7 Metaverse Ideas That Can Make You Real Money

*All of the following is for informational purposes, not financial advice.

With every new idea, there is a gold rush that follows. This newest advancement in the digital world is attracting a lot of attention from those who follow new opportunities, from big tech companies to very forward-thinking individuals. Here are the best seven metaverse ideas that can make you real money today.

Metaverse ideas that can make you real money are making NFTs, virtual real estate, advertising, high-profile fashion, virtual businesses, gaming, and quality assurance testing. Let’s explore these ideas further.

Making NFTs

Just as a brief overview, NFT stands for Non-Fungible Token, a digital proof of authenticity of online art pieces. NFTs can be:

Pieces of art
Music
Collectible cards

Alongside many other kinds of commodities. Each token is placed onto the blockchain, creating a digital receipt to validate its authenticity.

NFTs are taking off right now, with there being some very famous and mainstream collections of NFTs, such as the Bored Ape Yacht Club and CryptoPunk, making bank from their little pictures.

If you would like to make some of your own NFTs, many online tutorials will help you along in this goal. If you don’t feel like making your own, then there are other options, such as opening your own NFT art gallery and selling someone else’s artwork, sharing the profits, or even advising those who would like to begin their own NFT journey.

Virtual Real Estate

Every time a new space opens up, people rush to buy portions of this new space. Usually, this is a new property on a physical plot of land, but in the metaverse, these are plots of digital real estate. There are a number of metaverses that are selling plots of digital real estate right now, such as:

Decentraland
Axie Infinity
The Sandbox

The ways to make money off metaverse real estate are very similar to the methods of making money in the real world.

You can flip the digital real estate by purchasing digital properties or plots of virtual land and then selling them to a new buyer for a higher price, keeping the difference at profit.

You could also broker virtual real estate – with the rush of people trying to buy virtual real estate, there is an open market for those who would run real estate companies. Connecting buyers and sellers, or even giving advice, could help you earn a big commission.

There is also the option of renting. You can buy many kinds of properties:

Plot of land
Build a house
Commercial building

And then rent them out to willing tenants. You can also use your property for advertising for an extra buck.

Becoming a real estate manager can be another way to capitalize on your knowledge of metaverse real estate. You would be in charge of other people’s properties, seeing if they are used to their greatest potential and overseeing them.

Finally, if you’re creative, you could become a designer. Designing new metaverse buildings can be quite lucrative if you know how to monopolize it right, with large commercial buildings especially needing talented 3D designers. Some of these buildings include:

Shopping mall
Stadium
Theatres
Private Property

If you can become a designer and get ahead of the curve, you could sit atop a gold mine.

Put Up Advertising

Big tech companies are becoming interested in the metaverse and are trying to have a presence in virtual worlds. The metaverse is expected to become a massive advertising and marketing platform. This metaverse idea that can make you real money is all about advertising space. If you have advertising space, you might be able to make a pretty penny from it.

High-Profile Fashion

High-class fashion brands, such as Gucci and Louis Vuitton, are beginning to experiment with NFT clothing lines to expand their brands, which has already been very successful. There have also been gaming brand collaborations, such as Valentino X Animal Crossing and Burberry X Blankos Block Party, which have succeeded with their character/avatar dress-up.

But you don’t need to be on the same level as Gucci to sell your own fashion. If you enjoy dressing up your online avatars and allowing your friends to dress up theirs, you might have a potential business venture.

Entrepreneurship

As we have mentioned before, the metaverse is a booming place for advertisement and business. There are a lot of people who are checking it out, and the number of users is expected to grow.

This leaves an open opportunity for business people – opening a virtual store in the metaverse is easier than opening a brick-and-mortar store, and the possibilities for business are infinite.

Gaming

Gaming may be the industry that has embraced the metaverse wholeheartedly, with now famous and mainstream games having presences in the metaverse, such as:

Fortnite
Roblox

Some games are even being built solely around the metaverse, such as Wild Work’s Cinder, where users must buy an NFT avatar to play the game.

Whether playing blockchain-based games or simply putting money into metaverse activities, users are able to earn and trade in-game assets for real-world tokens. You could build your own game for others to play or find a job helping these games succeed in various roles – whether developer, marketer, artist, or more.

Quality Assurance Tester

With the metaverse still in its budding stages, there will soon be a lot of new products appearing in the virtual space – and these products will need testing to ensure they function properly and keep up to speed. If you can jump on the bandwagon early, then you could be the person to offer valuable feedback – and earn a little money while doing so.

Conclusion

The metaverse is still in its exciting early stages. With all of the many metaverse ideas that can make you real money, lucrative opportunities can be found by those willing to be early getting in. This may include making and selling NFTs, many variations of selling real estate, putting up advertising, selling fashion, growing your business, making a game, or becoming a quality assurance tester. The metaverse is continuing to develop and grow, so now is the perfect time to jump in on any of these opportunities if you are interested in making money in the metaverse.

Good job furthering your cryptocurrency knowledge. Keep reading by clicking here to learn about the Metaverse: Its Current State and Bright Future.