Opportunities in The Virtual Worlds
The opportunities of our real world are becoming less available by the day. We crave new experiences. As we are transitioning to being remote, we are looking for new chances to succeed and have fun. The place many are looking at are virtual worlds.
The most popular of these virtual worlds are Decentraland and Cryptovoxels. These two were built on the Etheruem Blockchain. In them, players are able to create and build on land that they have purchased with their ETH.
That’s where huge success can be made. As more players enter these worlds, they will want to experience new things. They will pay for these new experiences. I’ve see an array of new ideas come about in the worlds.
Decentral Games, an ecosystem of Casinos, is a great example of this. They created a casino for players inside Decentraland, where they can wager for MANA. A twist is added with the introduction of $DG.
$DG is a token that gives you ownership of the Casinos. The community of Decentral Games can own a part of it, and decided together how what route they go in. They can choose where they allocated their money, and what they build next. They can even choose whether they produce more NFTS, or they do not to keep the scarcity high.
Another way of using your $DG is by playing in Casinos, and getting some money back. Because you own a part of Decentral Games, it can act like a stock and create some income for you.
What Decentral Games is built on is LAND. This is where I believe the gold is.
LAND are pieces of the virtual worlds that you can own, and I said before, build on. The casinos are just one idea. You could build stores to sell NFTs, entire video games you can walk into and play, and so much more. People could pay a fee for purchasing your items or playing your games.
You could also apply ideas used in Real Estate, where people pay you rent to used your land or resell it for a profit. I think that’s why virtual land is being snatched up for thousands of dollars. There’s so much you could do with it!
Going back to the idea of games, have you guys heard of Zed Run? It’s a game backed by NFTs, where you can race, trade, and even breed horses. These horses sell for thousands to hundreds of thousands of dollars. You can pay a fee to be a part of the races, and could win a few dollars to thousands.
An interesting thing is happening in these games. New forms of income can be made. There might be people who want to breed a good horse, but don’t know how. If you know how to make a high performing horse, people will pay money for that. Managing other’s stables may become lucrative as well.
I believe that new jobs are going to be made from these virtual worlds. People could working in stores in Decentraland, or renting out parcels in Cryptovoxels. Video Game creators can make money building their games inside these worlds. As more online games come about backed by NFTs, people may pay money to help win more. Ideas from our world can be applied to this new one, and prosper.
Opportunities are being built inside the metaverse, and I cannot wait to see what’s next.
