Is it possible to earn a full-time living in the metaverse?

Is it possible to earn a full-time living in the metaverse? Why get a real-life job when you could just sit at home and make all your money in the digital world?

Companies like Facebook, Sandbox and Decentraland spending billions of dollars racing to see who can create the ultimate virtual society which potentially creates a golden opportunity for people all around the world. So I decided to see what all the hype is about and spent couple of days trying to learn as much as I could in the metaverse. 

I first thing I came to know about metaverse is gaming, play to earn and they are taking gaming you could pick one. There's a new genre of games called play to earn and they are taking the Internet by storm these games are powered by the blockchain which is the same technology that all cryptocurrencies are built on and essentially from playing these games you get rewarded in crypto for example biggest play to earn of them all some people are earning $500 to $2000 a month just by playing the game which in places like the Philippines or Venezuela this is a very healthy full time salary but after watching some gameplay it looks about as exciting as watching grass grow so I did some research and found a new game that people are apparently making hundreds of dollars a day. Axie Infinity is one such a game where people are going crazy and earning tons of dollars.

AXIE INFINITY

Axie Infinity is a blockchain-based exchanging and fighting game that is to some degree possessed and worked by its players.

Roused by famous games like Pokémon and Tamagotchi, Axie Infinity permits players to gather, breed, raise, fight and exchange token-based animals known as Axies.

These Axies can take different structures, and there are in excess of 500 different body parts accessible, including amphibian, monster, bird, bug, plant and reptile parts. Parts from each kind class come in four different extraordinariness scales: normal, uncommon, ultra intriguing and unbelievable - and Axies can have any blend of body parts, making them profoundly factor and regularly interesting and special.

Each Axie is a non-fungible token (NFT) with various characteristics and qualities and can be gone into 3v3 fights, with the triumphant group acquiring more insight (exp) focuses that are utilized to step up an Axie's details or advance their body parts. These Axies can be reared together to deliver new and remarkable posterity, which can be utilized or sold on the Axie commercial center.

Axie Infinity was created in 2018 by Sky Mavis — a technology-focused game developer with a team primarily based in Vietnam. It was co-founded by Trung Nguyen and Aleksander Larsen.

Each Axie has six out of the many different potential body parts - every one of which has its own fight move. This produces basically interminable assortment among Axies, with most Axies having moderately powerless measurements, while those with the most grounded blend of body parts can have fantastic details.

Not at all like some other blockchain-based doing combating and reproducing games, each Axie must be reared an aggregate of multiple times to assist with controlling the number of inhabitants in Axies.

Axie Infinity has its own mating center point to assist players with tracking down an appropriate coordinate to raise their Axie with to have the best potential for success at creating an interesting or strong posterity. It costs 0.005 ETH notwithstanding Small Love Potion (SLP) tokens to raise Axies.

AXS token holders can before long stake their tokens to get ordinary prizes. Yet, not at all like another stakeable resources, AXS holders will likewise have to cast a ballot and play to guarantee their prizes.

THETA

(THETA) is a blockchain fueled organization reason worked for video real time. Sent off in March 2019, the Theta mainnet works as a decentralized organization in which clients share transmission capacity and figuring assets on a distributed (P2P) basis.The project is prompted by Steve Chen, prime supporter of YouTube and Justin Kan, fellow benefactor of Twitch.

Theta includes its own local digital currency token, THETA, which performs different administration assignments inside the organization, and counts Google, Binance, Blockchain adventures, Gumi, Sony Europe and Samsung as Enterprise validators, alongside a Guardian organization of thousands of local area run watchman hubs.

Engineers say that the task intends to stir up the video real time industry in its present structure - centralization, helpless foundation and significant expenses imply that end clients regularly end up with a helpless encounter. Content makers moreover acquire less income because of the hindrances among them and end clients.

Theta was co-founded by Mitch Liu and Jieyi Long in 2018.

Theta's primary business idea is to decentralize video web based, information conveyance and edge processing, making it more proficient, savvy and fair for industry members.

The organization runs on a local blockchain, with two local tokens, known as (THETA), Theta Fuel (TFUEL), controlling the inside economy.

