Top Metaverse Projects the World is Drooling Over — Digitally Cool

The Metaverse is the idea that big tech has been blushing about and can’t wait any longer. The metaverse technology, along with metaverse crypto projects, is what the future looks like.

After the arrival of cryptocurrencies, the frontier was further stretched to include digital assets and make them trading items. Thus entered the NFT or Non-Fungible Token concept, a secure way to create content and monetize them. A digital asset could be software, art, audio, games, et al. However, they all occupy separate silos. Users would have to explore and discover a larger area to gain access to all of them. The idea of Metaverse is to bring them all under one roof, making it easier for collectors, gamers, content creators to meet and widen their network quickly. Inlay man’s terms, “A metaverse is a virtual world where individuals can meet, interact, ideate, create and trade.”

Top Metaverse Projects

Let us now look at the eight exciting Metaverse Projects that have attracted enthusiasts and investors and intend to transform the digital world forever.

SAND

This is the metaverse token of the blockchain-based game, SandBox, that has taken the world of Metaverse NFT by storm. In this Metaverse, the user can buy land, sell it, and deal in other NFTs. It is based on Ethereum, which is known for its stability. However, SAND faces one drawback: the high gas fee that users must pay, symptomatic of the Ethereum platform. SandBox is available on all the major exchanges, making it accessible to a wide group of enthusiasts and traders.

Decentraland

This is a metaverse in its truest sense. Decentraland debuted in 2015 and since then has been a rage in the crypto community. One can take part in a whole lot of activities, albeit virtually. The environment of Decentraland mimics the real world. As a user, one can attend virtual conferences and events, buy, and sell digital assets, and network with other users. The advantage of Decentraland is that it is available on all major exchanges. Decentraland or MANA is accessible to everyone, and the cryptocurrency continues to be available on ETH like SAND.

Nakamoto

Nakamoto or NAKA has taken the opportunity to create its Metaverse, naming it Nakaverse. The premise of Nakaverse is the in-game economy where one can buy virtual land, trade them for and build structures. Nakamoto is a recent entrant in the Metaverse domain and still has some way to go, but given the initial vibes it has generated, there is every reason to believe that it will go a long way. One of them is that Nakamoto was the pioneer of the play2earn concept through its venture Nakamoto Games. $NAKA token is expected to be the native currency that will find wide usage in the Nakaverse.

Metahero (HERO)

Another new entrant into the world of Metaverse, Metahero, is still relatively unknown compared to the biggies. However, Metahero has one of the unique products to offer. It scans natural world objects through 3-D scanning technology and transforms them into digital assets. The virtual objects are then provided as NFTs. The native currency of Metahero is HERO, which has gained much attraction due to the excitement about the scanning methodology. It also illustrates the vast potential the Metaverse has. Metahero is available on all the exchanges, making it accessible to a large community of users. Metahero was launched in the year 2021 and is amongst the recent metaverses to have created a splash.

Star Atlas (ATLAS)

The Star Atlas is based on the Solana blockchain and is a next-generation metaverse game enabling users to make purchases of ships, crew, land, and equipment. It is a next-generation gaming platform with everything going for it, like state-of-the-art blockchain, visuals generated in real-time, multiplayer games, and financial technologies, which are decentralized and hence freedom from third parties and the bureaucracy. Star Atlas is available on all the exchanges, and its native currency is called the ATLAS.

Bloktopia (BLOK)

Bloktopia is unique because its creators have built a 21-story scrapper is an ode to the limit of $21 million that Bitcoin has set. It is a homage to the beast of coins. But Bloktopia is much bigger than that; it is a metaverse in the truest sense allowing its users to trade, create their avatars, participate in events and activities, network with the other members of the metaverse et al. One can also buy real estate and then use it to create artwork, games and much more with the help of a builder tool. The platform on which Bloktopia is based is the Polygon blockchain. A significant advantage it has over Ethereum is that it is faster and cheaper. Given the levels of innovation, Bloktopia has a bright future. It is also amongst the top metaverse crypto projects.

Axie Infinity (AXS)

The Metaverse is known to hold some promising projects, which are at the top of the heap. The metaverse technology that powers Axie Infinity allows players to breed, raise, and compete with Axies, sold on the marketplace. This is a play-to-earn game that ensures the player earns metaverse crypto. Because of the plenty of in-game rewards, the game has turned out to be a means of livelihood for many in countries severely hit during the pandemic.

Enjin Coin (ENJ)

Enjin helps users create and manage their NFTs. It combines plenty of gaming platforms, thereby enabling players to use objects across metaverse games. Those objects can be sold on the marketplace too. Gone are the days when a thing would be deemed lost if the game, for which it was bought, stopped.

Final Words

The Metaverse is watching us and taking baby steps. It is a grand opportunity for all the stakeholders to participate in its growth story. The fundamental importance of the metaverse companies lies in their ability to form large communities, thereby projecting the brand and increasing the footprint. The stakeholders, too, benefit immensely from such an arrangement.

Originally published at https://digitallycool.com on November 30, 2021.