Is it profitable to invest in metaverses?

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The GameFi industry is growing at a very fast rate. So fast that blockchain games news shows the emergence of a more diverse and immersive gameplay experience. Speaking of gameplay experiences, the metaverse (virtual worlds on a blockchain) is ensuring that users get the best of it. Like with regular blockchain games, anyone can invest in them and earn profits.

Worthy of mention is that the metaverse is an extension of NFT games. As such, it also operates the “play to earn” principle.  Asides from playing, these virtual worlds also provide other ways of earning. Just like with gameplay, it offers more opportunities for investing. To prove that it is a profitable investment, let’s examine ways to invest in the metaverse.

How to Invest in the Metaverse

There are multiple ways to invest in blockchain games that have a metaverse. Below are some of the ways to go about doing so

Trading Land Plots

One distinct feature the metaverse has over blockchain games without it is the use of virtual land. Players can purchase these virtual plots. To ensure rarity and value, these plots are limited. Therefore, you can invest in the metaverse by trading on land. Try to get it on the cheap by participating in whitelisting, private sales, etc. Then you can sell them for a much higher price on third-party marketplaces like Opensea.

Trading on Collectible NFTs

Like with Land, you can also earn returns by trading NFT collectables. These types of NFTs may not have any significant use within gaming. However, they are usually very rare and valuable. For example, the Sandbox Alpha Pass does not offer many benefits besides granting users access to the Alpha Season experiences. To understand them better, see them as artworks. Just like other NFTs, you can get them for cheap through private offerings and sell them on Opensea.

Renting out Utility NFTs

Before the advent of the metaverse, there have been scholarships in the NFT games. People will pay for the buy-in of other players. These players will play games, earn rewards and share profits with the investor. You can also do the same with games in the virtual world. You can rent out utility NFTs like Land, Avatars, Weapons, etc. to other gamers. They will pay you from the rewards they earn during gameplay.

Trading Metaverse Tokens

Metaverse tokens are often listed for trading on centralized and decentralized cryptocurrency exchanges. You can trade them as you do with regular blockchain coins. Also, you can also participate in ICO, get them at a bargain and sell them when their value increases.  These types of tokens have solid use cases and will definitely appreciate in price, as long as the project exists.

Playing to Earn Rewards

Like with other games, metaverse games also employ the GameFi principle of earning by engaging in gameplay. You can invest your time and money into playing the game. By engaging in gaming, you will earn more, compared to users playing regular NFT games. Rewards can vary from in-game tokens to even NFTs. Even better, you can trade in these rewards for real money.

Conclusion

However, it is very important to do your own research. When doing that, consider the following factors:

  • In-Game Economy: The in-game economy refers to the financial and reward model that the game operates. It determines if the project will thrive or crash. If a project tilts towards one side, it will not last. The game’s tokenomics must be balanced.
  • Gameplay Experience: Avoid investing in a GameFi project with a poor playing experience. Such games will most likely not last, as nobody will want to play such a game. Unless they are using the reward system to lure players., which is not sustainable.
  • Genre of Game: From research eSports, MMROPG and lifestyle based metaverse games tend to gain value much faster than most others. Their tokens tend to increase in value as well.

As shown above, it is indeed profitable to invest in the metaverse. More so, there are multiple ways to do so.

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