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SOURCES OF INCOME IN METAVERSE
  • Daksh Paruthi,
  • Priyanshi Tiwari,
  • Riya Mittal
Daksh Paruthi
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Corresponding Author:[email protected]

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Priyanshi Tiwari
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Riya Mittal
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Abstract

A graphical and speculative rendition of a powerful virtual environment, the Metaverse asserts that it is a trustworthy setting where people can work, play, shop, and socialise. The potential for leveraging the Metaverse for growth and revenue generation is significant. The aim of this perspective article is to highlight and introduce: metaverse revenue streams; a Web 3.0 base for economic interoperability; an embodied virtual reality experience; and a platform for innovative experiences. Additionally, it will deal with correcting current and foreseeable security vulnerabilities in the metaverse and, ideally, generate revenue doing so. We explore a wide range of examples and suggest how these initiatives might be implemented properly in order to be competitively successful in this rapidly evolving environment. Child limitations, women’s safety, and introducing the metaverse to older citizens are a few of the topics discussed in detail. Finally, we provide an overview of the unfolding of possibilities and point out methods that have not traditionally been explored.