Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Bearish market for investors - but there may be a bright future for creators.
If you type "How to make money in Decentraland" in Google – the phrase yields 4,300,000 results in split second. Unsurprisingly – the vast majority of them repeat exactly the same. That’s because the Internet doesn’t want to help you.
But we do - so we've combined everything everyone said on the topic into a 9-point list below.
But we’ve added something we haven’t found in any of the other links. It’s "Making passive income from advertising spaces", using a blockchain-based ad exchange protocol like Adshares.
With $MANA showing a steady decline over the past couple of weeks and a generally bearish market – many of you may be wondering "Was it worth the investment?"
This FUD is further fuelled by the general sentiment on cryptocurrency and metaverse markets.
NFT markets are showing the first signs of brutal awakening – especially for the likes of Sina Estavi, who paid USD 2,9m for the NFT of Jack Dorsey's first Tweet ever, just to be offered a mere USD 6,800 in a recent auction.
Put these two together, and investors who bought land have a pretty good reason to feel a bit trapped and may be asking themselves, where is this going.
But the truth is in the numbers - and the number of users is growing rapidly
Between December 2021 and March 2022, the number of Decentraland unique monthly users grew from ca. 300,000 to 800,000.
Metaverse Fashion Week attracted as many as 108,000 unique attendees, according to company info. There are events and experiences which attract as many as 20,000 users.
So, while the Exchange might be showing us one picture
Read more on cryptonews.com