Suppose you have got a domain and a hosting platform through Hostinger. Your domain registration has been done by Hostinger. In case you want to know the details of your Domain registrar you can visit this link.
Metaverse means a virtual world. Imagine the ciry of Patna or New York in a virtual form. You have real estate, restaurants, clubs, hotels etc. In coming days metaverse is going to be a buzz word and those who understand this can catch the train early.
2. Practical example:
To give you an idea, take example of few projects:
Decentraland: Decentraland (MANA) is one metaverse blockchain project that acquired popularity in very less time.In Decentraland there are different type of activities which one can do: from meeting new individuals, to shopping, playing games, investing in reale estate etc
Another example is Shibaverse. Here real estate in terms of residential and commercial plots ate available for purchase, shib baloons as asset are there and school, college and universities are being built around. Thus a vibrant community is in making.
3. Benefits of Metaverse:
The benefits in investing in metaverse is same as investing in crypto. It comes with high risk and big rewards. People who invested in decentraland in its early days have become millionaires in a short span of time. Hence investing in a good metaverse project is a prudent financial decision.
4. How to invest in Metaverse:
There are two aspects which need to be dealt:
a) Choosing the right projects:
For this, one should look for the fundamentals of project, its theme, concept and then take a decision. There are good chances that some of the project might underperform or fail altogether hence you need to spend a good time in evaluating the strength of project.
b) Technical aspect:
This deals with the actual investment part
Suppose there is a new crypto project. For example, there are many metaverse theme projects being launched which are based on blockchain technology and use either Etherum network or Binance Smart Chain ( BSC). Any such projects would be based on these blockchains, would be having a token currency at its heart and then will launch certain projects in meta verse. To illistrate the point, take example of Shibaverse. Apart from shiba coin there is a separate metaverse project called shibaverse which uses verse coin as a token currency and has many real esate projects in metaverse.
To invest in such metaverse projects you need to buy their token currency. In case of shibaverse project you need to buy shibaverse coin ( Get details of this coin at Coin Market cap, link given below).
You will not get this cryoto currency at Wazirx, Binance or other traditional crypto market exchange because they have not been launched yet on these exchanges. Thus, for an early investment in such budding metaverse projects you need to buy their tokens on Ethereum network or BSC network. To do that you need a crypto wallet. Hence the need to have a metamask account.
Here you can see the various options available at Shibaverse site for investing in this project. You can get the details of other projects on their official site:
Various options shown are: ShibaSwap, UniSwap, SushiSwapThis is the interface of ShibaSwap from where one can purchase Verse coins and invest in this project.This is the interface of UniSwap from where one can purchase Verse coins and invest in this project.This is the interface of SushiSwap from where one can purchase Verse coins and invest in this project.
5. Should you invest?
There is a good possibility of having a high returns. But not all projects will give you returns. Hence you need to do your own analysis. One must see the concept of project, active holders, future plans and then make a decision. The best way to start evaluating a metaverse project is to read its “White Paper”. Then one should analyse the project through platforms like Coin Market Cap and other tech experts.
There is definitely high return if you invest in right project at right time. Below is a screenshot of MANA price trend since its inception. The returns have been more than 10000% for people who invested in its early days.
Decentraland (MANA) price trend.
NOTE: This article is only supposed to be informational in nature and is not intended to advise you for investment in any particular project. Readers are expected to do their own analysis before investing in any such projects.
Metamask is a crypto wallet. It is like your purse but virtual. Crypto wallets are needed when you want to connect with various crypto apps. There are many crypto wallets. Metamask is one of the most often used crypto wallet.
Metamask- A crypto wallet
3. What are different type of crypto-wallet?
Crypto wallets can be categorised into 5 categories as shown below:
Some of the famous crypto wallets are listed here:
Coinbase Wallet – Best for beginners.
Electrum – Best for Bitcoin.
Mycelium – Best for mobile.
Ledger Nano X – Best for offline crypto wallet.
Exodus – Best for desktop.
MetaMaske – Best for Ethereum.
Crypto.com – Best deFi wallet.
3. Why Metamask?
Metamask is needed for making crypto transactions on various connected apps. It is currently available as a browser extension and as a mobile app on both Android and iOS devices.
MetaMask was created to meet the needs of secure and usable Ethereum-based web sites. In particular, it handles account management and connecting the user to the blockchain.
4. How to invest in metaverse projects through metamask?
Suppose there is a new crypto project. For example, there are many metaverse theme projects being launched which are based on blockchain technology and use either Etherum network or Binance Smart Chain ( BSC). Any such projects would be based on these blockchains, would be having a token currency at its heart and then will launch certain projects in meta verse. To illistrate the point, take example of Shibaverse. Apart from shiba coin there is a separate metaverse project called shibaverse which uses verse coin as a token currency and has many real esate projects in metaverse.
