Summary:
Would you pay for something that does not exist in the physical world? Well, in a sense we all do that nowadays - movies, music, games are all digital products and we have been buying and consuming them for years. If you are a gamer, you also know that people have been buying stuff in video games, not just the game itself, but other so-called in-game purchases like extra lives, hints, one-time features, or in-app currency like tokens.So what’s different for digital products in the Metaverse? Well, not really anything that different, but better! Why? Well, there are several reasons, and I will break them down for you in this episode.
References:
- Cashing in on the Metaverse: How designers are making money on Web 3.0
https://www.youtube.com/watch?v=7cvmXaGWT-M
- How to make Wearable UGC Accessories (NEW) {2022} [ROBLOX]
https://www.youtube.com/watch?v=pWBHkIz5GZc
- Avatars need their nails done, too. Enter the Metaverse side hustle
https://www.nbcnews.com/business/business-news/Metaverse-make-money-avatars-decentraland-rcna41336
- Horizon Worlds Announcement on Monetization Tools Test
https://www.engadget.com/horizon-worlds-monetization-tools-test-220033094.html
- Why the Metaverse Is Fashion's Next Goldmine | The Business of Fashion Show
https://www.youtube.com/watch?v=UBZ6Bd0LDjs
- Get A Tour Of The Metaverse Retail Experience
https://www.youtube.com/watch?v=0OtIM0L7lLo
- Virtual Products & NFTs in the Metaverse
https://www.threekit.com/how-to-sell-virtual-products-in-the-Metaverse