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A millennial NFT investor made nearly $100,000 in 6 months with a virtual car repair shop and a bank in a gaming metaverse that isn’t even live yet | Currency News | Financial and Business News

Snapshot from sandbox virtual metaverse

The Metaverse world has grown astronomically in the past few weeks, people are spending millions of dollars worth of virtual land and other types of assets, and investors like 37-year-old Robert Doyle are already those assets. I’m making money from.

Doyle owns a virtual car repair shop and a bank in Metaverse that is not yet fully operational and earns nearly $ 100,000 in six months, as confirmed by the cryptocurrency wallet presented to Insider. I did.

Polka City, The location of Doyle’s virtual properties is the multi-blockchain Metaverse game platform launched in 2021. Players can buy virtual taxis, gas stations, billboards, and even non-fungible tokens that represent motorcycles. Then earn weekly interest paid on the platform’s native tokens.

According to the platform roadmap, users already own and trade digital assets. The game itself will be released soon. The roadmap agrees with the “Grand Theft Auto” series of action games set in a virtual world and describes it as “GTA of cryptocurrencies”.

“I think this could be a $ 1 billion game. So if this game reaches a market value of $ 1 billion, the tokens could be priced at $ 30, $ 40, $ 50. It’s a long way off because the game hasn’t started yet. ”

Doyle accumulated a value of 111,646 polkas, about $ 0.8719 on Friday, an increase of almost 500% this year. Most of them come from car repair shops. When the game started, he also said he would receive money from people using his car repair shop and 25% of the pork loan fee from his virtual bank.

The roadmap shows that the game has many releases. Leading disco and art gallery owners of Polka City investors will be in the next row where they can profit from their holdings by the end of this year, while others will benefit from future releases. prize.

NFTs representing Metaverse assets were not cheap. He said the car repair shop cost $ 23,000 to Doyle and the bank cost $ 3,500.

“These (assets) are really late. This will be rewarded for years to come. So it’s pretty incredible. For mortgages, medical bills, car payments, families. This is the food NFT -Isn’t it crazy? “He said.

The Metaverse has existed in many forms over the years. But what has accelerated this recent boom in interest is Facebook’s decision to change its brand name as Meta in October.

Two and a half years ago, Doyle was a real estate agent. Currently, he makes a living from projects, nodes, staking and mining related to cryptocurrencies.

He also leads a crypto research company that helps people generate passive income called Cryptonairz..

“I’m moving to Las Vegas next month. I currently live in a four-bedroom townhouse in the Bay Area. This is about 8 or 900 grounds, but now all of my Metaverse and Node income Yes, that’s what we’re trying to do, because I can buy a home for $ 2 to $ 3 million, “Doyle said.

“Once I got my house, I promised to buy my dream car, Ferrari, so I plan to pick one of them. I was able to pay off my debt.”

Doyle warned that this investment carries risks.

“It takes time to understand what you’re working on. You need to look at market capitalization, teams, development. You need to look at the community,” he says. Said.

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