How Investors Can Build Sustainable Incomes in the Metaverse

A metaverse is a digital form of reality. It uses AR, VR, and other technologies to support human interactions across the globe. Basically, with the Metaverse, you can interact with other people from the opposite side of the world in real-time and even feel the environment. 

Aside from fostering human interactions, the Metaverse has also been a way for investors to build sustainable incomes. But how? Here are five major ways. 

Play to Earn in Metaverse!

One of the ways to generate sustainable incomes in the metaverse space is Play to earn. The concept of P2E has majorly popularized the idea of the Metaverse. The gamers play a game within the Metaverse and earn some income.

In the Metaverse, you can find different types of games, either 3D or 2D. In P2E, the gamer is often required to purchase an NFT or multiple NFTs to start playing. 

When playing, there are different ways to earn some income. For instance, gamers can garner in-game collectibles and sell them in the marketplace. Winning games and leveling up could also generate rewards for the gamer. P2E combines NFT lending, staking, and many other activities that can help build sustainable incomes. Games like Splinterlands, Gods Unchained, Town Star, Thetan Arena, and many others are good P2E games. 

Providing Metaverse Related Services

The Metaverse was conceived just a few years ago. Technologies used in Metaverse require some degree of actual knowledge of the blockchain space. Hence the need for service providers within the Metaverse space. These service providers help make the work of rookies and experts easy.  

One of the most prevalent services is cyber security. Blockchain projects lose millions annually from attacks. Therefore, providing cyber security assistance to Metaverse projects is a marketable service.

You can offer creative services. For instance, Metaverse projects need whitepapers and other pieces of content. Hence you can invest in creating such and make a fortune. You can also write other pieces of content about Metaverse for third-party web pages.

Developers can get jobs to create avatars for Decentraland, Sandbox, and other Metaverses on Fiver.com. In the Metaverse, people want to build things on their lands. They include structures like Casinos, museums, malls, theme parks, and others. 

Landowners will repeatedly need service providers for such constructions, and as such, you can make money by providing the services. Building and construction works require some knowledge in creating NFTs. 

Minting and Selling NFTs

Another excellent way to earn and make sustainable incomes within the Metaverse is by minting and selling NFTs. NFTs are among the most fundamental assets within the Metaverse. Why?NFTs can produce special characters within the Metaverse as a unique class of assets. 

The Metaverse allows you to create personalized avatars and perform other tasks in the Metaverse. These avatars are NFTs. Wearables in Decentraland are NFTs; you can sell such. Why don't you invest in creating Decentraland wearables?

You can also purchase the already minted NFTs and sell them. Once you purchase an NFT, it gains value, and you can sell it to the next person at a profit. Hence, creating NFTs or trading them within the Metaverse is an excellent way to generate sustainable incomes. 

Virtual Real Estate

Yes, real estate has, for decades or maybe centuries, been one of the best ways for investors to build their wealth. It is one of the few investment opportunities that offer perpetual profits, regardless of the situation around financial markets. 

Now, the concept of real estate is already in the Metaverse, with the estates being referred to as spaces. The Metaverse has pieces of land. After purchasing your parcel of land in the Metaverse, you can rent it out for perpetual gains. Buying and selling or renting land is an excellent option to earn income in Metaverse. 

But, there is always the option of developing this land. You can split the land into cubes and develop it with buildings like art exhibition centers, retail shops, museums, lounges, and many other spaces. The land is an NFT. The developments are also NFTs. Trading or even renting these NFTs could also be a good income source.  

Invest in Metaverse Tokens

Finally, invest in metaverse tokens. So, metaverse tokens are types of crypto tokens that represent a small share in a particular metaverse. Holders of such tokens can trade them out and hold them as the prices continually rise. 

For instance, in the Decentraland metaverse, a native crypto token is MANA. Sandbox also has its native token, SAND, which trades in markets and helps in different activities. These tokens mean the holder can participate in governance and development tasks in many cases. 

Here is a list of all metaverse tokens, and some research can show you where you can trade them. You can follow the prices charts of those tokens in Coinmarketcap, and you will notice that the coins are suitable investments. For instance, MANA doubled in price between 2021 and 2022, while SAND nearly tripled.

Conclusion

This guide has discussed the most popular ways investors can build sustainable incomes within the Metaverse. They include P2E, selling NFTs, virtual real estate, trading metaverse tokens, and offering metaverse support services. The five ways are proven to bring good incomes. You can diversify your investments by choosing multiple investment options discussed.

However, the Metaverse is still a new concept. There will be more openings for people to participate, invest, and earn sustainable incomes within the Metaverse in the next few years.