Do you want to invest in the metaverse? Good news: it is entirely possible. The problem is that a lot of people don’t know how it works. Find out everything you need to know before investing in the metaverse.
Here are the major portals where it is possible to buy virtual land: The Sandbox, Decentraland, Somnium Space, Worldwide Webb as well as Cryptovoxels.
Corporations and millionaires spend millions in order to get their share of virtual land. Pavia is an NFT project incorporating one hundred thousand plots of land. The sale of more than 60% of the lots has already been completed. The project uses the Cardano blockchain and offers a powerful community of over 8,700 NFT land owners. Another similar project is called Decentraland (MANA). Now, around 7,000 wallet addresses own nearly 36 million MANA. The latter is highly coveted by financial groups and stars.
It is possible to acquire these NFTs through portals like OpenSea. Auctions are held there. The weak point is that a lot of the starting prices of these NFTs are rather high. Thus, the cheapest land in The Sandbox on OpenSea is, at the time of writing, offered at around 3500 dollars. However, if you manage to get one, be aware that it is possible to rent it from content designers, players and game creators, who are unable to acquire land, but can rent it out. Renting the latter therefore turns out to be a very good way to earn money in the “metaverse”.
There are a multitude of ways to make money in the metaverse. Here’s how.
In order to proceed with the purchase of metaverse assets, it is possible to invest in so-called metaverse games. Here are three examples: SAND, MANA and AXS. If you want to acquire the virtual currencies of these companies, you have to go to a cryptocurrency exchange in order to buy. If you want to enjoy the benefits of this kind of currency without suffering the associated risks, turn to Ethereum (ETH). A relevant solution is the Metavers Index. It allows to know more about the currencies coming from the “metaverse”. Via this index, you will be able to take advantage of all the information on the elements present in the “metaverse”. In order to find the cryptocurrency that best suits you in relation to a possible investment, you know what you have to do!
Many companies want to be major players in the metaverse. Therefore, it may be relevant to acquire their shares on the stock exchange. Discover several:
What shape will the metaverse have? This question no one can clearly answer. It is also not known which companies will be the pillars of this virtual universe. In any case, one thing is certain: the notoriety of metaverses has exploded lately. However, there are still too many unknowns. Thus, the best advice we can give you is to focus on the advances made in this environment. See beyond the most obvious decisions! Plan, envision and anticipate are the key words if you want to make money with the metaverse.
A virtual item is a digital-only representation of a product. It can be a virtual representation of something real or a product that only exists in the virtual. Even if these items are not “real” (in the sense of reality), they are nevertheless enough for (real) human beings to invest and buy them.
To enter this universe, a VR headset is mandatory. It is also possible to use smart glasses. Be sure to choose the tool that best suits the kind of experience you want. These systems give you the ability to fully immerse yourself in the experience. The resulting feeling of immersion is total. Feel free to watch Youtube tutorials to learn how to use a VR headset or smart glasses.
In order to have access and invest in the metaverse, one must acquire an Oculus Quest 2. This is the least expensive VR headset. If you want to test it, we advise you to take this one. In addition, be aware that it is possible to play the metaverse through applications and games, which will give you the opportunity to discover a universe apart without having to make a substantial investment. To enter the metaverse, in addition to the equipment, a high-performance WiFi connection is necessary. When you have access to the latter, you will be able to enter this virtual world.
Here are the major actions to take in order to buy virtual land to invest in the metaverse.
You cannot acquire digital real estate in real euros or dollars. For this, virtual currencies are needed. The first action to perform is to set up your digital wallet (there are many) to then acquire virtual land with the appropriate coins. In order to choose a portfolio that suits you, use a recent comparison. Type in your search engine: Comparative 2022 digital wallets.
When the digital wallet is set up correctly, you have different options for acquiring land. You can choose to buy a property directly from a metaverse platform, such as Decentraland or Sandbox. The second solution is to use a third-party platform. If you are a new investor, we recommend that you go through this solution.
In the real world, buying a property is often a real obstacle course. However, with digital real estate, this is much simpler. Once you have found what you came for, just click on it and proceed with the purchase. Do not hesitate to invest in the metaverse!