5 Ways to Make Money On Metaverse

Metaverse is a community platform that uses Augmented Reality (AR) technology that allows individuals to interact and connect with each other. Where, people can meet, work, play, travel online or go to virtual concerts, try on digital clothes to buy and create or just browse art, using virtual reality headsets, augmented reality glasses, smartphone apps and or other device. There are several ways to make money from the metaverse, including:

1. CREATE NFT
Of course, you guys already know NFT well. There are several opportunities to make money on Metaverse like running an NFT Gallery, or just selling someone else's NFT and you'll earn commissions, or becoming an art NFT broker.
There are many tutorials on how to make NFT out there or you can also read my previous thread: How to Create and Sale NFT on OpenSea or you can also visit: 9 Ways to Make Money with NFT

2. REAL ESTATE
In several metaverse platforms such as Sandbox, Axie Infinity and Decentraland. So you can take this opportunity to make money in several ways such as:

• Real estate flipping: It is a form of virtual real estate investing where you buy land or property kept for some time and you sell when the price is high and you will get profit margin.
• Real estate brokering: Become an intermediary to connect buyers and sellers for which you will earn commissions.
• Renting, is an effort to rent out the real estate that you own, or you can also use your property for rent as a place for advertising.

3. ADVERTISING
Companies can use the metaverse as a second advertising platform. It won't be much different from the real world, in the metaverse we can also buy advertising billboard spots, which will be seen by gamers and explorers of the metaverse world. To my knowledge, there are currently only sales of the Somnium Space metaverse advertising billboard. We can also open a virtual supermall or we just sell virtual reality ads. Because the visitors to the metaverse are increasing, attracting consumers through advertisements in the metaverse is very potential.

4. BUSINESS CREATION
There are tons of business opportunities to make money in the metaverse,
You can also host music and entertainment concerts, organize weddings, or open an NFT collection store, sports etc.

5. FASHION
Metaverse users or the avatars that represent them need to look cool, the digital clothes worn by avatars can also be symbols and status of their users. In addition to fashion can be used on personal avatars can also be used as an investment. Especially if you understand about fashion design, so you can make different models.

 

[Jasmine]

You did not mention about Play-To-Earn Games. One of the best and also the most interesting and exciting ways to benefit from Metaverse is by plying blockchain based games or NFT games to be precise. Decentralnd is undoubtedly the most valuable metaverse. The native token of decentraland is the number one meta verse token according to market cap. The second most valuable taken is SAND, which also happens to be token of metaverse called sandbox. When you play these metaverse games, you can profit in numerous ways, one, you create and collect NFTs, two, you earn crypto tokens by monetizing your items and activities. Some of these metaverse requires some serious investment, for example, in order to start playing on decentraland, you need to invest at least 100 mana tokens. You will then use these tokens to buy LAND, which is virtual land and also an NFT. You can later sell your Land NFT and earn Mana tokens, you can also earn mana tokens through other activities. However, these are also completey free metverse. For instance The Sandbox is a free metaverse. Despite being free platform, you can use it to earn tokens and NFTs. This is a sandbox based metaverse game.

 

[Suba]

@Jasmine. Thanks for your correction and for completing my thread.
Metaverse game is most played and very popular but I have forgotten, even many games can make virtual money, or crypto. including: Fornite, Crypto Dynasty, Play Together, Chaotic War 3, Oasis - Start Your Second Life, Crypto Idle Miner, Roblox etc.