El metaverse has come to stay, and Decentraland it is one of the most advanced virtual worlds that we can access at the moment. We have already learned how to register on the platform and what its main attractions are. Now that we know the base, it's time to get down to work and learn how we can make money in the metaverse by decentraland.
Table of Contents
One of the easiest ways to make money in Decentraland is invest money in plots (LAND) and sell them later to other users earning a small commission.
We are not talking about speculating for the sake of speculating. You can do this process without actually looking like a complete loan shark. Suppose you spot an area where interesting buildings are being built. In that case, it's not a bad idea to buy a few pieces of land and wait and see what happens. If that area ends up becoming district, your own neighbors will want to contact you so that you can sell them your LAND. The idea is that you buy adjacent land. In this way, your offer will be much more interesting than those of the competition.
At the moment, Decentraland has 90.000 LANDs that function as NFTs. Therefore, it is to be expected that the price of the plots will rise over time. The sales record to date is in 2,43 million.
Create and sell assets
There is a huge list of w in Decentraland, and you too can customize your avatar with your own creations. Part of the appeal of Decentraland is that any user with knowledge of 3D modeling can upload their files to the network and sell them on the market.
If you have talent with programs like Cinema 4D or 3D Max, don't even think about it. Replicate famous products —beware of copyright— or create your own brand if you also have marketing knowledge. In fact, more and more famous brands are joining the Decentraland metaverse to virtually sell their products. Without going any further, in November 2021 the first Metaverse Fashion Week, with brands such as DKNY and Dolce and Gabbana.
Although it is not the most brilliant way to get cryptocurrency in Decentraland, its games are also an alternative to make MANA. In general, Decentraland users can also create their own Minigames, and you can participate to earn NFTs or unique items. If you sell them, you will make a profit.
As is usual in this type of game play-to-earn, you have to invest a lot of money before playing. Our recommendation is that you take a look at the games by watching other players and decide whether or not you deserve to participate.
Work at Decentraland as a Freelancer
The good thing about being self-employed at Decentraland is that you don't have to pay a fee or do the quarterly to give 21% of your profits to Vitalik Buterin.
Decentraland is packed with businesses created by other users, so you can contact them and do a job in exchange for remuneration. Obviously, you can also start your own business, although you may need some advanced knowledge if you think very big. Decentraland has its own Discord. If you join, you can go to channel #hiring to see all kinds of job offers.
Works for Decentral Games
Did you know that Decentral Games is hiring people to do real jobs within the metaverse? For example, you might work as a master of ceremonies at a virtual casino and charge a fixed monthly fee in MANA (equivalent to about $200 per month). In this case, the job requires you to interact with other players, run poker games, and organize events.
Once you gain experience and prove yourself, you'll be able to move up to even higher positions and get more compensation.
Buy and sell MANA
Finally, you can trade your own ERC-20 token of Ethereum that is used in Decentraland as currency. You will have to do it outside of the game, either on an exchange or in DeFi. If you want to invest in MANA safely, use your knowledge of Decentraland to determine when to buy and when it is best to sell. Of course, this is not investment advice, just a general outline of what it would be like to invest based on fundamental information.