How do you make money in the metaverse?

How do you make money in the metaverse?

Quite the rage these days, the metaverse is a network of 3D virtual worlds that focuses on social connection.

It is a simulated digital environment that uses augmented reality (AR), virtual reality (VR), and blockchain.

In the metaverse, people would be able to create their own avatars.

These avatars would interact with each other using a multitude of tools.

Thanks to non-fungible token (NFT) monetisation, the metaverse has ‘arrived’.

In the metaverse, one can buy a piece of land in the virtual world, which would act as an NFT.

The owner can then sell this, much like in the real world. It is also possible to buy other objects and re-sell them.

Platforms like Decentraland and Sandbox have their own native digital currency, MANA and SAND, respectively, built on the Ethereum blockchain.

As the metaverse grows in popularity, more people are venturing into this metaverse crypto market that is still relatively young.

Thus, the metaverse is all set to replicate real life—be it with financial, emotional, or social matters.