The Metaverse is a New Frontier for Earning Passive Income

Those looking to earn passive income in the metaverse have several options available, but their profitability and sustainability are not yet clear.< /p> Analysis

When new technologies and platforms are created, there are incredible discovery phases where economic activity eventually picks up and begins to take shape. The Metaverse is arguably in this discovery phase, with many entrepreneurs finding ways to earn passive income from it.

As economic activity in the metaverse increases, new passive income opportunities seem to be regularly created, as well as opportunities to actively earn income. While what works and what doesn't is up for debate, there are some who are at the forefront of metaverse passive income.

Before digging into passive income opportunities in the metaverse, it's first important to analyze what actually is. The term "metaverse" has been one of the most popular buzzwords in the web3 space over the past few months, as millions of people are moved into the digital economies that are centered there.

The word "metaverse" comes from Neal Stephenson's 1992 cyberpunk science fiction novel Snow Crash. In the Web3 space, the term is used to describe a digital world where people actually own the assets in it.

The metaverse differs from past digital worlds, such as those created in video games, by the use of non-fungible tokens (NFTs). These unique blockchain-based tokens can be freely traded by users but cannot be duplicated or copied. What can be done in the metaverse is still being explored...