The term “metaverse” is often referred to as a singular entity called “The Metaverse” (similar to “The Internet”). However, as of right now, there isn’t just one metaverse. There are a variety of metaverse platforms to choose from. The metaverse is often associated with virtual reality (VR) and augmented reality (AR). However, you do not need an expensive VR headset to access the Metaverse. In fact, most metaverse platforms can be accessed using your PC. You may have first heard of the metaverse when Facebook’s CEO Mark Zuckerberg announced that they were changing the name of their parent company to “Meta” and then began investing billions into the metaverse. It’s important to remember that the company “Meta” is not the same thing as the metaverse. They are two different things. In fact, when Mark Zuckerberg made the announcement, he specifically said they were making tools for the metaverse, not making the metaverse itself. [2] X Research source
Flip your property. You can improve or develop the land you have purchased and sell it for a higher price. Alternatively, if the price of land is on the rise, you can just hang on to your property and wait for the value to increase and sell it for a profit. Rent your property. Just like in real life, you can rent out your property to other users and have a steady stream of income. Become a real estate broker. With so much land exchanging hands in the metaverse, a number of people have been able to make money by setting up real estate agencies in the metaverse. They can market and manage real estate deals within the metaverse.
Axie Infinity — Axie Inifinity is an online monster-battling game. Players collect, raise, breed, and battle creatures called “axies. " Axies can then be sold on the marketplace. Axie Infinity does require you to purchase axies to get started. Pegaxy — Pegaxy is a horse-racing game with a digital, crypto-based economy. Players can purchase, raise, and breed horse-like creatures called “pega. " The actual horse racing is completely autonomous with no human control. The player’s role is to choose the pega to race and verify track elements. Pega can be bought and sold on the digital marketplace. Blankos Block Party — In Blankos Block Party, you purchase toy-like characters called Blankos. Then you can level them up and sell them for a profit on the marketplace. You can also host parties for other players to receive rewards. Gods Unchained — Gods Unchained is a tactical card battle game whereby each card and item you earn in-game is minted as an NFT using the Ethereum blockchain. You can purchase and sell your cards and items using the marketplace. [8] X Research source Thetan Arena — Thetan Arena is an online battle game where you assemble a team of thetans to compete against other players. You get three free thetans, but you need to purchase Thetan Coins in order to unlock advanced characters. The more advanced characters can evolve and participate in special events. These special characters can be sold or rented on the marketplace. Star Atlas — Star Atlas is a massive, space exploration game whereby players can earn items on their quest. Items earned in-game are NTFs that are owned by the player. These items can be sold on the marketplace. [9] X Research source
Watch out for scams. Since cryptocurrencies and metaverse platforms are largely unregulated, there is an abundance of scams associated with them. Be extra careful when making purchases on the metaverse or when using cryptocurrency platforms.