Theta's allure is triple: watchers improve quality web-based feature, content makers work on their profit and brokers - video stages - get a good deal on building foundation and increment publicizing and membership incomes.

Clients have a motivation to both watch network content and offer organization assets, as remunerations come as TFUEL tokens.

Thetan arena, currently it's one of the most popular games and even hit number one on the Apple App store videos on YouTube of people making $200 an hour playing this game. It's going viral all around the world even kids are started to play this game like adults who're making some real money play this and actually I learned something extremely important, it's actually impossible to make money with a free character in this game the only way you can earn money is if you have a premium character which you could unlock by reaching bronze level but that takes days and days of grinding I just got my first character it cost me $170 but now I can start making money while playing this game 10 tokens for every game that I win I'm only allowed to play eight games with this character every single day but if I win every single game I can win 80 tokens a day based on the current price of around $15 a day with this character every single game but this token and the current market is currently entered all time low just a week ago one of these tokens was worth almost a dollar so last week you could make around $70 a day with that character anyways I'm gonna play my eight games and I'll show you the results so after playing the game for about an hour at 1/6 out of the eight games netting a total of 87.5 THC which at the current exchange rate comes out to around $17.00 an hour of playing is insane that's literally double the minimum wage salary in America but if we dig a bit deeper there is a slight flaw in their economy First off I can only play eight games a day with this character which means that the current price of THC with an extremely high win rate.

Now Theta price is almost $3 worth. That's insane and there is no limit to how you can make money in here. Just to break even on this purchase and the characters that you buy having overall limits how many games you can play before they die for example my character can play 229 games until it is completely worthless at that point I can't use it to earn money and it's not worth anything on the marketplace which means to break even on this character I would have to win 95 out of 229 games which is over a 40% win rate is kind of reasonable but it's extremely slow unless you have thousands of dollars to throw around on characters or hundreds of hours a week to play this game I don't think it's worth your time at all.

DECENTRALAND

The live Decentraland value today is $2.38 USD with a 24-hour exchanging volume of $516,863,233 USD. Decentraland is up 7.25% as of now. It has a coursing supply of 1,824,500,835 MANA coins and the maximum. 

Decentraland (MANA) characterizes itself as an augmented simulation stage controlled by the Ethereum blockchain that permits clients to make, insight, and adapt content and applications.

In this virtual world, clients buy plots of land that they can later explore, expand upon and adapt.

Decentraland was sent off after a $24 million beginning coin offering (ICO) that was directed in 2017. The virtual world sent off its shut beta in 2019 and opened to general society in February 2020. From that point forward, clients have made a wide scope of encounters on their bundles of LAND, including intelligent games, rambling 3D scenes and an assortment of other intuitive encounters.

Decentraland utilizes two tokens: MANA and LAND. MANA is an ERC-20 symbolic that should be singed to procure non-fungible ERC-721 LAND tokens. MANA tokens can likewise be utilized to pay for a scope of symbols, wearables, names, and more on the Decentraland commercial center.

Decentraland was co-founded by Ariel Meilich and Esteban Ordano.

Decentraland is worked for content makers, organizations and people that are searching for another creative medium, business opportunity, or wellspring of amusement.

Altogether, the Decentraland gameworld - named the "Metaverse" - is isolated into 90,601 individual bundles of LAND, every one of which is addressed by an ERC-721 non-fungible token. Each LAND is by and large 16m x 16m (256 square meters) and can be found at a specific direction in the Metaverse.

However LAND holders are allowed to form their plot into anything that they pick, a significant part of the Metaverse is comprehensively partitioned into a few areas, every one of which has an alternate size and subject. These locale were created through individual crowdsales for MANA tokens, and bundles of LAND in these areas can't be exchanged.

Decentraland is additionally one of the developing number of undertakings to utilize a decentralized independent association (DAO) structure for administration choices. Subsequently, MANA toker holders are in charge of how the Decentraland world acts, by proposing and deciding on strategy refreshes, the particulars of forthcoming LAND barters and the kinds of content that are permitted with the Metaverse.

Other than being an inventive outlet, numerous Decentraland clients at present adapt their LAND through renting, publicizing and paid encounters. Similarly, different clients produce a pay by making and selling things on the Decentraland commercial center for MANA tokens.