How come? By being in the limelight, even as the crypto market is still in the midst of a price correction storm, the sector continues to benefit user
ScienceLovers - The popularity of the metaverse sector continues to capture the attention of both novice and professional investors, as it has become one of the most fertile fields in the crypto industry today.
How come? By being in the limelight, even as the crypto market is still in the midst of a price correction storm, the sector continues to benefit users who have made good use of every “crack”.
Making Money on Metaverse
Of course, apart from giving a new face in terms of socializing, playing, working and doing business compared to today's social media services, the metaverse also allows users to make money from it.
There are a number of surefire ways to make money in this sector, but here's a more general and less skillful way to make money in the metaverse.
Owning Property in Metaverse
This is an excellent way to make fantastic amounts of money, but it does require quite a bit of upfront capital to get started.
Owned property, such as a building, for example, you can rent out to other users, or open advertising space for use by real-world businesses.
This is a great passive income potential, because you can still earn a lot of money if you sell your property one day.
Not to worry, the property available on the metaverse platform that uses the blockchain will become an NFT asset. This means that your ownership will be legal and recorded in the network. No one can arbitrarily claim your ownership.
Investing in His Digital “Money” (Token)
If your capital is still not sufficient to own virtual properties in the metaverse, then investing in crypto assets (tokens) is arguably the easier step.
By looking at the prospects present in some metaverse projects, you can buy the tokens to expect future price increases.
For example, the Decentraland (MANA) token which has jumped dramatically since its inception. This token had appreciated 1,000 percent before the price crash in November 2021.
Of course, the price has more potential to bounce back because this sector is still very early on its way.
What's more, investing in metaverse tokens can allow you to log into more than one token. It can be like a kind of investment product that you build yourself to make a profit in this sector.
Playing the Game
In addition to the two general methods above, playing the game regularly can also give you a pretty promising income.
Requires a little capital at the beginning, playing games that carry the concept of play-to-earn (P2E) will make playing a useful activity.
For example, playing the games SandBox and Axie Infinity will allow you to earn quite an attractive monthly income.
There are still many ways to make money in this sector, but it requires some special skills like designing and selling NFTs. However, of course not everyone can do it.