#Metaverse #Crypto #NFT #MakeMoneyWithMetaverse #HowToEARnMORe#OnlineJobs #BestSideHustle #makemoneyonline #howtomakemoneyonline #Millionaire Habits #howtobecomemillionaire #RichPeople How To Make Money With The Metaverse , Crypto , NFT , As A Beginner – 2022 (Easy 10 Minute Guide)
Technological advances are exploding out of control, and enormous sums of money are being exchanged. Artists and small businesses are being hailed as forerunners of a new era. You’d be forgiven if you didn’t know everything. The phenomenon I’m describing takes place in a parallel universe.
The “metaverse” is a merging of our physical and digital lives brought on by advances in internet connectivity, augmented reality/virtual reality, and blockchain. It’s the conclusion of all of our science fiction fantasies—what ‘Tron’ and ‘Ready Player One’ envisioned, but which is already happening.
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If it sounds exciting to you, it’s no surprise that people are investing heavily in the field. That the non-fungible token, the metaverse’s preferred currency, has secured over $400 million in funding (or NFT). The most expensive NFT transactions in history, as well as a monthly turnover of $40 million, have all occurred in the recent few months. Christie’s sold a piece of Beeple’s digital work for more than $69 million via NFT last week. Maybe you’re still startled. After all, that’s a lot of money in a market that perhaps 99 percent of the world’s population is unaware of. We may look to prominent businesses in the space—what they have to offer—and entrepreneurs—what they have to say—to understand why this area is drawing so much interest. These people were in on the ground floor before the boom, with insights that the rest of us are only now learning about.
Why is the Metaverse Blowing up?
Many people don’t understand Upland by any traditional metric. It’s more than a virtual game; it’s a communal experience, but why are tens of thousands of people spending their hard-earned money on it? One reason could be that it’s so unusual.
Upland is a decentralized application (dApp) that allows users to purchase, sell, and trade virtual real estate using real-world maps. You may go to Upland in New York City to see who owns the Empire State Building or the New York Stock Exchange, for example. If you have enough in-game currency, you can even bid for them yourself.
This concept is intriguing on its own. But it’s the way Upland’s in-game economy operates that makes it more than just a toy. Players begin by purchasing UPX, the native token, using fiat money to begin purchasing their first properties. Over time, as Upland grows more popular, market prices for these properties will naturally rise. Virtual landlords have the option of hodling or cashing out for fiat. Despite the fact that Upland homes are virtual, they are extremely real investment assets. Consider the New York Stock Exchange. In comparison to other Upland properties, you’d think the Stock Exchange could bring a decent amount of UPX. But do you think it’s worth the entire $23,000? That’s how much it sold for in December of last year. It is now even more valuable.
Even still, the financial aspect of Upland’s attractiveness does not entirely convey it. For this story, we spoke with Dirk Lueth, one of the platform’s co-founders, to get the full picture. We asked him not just how much money players can make on his platform, but also what they like about it. He narrowed it down to five factors: Finding characteristics with a specific meaning, value, or emotional attachment is a lot of fun. It gives me great pleasure to flip houses. Making friends and having fun in the neighbourhood, Finding folks that share your interests, I’m excited about the prospect of rebuilding the world and making a life in it.
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DISCLAIMER: It’s important to note that I am not a financial adviser and you should do your own research when picking stocks to invest in. These are just some of my viewpoints, by no means would I recommend watching one YouTube video and then immediately buying that stock. This video was made for educational and entertainment purposes only. Consult your financial adviser.