for the kids who after just a few years will have no memories of this being psyberx and this being Splinterlands and this being decentraland. Its just a place they've always gone to do various things.

If you can grab land in one of the winners, it's going to be quite valuable. But most will go to zero.

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I am buying Digital Land in the hope to see its price appreciating in the future when more use cases are developed. Scarcity helps in price rise but you are right, it also negatively affects the players' and investors' interests.

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Should I take the plunge and buy a founder starter pack on PsyberX?

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If you are a fool like me, @olebulls and @dagger212 then do it. 🙈

Ole & Dagger are even bigger fools because they are Land Barons and also own commerical plot which is worth 1500 HBD/HIVE or 500k LVL Tokens, I guess.

Starter Kit is 100 HIVE or 100 HBD right now. Once the marketplace launches (13th may) the price will 3x and you won't get the 2 extra NFTs apart from the land in the kit.

Read this: https://leofinance.io/@psyberx/how-to-buy-a-starter-kit-before-theyre-gone

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Haha!

This made me buy another one yesturday, lol:

Starter Kit is 100 HIVE or 100 HBD right now. Once the marketplace launches (13th may) the price will 3x and you won't get the 2 extra NFTs apart from the land in the kit.

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I have an interest in virtual land too. Right now the closest thing known to a virtual hand is my Dcrop farm and that doesn't even count.

Splinterlands land isn't wallet wrecking expensive but they cost a pretty penny and I think the last time I did some research I found that they can only be bought from second parties coz on the game they are all sold out. I don't know if there's an update on that.

Lands are a big deal. I think sometime last year a plot of and on Anxie infinity got sold for up to a million dollars. It was the biggest sale yet.

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Splinterlands land isn't wallet wrecking expensive but they cost a pretty penny and I think the last time I did some research I found that they can only be bought from second parties coz on the game they are all sold out. I don't know if there's an update on that.

You are right, they can be bought from Hive-Engine or from WAX's marketplace.

Lands are a big deal. I think sometime last year a plot of and on Anxie infinity got sold for up to a million dollars. It was the biggest sale yet.

I have heard about insane Land sale stories too. That is why I am so much interested in them. Right now the PLOT in splinterlands is at its lowest price in months which is why I grabbed one. Save blogging money and buy one if you can.

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I wish all of this landlording was automated. Finding someone to rent my Decentraland plot for instance means knocking on doors to make sure I get paid still.

I wonder if they'll ever go the way of games and have it built in? Probably not until Ethereum gets their act together. With unpredictable fees, an automatic rental market is hard to set up.

!PGM
!WINE

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In Splinterlands renting is mostly automated. You just have to list your land and someone will automatically pick it up for the duration they want and rent will be credited to your account. A similar thing is going to be implemented on all platforms.

All ethereum platforms are going towards gasless model or adopting L2 like Polygon. But you are right, Ethereum's fees need to go down. 😂

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Decentraland adopted polygon for player created wearables almost a year ago now but not for anything that already existed in the world like land, older wearables, or even newly minted names. That's all still stuck on ETH. Plus you have to pay eth fees to get your mana off eth and onto polygon or back to Eth from polygon.

I've been waiting for Eth to fix their gas problems since 2017 when Cryptokitties broke them and they promised a fix was right around the corner.

Not holding my breath. !LOLZ

I think a lot of these platforms might just die by their choice to set up on Eth but I really hope it doesn't come down to that as there are so many better chains they could port to.

I'm pretty familiar with the Splinterlands rental system. It would be amazing if other platforms did that. But again, eth...

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Sorry mate but you and I in the same boat. ETH is not going to see any major reductions in gas fees anytime soon. They keep pushing their transition to POS. :D

This is why I don't play most of these games, only invest in the rare NFTs with use cases. I think Sandbox is doing a better job than Decentraland. Have you tried it? If you do more than 1 transaction a day on ETH, you will get burned. I also look for other projects on Polygon where GAS fees is low. Checkout Blocktopia if you can.

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I don't think they are ever going to make the transition. I think them, Cardano, and Solana are all on borrowed time. I've always kind of thought Eth is going to have one more insane hurrah higher and then people are going to realize its unsustainable nature and its going to sell off and never come back. Many projects will stay on it but its growth will fall off and it will become dwarfed as the industry moves on and grows.

I have looked at sandbox a little and I agree they are doing a better job. They've attracted more of the gaming community and celebrities which is going to be important. Decentraland is currently museums and one-off events. I should check out some other platforms but I got to Decentraland first and I just haven't had the mental bandwidth to deep dive any other ones.

I'll look at Blocktopia

!HBIT

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Next level methods of earning. Buying lands in the metaverse is kinda scary but I've seen some who made good profits from doing so.

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Yeah. It's highly risky and scary too. You have to have a heart of steel. 💟

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Yes, that's for the hardcore guys like you hehe, but I think it the project is really good then the risk is minimized.

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Haha. I am still learning but by the end of this year, I should become the hardcore guy you think I am. 🙈 At least in this area.

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It would be great having a land on splinterlands… presently, i am trying to gather money for psyberX land but seems i would add splinterlands to it

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Awesome brooo!!! If you have money to buy one then I would suggest going for Splinterlands PLOT, it's quite cheap right now. Might go down even further since the land gameplay is still a year away.

But if you can spare a 100 HIVE or 100 HBD more, buy the founder starter kit of PsyberX where you will get a land plus two bonus NFTs.

Check this: https://leofinance.io/@psyberx/how-to-buy-a-starter-kit-before-theyre-gone

The choice is yours :')

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Haven’t looked into this at all, but I understand some can have great earnings on land / playing the games. Another great example of earnings in other levels.
I leave it for the others… but still nice to read up about it once in a while.
Great post!

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Thank you so much @littlebee4. Crypto is full of such earning opportunities. It's a wild wild place :))

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You are welcome @finguru 😊
It’s a wild Wild West indeed hahaha

To much people can invest in so much nowadays, it is wise to choose though, the ones that are near your heart and you can fully support.
Games and the likes is not for me. But there are so much other great opportunities out there.
But understanding them a bit is still good for the overall understanding from what is going on around me (someone).

Have a great day!

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The land seems to be the best opportunity to generate profits. It requires, if I think, a reasonable waiting time to get the most out of it. Very interesting and simple, but a complete guide. Greetings.

!HBIT

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Thank you so much mate. You are absolutely right, it makes time to get those juicy returns. Totally worth it. :))

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I m in for the Lands and the NFTs, I could learn to host a music concert too.

It's beautiful to see how things are turning out

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That'd be amazing mate. I would love to attend your concert!

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There's now so many ways to make money. I want to be able to create nfts, perhaps sell some of it !

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You can do it mate! Just check out Sandbox. They provide tools to create 3D NFTs that you can sell in the internal market or on Opensea.

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Land investment and p2e games does goes with me. Have not tried the other yet but hopefully someday!

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All the best mate. I am not that much into gaming but most of the lucrative virtual estate opportunities are in the gaming metaverses. 🚀

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You remind me of my old days. Tbh I still do not like playing games but SL and all the investments got me into likings in this sorts of game. I guess we change under circumstances.

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