Ellen Britt for CNT #NFT
The metaverse is here to stay, like it or not. But it’s not all pay-to-play or using your hard earned cash to buy virtual bling. Here are the top five ways you can potentially make money in the metaverse.
There are huge opportunities out there for the monetization of the metaverse as it continues to develop and gain users. The revenue from virtual gaming alone is estimated to reach $400 billion (yes billion!!) dollars by 2025 and the metaverse as a whole could generate a whopping one trillion in value by that time.
So how do you get a nice slice of this metaverse pie? Here are five ideas:
One – If you are into gaming and are good at it, you can earn money by participating in play to earn games, such as virtual reality poker and e-sport betting.
Two – Are you talented in the 3D design space? If so, you can use your skills to design and create accessories for gameplay such as swords, sabers or headgear, as well as for things like furniture in virtual houses. Most metavese platforms come with design toolkits that you can use.
Three – As more and more metaverse platforms appear and mature, you’ll have the chance to apply for a freelance gig in the metaverse. Virtual reality tour guides are just one example.
Four – If you have some cash to spare, you can purchase virtual real estate, hold it, and then sell it for a higher price as it appreciates in value.
Five – Instead of selling your virtual land, why not rent out your parcels to developers who want to create buildings, concert halls, commercial buildings and other uses.
These are just a few of the ways you can make money in the metaverse. There are plenty of opportunities if you just keep your eyes open and be ready to take action!