What can you do in the Metaverse

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What can you do in the metaverse?

The metaverse industry is booming these days. According to a 2021 Bloomberg Intelligence research, the Metaverse might provide a business opportunity of approximately $800 billion USD. We, at Nftically, decided to build a virtual planet, COMEARTH to give you an everlasting virtual experience. 

Despite being in its early stages, with just a few platforms accessible for public use, the Metaverse’s unified virtual environment offers endless options for employment, gaming, social engagement, setting up an NFT store to sell virtual products, etc. 

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So, here’s what you can do today in the metaverse and COMEARTH: 

Investing in digital real estate, NFTs, or tokens

You may buy NFT avatar drops, such as those sold by Nike or Adidas. You might speculate on virtual land or in-game goods. You may also invest in these games’ fungible tokens, which serve as in-game currency. As COMEARTH develops further, the team shall introduce the concept of HeatMap within it. Akin to the real world, where the cost of the same size of land varies depending on its location, land parcels in COMEARTH shall be mapped to a HeatMap that describes their rarity & demand, thus enabling the discovery of the true price of land in a dynamically evolving planet.

Workout 

Companies such as Peloton and Apple are industry leaders in at-home exercise programs. VR-based fitness applications have lately gained popularity, boosting sales of VR devices such as the Oculus Quest over the 2021 Christmas season. Working out may become more pleasurable and appealing to certain people by integrating the engaging, interactive, and gamified components of virtual reality with physical exercise. Furthermore, instead of feeling intimidated by traveling to a physical gym, individuals may exercise in the comfort of their own homes.

Invest in digital artwork using NFTs

Art galleries may be created in the Metaverse in the same way that concerts and offices can. Users would be able to examine digital art and buy it as non-fungible tokens here (NFTs).

This is a new financial product that gives digital items real-world worth and ownership. NFTs may be resold for a profit or just stored as part of a collection. NFT art is also accessible outside of the Metaverse (through crypto markets), though the experience is less immersive.

Advertising

Advertisers will gain from the metaverse as well, utilizing the potential of virtual reality to reach customers in new ways. Traditional techniques, such as banner adverts, regular in-app promotions, and analytics-backed websites, will continue to exist. However, other, more participatory methods, such as virtual advertising, in-game sponsored content (like to the recent Louis Vuitton x Fortnite cooperation), and virtual influencers, will develop. Furthermore, the metaverse will strive to increase customer involvement by developing more interactive, immersive, and engaging direct-to-consumer marketing.

Create a virtual workplace

Working scarcely feels like an unknown idea in these epidemic times, but the extent that the Metaverse provides to this notion is significant. You can now move your real workstation and a suitable tracked keyboard into that virtual area with you thanks to the power of virtual tracking technology.

Gaming

The realm of crypto gaming is rapidly approaching and quietly encroaching on yet another area entirely. Metaverse-based games are games that incorporate features of cryptocurrency and blockchain into the Metaverse. The Metaverse is the setting for these games, which feature their own worlds, characters, goods, and so on. Non-Fungible-Tokens may be used to trade with other players in games like this. Blockchain-based games, often known as “Play-to-Earn” games, have a special place in the Metaverse because of how widely they can be played and how much money can be made from them.

Travel

People in the metaverse can travel across the world in seconds. Customers may visit any location on their bucket list without having to deal with the hassles of purchasing tickets, dealing with airports, waiting on a tight aircraft for hours, and so on. 

Attend Music Concerts

Virtual concerts are nothing new, with games like Fortnite and Roblox already organizing enormous events. The metaverse, on the other hand, intends to take this a step further by constructing virtual venues and allowing fans to attend concerts alongside pals in 3-D form. Immersion is increased and a new dimension is added to the concert experience using virtual reality. Fans may also be able to change the setting and location of the show to their preference. Don’t enjoy the Burning Man event in the middle of nowhere? Bring it to the beach or the mountains!

Conclusion

While the Metaverse throws up a slew of new options for the future, people are still grappling with its enormous potential. As we stand on the brink of tomorrow, a virtual universe of limitless opportunity awaits us, and we have just scratched the surface. What are you waiting for?

Get your share of the land on COMEARTH and give a kick start to your business! 

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