How the Chinese make money on virtual pets

In recent years, virtual pets have become an integral part of the digital economy in China. These funny and cute creatures not only delight owners in the virtual world, but also become a source of income for millions of people. In China, virtual pets are not only fun, but also a way of making money that attracts both players and collectors. If you want to find out how the Chinese make money on virtual pets, keep reading.

1. What are virtual pets?

Virtual pets are digital creatures that exist only in virtual reality. They can be part of computer games, mobile apps or online platforms. Unlike real pets, virtual pets require virtual care and interaction, but can generate significant income for owners through trading, sharing, or participating in virtual events.

1.1. Types of virtual pets

- Game pets: Pets that can be bred, trained and played with. Examples include pets in games such as Neko Atsume, Pet Society, or mobile games such as Summoners War.

- Collectible pets: Pets that are used for trading, sharing or collecting. They can be unique or time-limited. Example: CryptoKitties, Decentraland.

- Pets on social media: Virtual pets that can be started on platforms like WeChat or Douyin (China's version of TikTok), where they can interact with other users and receive virtual gifts.

2. How do the Chinese make money on virtual pets?

In China, there are several ways to make money on virtual pets. Here are some of them:

2.1. Pet and Item Trade

One of the most popular ways to make money is to buy, sell and exchange virtual pets. Virtual pets, especially those rare or with unique characteristics, can be sold for real money on various online platforms.

- How does it work?: Players can purchase rare or speciality pets and then sell them to other players through gaming markets such as Taobao, JD.com or platforms built into the game itself.

- Example: In CryptoKitties, users buy, breed and sell unique virtual cats, making money from rare and sought-after pets.

2.2. Virtual sale of products for pets

In some games and platforms, users can earn money by selling products for virtual pets, such as food, toys or accessories. These products can be bought for real money or earned inside the game.

- How does it work?: Pets may require the purchase or use of virtual goods to increase their level, happiness or health. Players can create and sell these items to other players.

- Example: In Pet Society, users buy furniture, clothing and other pet products and then sell them to other players.

2.3. Participation in virtual pets tournaments and competitions

Some games organize tournaments in which virtual pets compete with each other. Players can earn money by winning such tournaments or receiving prizes for success in competitions.

- How does it work?: In some games, pets can compete in battles or competitions, earning points or prizes that can then be exchanged for real money.

- Example: In games like Pokémon Go or Summoners War, players can participate in tournaments to earn rare items or pets that can be sold or exchanged.

2.4. Creating and selling unique virtual pets

In some games or platforms, users can create their own virtual pets, customizing their appearance and characteristics. These unique pets can be sold for real money in the gaming market.

- How does it work?: Users can develop unique pets through a variety of parameters or genetics, creating very rare creatures that can cost significant amounts.

- Example: Platforms like CryptoKitties or Axie Infinity allow users to create, breed and sell unique virtual pets for cryptocurrency.

2.5. Virtual pets as elements of the metaverse

The metaverse in China is actively developing, and virtual pets have become part of this digital economy. Users can participate in games and platforms such as Decentraland or The Sandbox, where they can have pets, care for them and make money from selling or using them.

- How does it work?: In the metaverse, virtual pets can be part of buildings, land plots, or even used to increase profitability in games.

- Example: In Decentraland, users can create pets that become part of their virtual possessions and make money from selling or renting them.

3. How to start making money on virtual pets in China?

3.1. Choose a game or platform

To start making money on virtual pets, you need to choose the right game or platform that supports such monetization. Platforms such as CryptoKitties, Axie Infinity, and Pet Society provide opportunities to get started.

3.2. Establishment and breeding of pets

After choosing a platform, start by arranging a pet or buying unique creatures. Breeding pets and creating new ones could be your first step toward making a profit.

3.3. Participation in the auction and sale of pets

Buy and sell pets on the platform, look for rare specimens and participate in their exchange or sale. Monetize your pets by trading them in the game's domestic markets.

3.4. Active participation in games and tournaments

Take part in tournaments, competitions and other activities offered by virtual pets. Earn on prizes and winnings to boost your income.

3.5. Using NFTs and cryptocurrencies

Some games use blockchain and NFT technologies to ensure the uniqueness of pets, which allows them to be earned using cryptocurrency. To do this, you will need to open a cryptocurrency wallet and connect to the platforms.

4. Conclusion

Earning on virtual pets in China is not only an exciting hobby, but also an opportunity to turn your love of games and pets into a real income. Whether buying, selling, breeding or participating in virtual tournaments, virtual pets provide a huge number of ways to monetize. Use platforms like CryptoKitties, Axie Infinity or Decentraland to start making money by caring for your digital pets and participating in their development.