Make Money on the Metaverse: Metaverse is the next big thing and Meta is one of the dominant players in the field. As the future of social media changes, so will the ways of making money on these platforms. So, how will you be able to make money on Metaverse?
Well, there are at least three easy ways you can make money on Metaverse. And you can start preparing yourself now and get to be among the first persons to harness the potential wealth on metaverse.
See Also: Metaverse Teleportation: What it is, how it’ll work and its benefits
How to make money on the Metaverse
1. Sell NFTs and other digital assets
One easy way to make money on metaverse is to sell NFTs. We already explained what NFT is and how it can be used in the metaverse. So, to make money from NFT, you have to be able to create a digital product and users will buy from you.
It does not have to be only products you sell in the metaverse. You can also create an experience space for others to follow, offer advance teaching, and even hold virtual concert for others to attend. All these will be paid services and you can easily make money.
See Also: Meta is bringing new useful features to Facebook, Messenger and Instagram
What you need to start selling NFTs on Metaverse
- You need to have good coding skills
- Know how to create an NFT
- A computer and be creative with your ideas
If you’re no good with programing and coding, don’t worry, there is an even easier way to make money from NFT.
See Also: Uber partners with WhatsApp to make booking rides easier in India
2. Buy and hold metaverse crypto
Since payment will be made digitally on metaverse, it means there will be crypto that will dominate the space. So, you can just buy some of these crypto now and hold them. When demands for these crypto increases, your crypto portfolio will also increase.
This of course will take time and require some level of patience. If you’re planning on going down this route, be sure to make your own research on the crypto to buy. This option is best for those who’re into crypto trade and investment.
See Also: Truecaller’s latest update brings host of new features including Call Recording
3. Playing games
There are already various platforms that rewards gamers for playing games on their platform. In the metaverse, there are going to be even more of such games. Reason because, the game is more real and feels true to life.
So, players will get rewards for playing games and doing some other cool stuffs online. If you’re not a good gamer, you might want to start brushing up your gaming skills.
See Also: Area Busyness: New Google Maps update that helps you avoid Crowded Areas
Truth is, the Metaverse is still a concept that limited by our own thinking right now. There is going to be more ways to make money on the platform other than the three ways listed above. But, the point is, now is the time to start preparing for what the future of social media brings.
Leave a Reply