Passive income: NO

Metaverse event planning has the potential to earn passive income, but achieving full passive income solely from this hustle is challenging for most individuals. While some level of automation and outsourcing can help streamline processes, constant monitoring and active participation are often required, especially in the early stages. Most people may not reach a fully passive income level and may need to supplement their earnings with other income streams. Success stories of complete passive income are rare and can be considered outliers. It realistically becomes passive for a small percentage of individuals who have established efficient systems and a solid client base. Myths and misleading expectations include the belief that passive income can be easily achieved without ongoing effort. Setup costs range from $500 to $2000, and it typically takes 2 to 6 months to start seeing profits.