If you love to play video games, then here’s good news for you: there’s money in it. Even better, you have plenty of options.
Here are some activities or careers you can explore:
1. YouTube Content Creator
Perhaps the most popular path these days is to be a YouTube content creator. This video channel is actually the third largest search engine and receives at least 2 billion visitors each month.
How to Do You Earn Money?
There are different ways to earn money from YouTube video creation. First is through the sites’ AdSense program. You can turn on account monetization as soon as you signed up on the website.
Another option is through sponsorships, but this is likely to happen after you start building your channel—that is, you already have thousands of subscribers and high rates of engagement. However, the excellent pay you get is enough motivation to promote and build your YouTube brand.
Then there’s merchandise, wherein you can sell products related to your brand. As a gamer, you can partner with known tech vendors and create seats, headphones, or other gamers’ stuff bearing your brand’s name.
How Much Can You Earn?
Although Google doesn’t say much, many believe that with the AdSense program, it’s a 45/55 split, where you get 55% of your earnings. The ad rate could be from $0.01 to $0.03 per view.
Note, though, that the rates can vary depending on factors such as popularity or engagement. Thus, a channel with thousands of subscribers could earn a whopping $18 per 1,000 views.
But what types of content can you provide? Here are great choices:
DIY, like teaching how to build a gaming PC
- Live to stream
- Game and gaming product reviews
2. Livestream Player
If you’re an amazing video game player, you can stream your plays online and earn money from it in the process. Platforms such as Twitch, Facebook, and even YouTube can already provide you with the tools to achieve that.
How Do You Earn Money?
If you’re on Facebook, the easiest way to earn income from streaming live games is through ad breaks. Consider these as commercials in between shows.
Based on the guidelines, you need to set the program up in your profile or page for you to take advantage of it. Further, so ads will start playing, you must have at least 300 people watching you.
Ads can play every four minutes, each lasting for 15 seconds. Viewers will have no option to skip it, so strive to provide excellent content so your viewers will stay with you throughout the entire time.
Another popular livestreaming site is Twitch, where you can sign up as a partner or affiliate. This way, you can get a percentage of the subscription income the site makes.
Like a YouTube content creator, you can also earn money through sponsorships and merchandise. You can encourage your viewers to buy the products before or after your gameplay.
How Much Can You Earn?
In sites such as Twitch, the split is usually fifty-fifty, while the price for subscribing to your channel can range from $4.99 to $24.99 a month.
Meanwhile, Facebook gives your fans the option to subscribe to your channel for around $5 a month or give you stars that could cost at least $1 for every 100 stars.
3. Professional Player
You can livestream a game or create a gaming video as a hobby, and you earn passive income. However, if you’re dead serious about it, then you can be a professional player.
How Can You Earn Money?
Probably one of the biggest sources of income for pro gamers is tournaments where the prize money could reach millions. The 2019 Dota 2 International Tournament, for example, had a pot reaching $34.3 million. The first prize received about half of it.
Players might also receive regular allowances or even income since they too also need to undergo training.
How Much Do They Earn?
They can earn millions! Remember the DOTA tournament? Each team usually has five players, so if they win, then that’s a handsome $3 million. They can also earn other income from being brand ambassadors.
It’s also not uncommon for a pro gamer to livestream their games because many do want to pursue this career or, at the very least, learn the techniques.
In the principles of ikigai, your life’s purpose is one that you’re passionate about and helps you generate income. If you think this is yours, then it pays to try it. You can begin with any of the three options above.