Dunamu, the company that operates the South Korean exchange Upbit, kicked off its UDC 2021 event on Sept. 1. UDC is a gathering of blockchain developers.
Sebastien Borget, co-founder and COO of The Sandbox, a decentralized virtual gaming world on the Ethereum blockchain, spoke during the first day of UDC 2021.
During his speech, Borget highlighted how the metaverse is creating an entire new ecosystem of jobs.
Virtual worlds like The Sandbox currently employ real estate agents, tour guides, and event planners that all operate exclusively within the metaverse.
"NFTs and the metaverse are leading the way in new job creation," Borget said.
The Sandbox users accumulate platform tokens known as SAND, which they use to buy virtual properties known as LAND. Users create, develop, buy and sell these properties, which are recorded on the Ethereum blockchain. Users create experiences on their LAND known as ASSETs.
Users develop their LAND using various ASSETs and items in the form of NFTs.
For example, you can hold an NFT art exhibit and charge admission. Or you can create your own game -- a virtual world within a virtual world.
"There are a variety of events, locations and things to do in The Sandbox, like weddings, art clubs, casinos, fashion shows, theme parks, and concerts," Borgen said.
"There are virtual architects that build virtual buildings, curators for virtual art collections, and avatar fashion designers."
As all experiences within The Sandbox can be monetized, these virtual jobs can develop into full-time professions and careers.
Borgen added that as The Sandbox's user base continues to grow, more and more people are quitting their jobs in the physical world to devote themselves full-time to their Sandbox careers.
"Anything you can imagine is possible on your Sandbox LAND. You can monetize it or use it as a base to form a community with a shared interest," he said.
"We will continue to support and develop this metaverse ecosystem as much as we can."
UDC 2021 articles are sponsored by Upbit.
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