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How to make money in the metaverse
As we mentioned already, you can own, buy, and sell digital assets in the metaverse. That’s like having a whole new financial ecosystem if you think about it.
And the key element of this financial system is none other than crypto.
Now, cryptocurrencies aren’t exactly a new phenomenon, but the use of crypto tokens as a medium of exchange is relatively new.
So, in this article we will be focusing on how users can get crypto in the metaverse.
First off, there is more than one way to earn crypto in the metaverse. But don’t worry, it’s all quite straightforward.
One way is to convert a fiat currency such as USD or GBP into a cryptocurrency such as BTC or ETH, and access your crypto wallet through the metaverse.
Another way is to start a business inside the metaverse itself and generate revenue in the form of crypto. In fact, more and more people are forsaking their real-life jobs to start virtual businesses that generate income.
Finally, some metaverse worlds or games will have the option of staking your crypto holdings in an attempt to get more coins as rewards.
Decentraland’s MANA and Sandbox’s SAND tokens are among the first and main cryptocurrencies used in virtual worlds.
But this is only the beginning. As you may have already guessed, there’s no way of telling how many digital worlds and cryptocurrencies will be created for the metaverse in the future.
