You might have heard the names Metaverse and Decentraland. If yes, then you must be knowing that you can generate a lot of money from them. But how? If you are keen to know how to make money in Decentraland, then you have landed in the right place. Remember, Decentraland is not just a game – it’s a Metaverse!
Decentraland was launched in 2017 created by Argentinians Ari Meilich and Esteban Ordino. Its development started in 2015. It is a role-playing metaverse and soon, it will become one the fastest growing as well. In Decentraland, you have the freedom of creating scenes or applications of your choice. Not only this, but you can also explore other users and the best part is the trade. Yes, you can sell your property to earn huge benefits.
This post is all about the different ways on how to make money in Decentraland. After reading this blog you will be acquainted with making money in Decentraland and you can choose the best way for yourself.
So, ending your curiosity, let’s have a look at the ways how to make money in Decentraland.
How To Make Money In Decentraland?
Everyone wants to get rich and generate huge money. It was a bit different and time-consuming in the past. However, it has become an easy task with the digital era, especially after the introduction of Metaverse, where you can be an investor and own digital currency.
Here is the list of six ways by which you can earn a huge fortune without actually doing anything. You don’t need to go out, it’s all online and virtual. So, let’s get started
1. MANA – Holding Or Buying.
An Ethereum token that is used as a currency in games or we can say in-game currency in Decentraland. It is the same as money in real life. If you have to buy anything you have to spend money. Similarly, if you have to buy a plot or any other service in Decentraland this is the currency required.
Also Read: 3 Awesome Things To Do In Decentraland’s Metaverse
2. Jobs In Decentral Games
It may sound crazy right now but it’s true. You can get a job in the Metaverse.
They are hiring for actual jobs inside the Metaverse. It’s quite similar to getting an online job. Just like real-world, once you start gaining experience, you get promoted to higher ranks and get more money.
3. Freelancer Work
This is another parallel universe experience.
If you have got skills you can offer on freelancer and get paid. Just like that, your skills can get you paid in Metaverse as well. Currently trending jobs include 3D modeling, creating wearables, coding, art, marketing, making videos, and much more. Just look for the #hiring job channel on Decentraland Discord for the job posting. This is like helping to build the Metaverse and making money in Decentraland as well.
4. Play-To-Earn Games
If you are a coder or developer and want to know how to make money in Decentraland, then this job is for you.
You can develop a play-to-earn game inside Decentraland. You can win NFTs or other assets from the points which you receive from the games. Then you can make money by selling these assets. Although it takes a good amount of time in gaining points for assets it won’t matter if you are having fun.
Also Read: 6 Top Metaverse Games And Crypto Gaming Projects
5. Create And Sell
Do you know what is the heart of Metaverse Games?
It’s the customization.
Player Avatars are customizable fit their personality and can be further extended by using wearables. You can make money from the Decentraland by designing clothes and wearables that can be sold. Unlike real-life clothes and wearables, the clothes in Decentraland can be designed in a 3D modeling environment.
Also, good marketing skills can land you with more profit. This method of making money in Decentraland is most rewarding.
6. Real Estate | Land
Investing in land is always the best option to earn huge benefits both in the real world as well as in Decentraland. This is also Decentraland’s most common way to earn benefits. When you buy a land parcel in Decentraland your ownership is stored as well as verified by Ethereum blockchain, just like NFTs. Now there are different ways by which you can purchase or sell a land parcel in Decentraland.
The first is from the official Decentraland Marketplace and the other is via third-party NFT using OpenSea. The best thing about real estate is that its valve will only go up. This was done by fixing the quantity of land. There are about 90,000 properties and these won’t change.
Another important feature that resembles real-world estate is that if you own another parcel of land next to your old land parcel then you can combine both into an Estate. Then, you can make bigger developments to increase their valves.
Apart from that land is considered a long-term investment. It might be harder to sell the land once to get out of the position. A single parcel of land costs approximately 6,900 MANA which is around $5,800.
Also Read: How To Buy Virtual Real Estate In Sandbox Metaverse?
Making Money From The Decentralands Virtual Land
As we have already discussed the importance of land in making money from the Decentraland, now let’s discuss different ways by which you can increase the value of your land.
1. Creating Clubs
This is the place where people will pay you to enjoy music, DJs, and perform concerts through their Avatars.
2. Creating Casinos
Casinos are created by voting in Decentral Games Tokens. You can earn currency from other players.
Decentraland provides Decentraland’s software development kit which can be used by developers in making games. This will also increase the value of your land. The most famous Decentraland game is Whac-a-mole.
4. Art Galleries
This is like making an exhibition on your land. Then you can showcase and trade NFT artwork like Crypto Kitties and CryptoPunks.
Also Read: Decentraland Metaverse Fashion Show | Rolling Fashion In The Virtual World!!
Now at this point, you might be well aware of how to make money in Decentraland. We have discussed in detail each and every opportunity of making money in this virtual world which is very similar to the real world.
You will get a salary if you work for a company or as a freelancer. You can also develop games or design clothes to earn profit. There are endless possibilities and players come up with new ideas every now and then. Now if you are thinking about how to invest in the metaverse, here is a guide for you.
Featured Image Credits: SwissBorg