A YOUTUBER is making more than $1,000 a week from only 30 minutes of daily gaming in the metaverse.
Metaverse play-to-earn games are a new concept in the gaming industry – but their popularity is soaring.
Play-to-earn games made up $25 billion of the $2.3 trillion crypto economy in 2021.
With traditional video games it’s usually only the creators and shareholders who make a profit, but gaming metaverses are based on an ecosystem where players can also earn money.
These rewards are in the form of digital currencies or NFTs and can be traded or sold for other cryptocurrencies such as Bitcoin or money.
Jake Browatzke, who has over 100,000 subscribers, has tested different metaverses to find out which ones pay the most while also being fun to play.
Browatzke said: “If a game is not fun and everyone is playing it in order to just take out everything that they can from the game and just suck the entire economy of the game dry, if no one’s actually enjoying spending time in that metaverse and no one actually wants to reinvest their money and their time in that metaverse, then it’s just gonna be like a country where anyone who makes it leaves and takes the wealth out.”
The one platform Browatzke says every gamer should be looking our for is Gala Games.
The project has multiple games being built with one being a partnership with AMC’s The Walking Dead series, centred around survival like the TV series.
Town Star has already been released by Gala Games with a concept similar to FarmVille.
Browatzke made over $1,000 dollars in a week doing daily challenges on the game.
He was earning on average 239 Town Coins a day which when the YouTube video was released on January, 12, 2022, was trading at $0.64, making him around $153.
Browatzke said he only plays the game for 30 minutes a day.
But the ability to earn requires purchasing an NFT, which can range from about $50 to more than $1,000.
The more expensive the NFT, the more earning potential it has.
But on average, it takes about six months to a year to earn the money back.
Browatzke believes it will become more difficult to make money through the game as the team attempts to ensure the token doesn’t inflate.