To invest in such metaverse projects you need to buy their token currency. In case of shibaverse project you need to buy shibaverse coin ( Get details of this coin at Coin Market cap, link given below).
You will not get this cryoto currency at Wazirx, Binance or other traditional crypto market exchange because they have not been launched yet on these exchanges. Thus, for an early investment in such budding metaverse projects you need to buy their tokens on etherum network or BSC network. To do that you need a crypto wallet. Hence the need to have a metamask account.
5. Some Practical tips
1. There will be a key which will be your way back to your metawallet account. Make sure you preserve your key properly. They key is in a long textual sentence form and hence need proper storage for your security.
2. You can have chrome extension for metamask. This way you will be able to see all your crypto currency in the wallet by a simple click.
3. Chrome extension of Metamask also enables you to connect your crypto wallet to the crypto blockchain where the metaverse projects are being launched. You will be able to see and buy the tokens and thus can invest in metaverse projects.
NOTE: This article is only supposed to be informational in nature and is not intended to advise you for investment in any particular project. Readers are expected to do their own analysis before investing in any such projects.
There are few people who inspire me a lot. In today’s world, the generation in which I grew up, people are so competitive. I like this competitive spirit. I don’t remember I was this competitive and ambitious in my early 20s though.
When I see Ishan Sharma, I wish I had that clarity when I was pursuing my engineering. Most of us had so limited vision that we don’t realise our true potential.
The story of Ishan Sharma
Ishan Sharma is one who did. He failed IIT JEE and couldn’t get into any of the IITs. This had a big impact on the way he perceived his life from there onwards. He started learning coding and digital marketing, invested tons of hours in learning new things and became better as a content creator.
Today he is on an exponential growth of learning and upskilling. And this motivates me a lot.
Ishan dropped from college in the 3rd year of his engineering very recently. This goes on to proof that if you know you can do better without a degree, do not wait.
Studypool is platform where students can seek help from Tutors by paying certain amount for a particular question.
The amount depend on the nature of question.
The final amount is reached after a bidding round.
Those who have joined studypool very recently will find it difficult to win any bid initially. New Tutors will have to bid on more than 50 to 100 questions to win any bid. It might be quite frustrating.
Studypool platform showing the bidding interface
I am sharing some of the experiences for a new Tutors:
1. Initially you will have to bid a lot to get any work.
2. You might have to work for a question at a low rate. For example an established Tutor with a great reputation will take 15 dollar for a question which you might have to work at 3 dollar.
3. Due to low reputation and non-recognisable profile your bidding value is undervalued initially.
4. You might get warnings for overtime despite no fault at your ends. This is because of some vague rules of Studypool.
5. You might get suspended due to poor understanding of studypool policy. Once you are suspended it will take 24 hours for your account to get activated again.
Thus, you will have a mixed experience while starting at studypool. Gradually once your profile reputation builds up, you can have more voice in the bidding process.
Print on demand business is a set up where you upload your designs on a platform and then platform print outs those designs on various products. So, you only have to work on designs and remaining part of business is done by the platform.
For every sale you make, you get a royality.
Now for a village person there are great technical obstacles that he ends up not even thinking about it.
I am here to remove your doubts.
These are the minimum you need to have:
1. A smart phone
2. Canva software( It is also an app)- You can start with free subscription and when you feel the need, you can get the pro version ( Pro version will cost approximately 4000 INR per year)
What you need to do now?
1. Create an account on Red Bubble
2. Initially you can create your account even without making any entry for payment detaols. When you start making sells, you can update your paymemt details.
For payment details:
I would suggest you to set up your account in these two platforms:
1. Payoneer
2. Paypal
These two will give you access to 99.99% of any online business happening in any part of the world.
Red Bubble website
What to do after account set up at Red Bubble:
1. Start creating your designs and start uploading on RB
2. For creating designs, utilitize canva software. It is very easy to use. Watch some youtube tutorials to learn how canva works
This is it for this post. I hope you overcome the information gap that exists in Rural India and start utilising these opportunities. I hope this post helps you in doing these 4 things:
1. Setting up account on Red Bubble
2. Setting up your Payoneer account
3. Setting up your pay pal account
4. Start working on Canva
Please feel free to comment for any help for these 4 activities in the comment section and I would try to help you to the best of my abilities.
In next blog on this topic, we will focus on how to increase sells through SEO and other tricks.
I am also sharing the link of my Red Bubble shop for your understanding. Please note I am yet to make any sell as on this date ( 12th August 2022).
