We're in the midst of a period of transition, which can be both thrilling and difficult to keep up with. When it comes to Web 3.0, cryptocurrency, and the metaverse, the majority of us are left scratching our heads.
The good news is that, while technology is still a relatively new notion, a number of exciting projects are already gaining traction and offering chances that might significantly alter your life. In domains including as gaming, work, entertainment, education, retail, and much more, the metaverse and crypto are combining to determine the future of digital frontiers.
With so much going on, it could be worthwhile to learn more about what's going on and which metaverse initiatives to keep an eye on in 2022.
THE TOP TEN METAVERSE PROJECTS TO KEEP AN EYE ON
Decentraland (MANA)
Decentraland is a well-established metaverse project with a lot of potential, thanks to the fact that people are willingly buying virtual land parcels for millions of dollars. Yes, millions, as in millions... of dollars (in real life). But maybe the most appealing aspect of Decentraland is that it can be viewed as a digital blank canvas for almost everything possible - and unimaginable as well. It's a little like the actual world, but better. You may shop your favourite brands, go to events, play games, meet new people, start new businesses, and even bet in this metaverse.
Everything has a real-world feel to it, which is why this metaverse is still one of the greatest out there. Decentraland is a user-owned blockchain that allows users to establish their own settings, avatars, marketplaces, digital infrastructures, and applications. MANA is the cryptocurrency that underpins this tumultuous virtual world, and it's available for purchase on a number of popular cryptocurrency platforms. The platform has recently seen a greater integration of eCommerce solutions, making it a vital destination for advertising and marketing, in addition to the numerous other benefits we've already discussed. As a result, it's reasonable to expect Decentraland to continue to expand. As a result, in 2022, it's safe to expect Decentraland to continue to flourish and remain at the top of the greatest metaverse initiatives.
Axie Infinity (AXS)
There's no way you haven't heard of Axie Infinity unless you've been living under a rock. This blockchain-based game has captivated the world with its endearing animal-like characters and the opportunities it provides to its players, who have found themselves earning large sums of money while doing something they enjoy: gaming. Many people have turned Axie into a full-time job. Axie's native cryptocurrencies AXS and SLP are at the heart of this Ethereum blockchain metaverse concept. Inside the came, each serves a particular purpose. Axie Infinity Shards, or AXS, is the governance token. AXS holders can vote on the game's future development plans, such as updates and how the treasury balance is used.
AXS has continuously placed among the top metaverse cryptocurrencies, with its value increasing by 200 percent in 2021 over the previous year. Smooth Love Potion tokens, often known as SLP tokens, can be earned as rewards in battle or adventure mode. SLP tokens, which can be used to breed Axies, are even better. As the game's popularity grew, these creatures became increasingly valuable - a trend that is still going strong in 2022. And, because gamers can simply cash out their in-game currency in the real world, that's a model that's not going away anytime soon. Axie Infinity is and will continue to be one of the most important metaverses to follow this year.
The Sandbox (SAND)
The Sandbox is an Ethereum blockchain-based virtual world. This metaverse, like Decentraland, focuses on original content development as well as games. The Sandbox, which draws influence from games like Minecraft and Roblox, uses a 3D voxel technique to allow players to use their imagination and create worlds in any way they choose. Using the platform's native currency, SAND, anyone may create, control, and sell their game experience. This ERC-20 utility token is used to support all transactions and interactions in the Sandbox ecosystem.Users have generated over 70 million unique worlds and habitats, resulting in a thriving non-fungible token market (NFTs). The Sandbox allows its community to construct games, assets, and applications on top of their land parcels, in addition to hosting great content-creation experiences. Each LAND token is a one-of-a-kind, non-fungible token that exists on the Ethereum network (ERC-721). Yes, there are numerous opportunities within their metaverse that you may choose to investigate.
Gala (GALA)
Gala is a blockchain gaming platform that combines the benefits of non-fungible tokens with the excitement of gaming to create a space where users may freely trade in-game products.
Gala features a variety of blockchain-based games that are classified as social games that focus on forming connections between participants. Mirandus, Spider Tank, Town Star, Fortified, and Echoes of Empire are the games currently accessible. The level of authority and ownership that this blockchain technology grants gamers is one of its strong qualities. This is mostly accomplished through GALA, the game's native digital coin, which is used for network governance, prizes, and node operator incentives across the platform. Gala is also used to buy digital items, such as NFTs, via the game's store and player marketplace. Gala users can design and modify their avatars, much like in other blockchain-based games.
Sensorium Galaxy (SENSO)
Sensorium Galaxy is a digital metaverse created in partnership with some of the world's most renowned artists, producers, and media businesses. This metaverse, which is currently in development, is made up of multiple worlds, each of which serves as a hub for a specific set of experiences.
PRISM is the most important world in Sensorium Galaxy, serving as the gateway to music and entertainment. Exclusive VR performances by chart-topping artists such as David Guetta, Steve Aoki, Armin van Buuren, and others will be available here for metaverse users.
Sensorium can offer an unrivalled multisensory experience that extends to its other worlds, including MOTION, which will host mindfulness and self-exploration, encouraging the attainment of higher levels of knowledge, by combining cutting-edge AI and VR technology with top-tier entertainment content in a virtual reality galaxy.
The in-platform currency, SENSO, is a key aspect of Sensorium Galaxy, as it uses blockchain technology to fuel a fair, transparent, and user-owned decentralised economy.
This token can be used for a variety of transactions, including the creation of new avatars, the purchase of event tickets, and the creation of creative content.
We announced last year that our metaverse would be migrating to the Wakatta blockchain in order to assure speedier transactions (30 times faster than Ethereum), lower transaction fees (to under $0.001), and support a larger number of activities within Sensorium Galaxy's marketplace. Wakatta will also link Sensorium Galaxy's SENSO currency to the Polkadot ecosystem, allowing SENSO token holders to benefit from improved competitive terms (you can find all the details here).
The following are some of the boundary-pushing applications we're working on:
Avatars powered by artificial intelligence (including some of the world's first social AI DJs)
Social and game mechanics that are more advanced
Features a lot of fun, immersion, and interactivity
Streams of revenue based on the blockchain
The Sensorium Galaxy, however, isn't confined to just these experiences and worlds, as our metaverse will soon expand to include additional locales for people to explore and enjoy!
Metahero (HERO)
The physical and digital worlds are joined via cryptography and 3D scanning technology.
That's how Metahero characterises its own initiative, and it's simple to see why it's garnered so much attention. This platform is expected to bring a new notion of ultra-realistic digital clones that users may personalise and utilise in a variety of metaverse activities. Because of Metahero's 3D modelling relationship with Wolf Digital World (WDW), each 3D avatar has a life-like body type and a photo-realistic face, resulting in amazing AAA avatars. Users can also scan their own bodies and save the results as an NFT that can be used in the metaverse. As if that weren't enough, avatars may be customised with a variety of talents and abilities from classes such as Close Combat Specialist, Spellcaster, Mentalist, Enchanter, Elementalist, Range Combat Specialist, and Assassin. Players can level up their Recruits and trade or sell the NFT that fuels their accounts. If you're curious about how it all works, one-of-a-kind Meta scanners are utilised to not only scan but also print and produce new in-game avatars.
It's a lot of fun to experiment with. Metahero's native token, HERO, has also proven to be a success in virtual world transactions, and both this metaverse's unique NFTs and coin are projected to touch larger markets in the near future.
Somnium Space (Cube)
Having a 3D experience is no longer sufficient. With so many wonderful platforms to select from, attracting new metaverse users requires a compelling offer. Somnium Space, fortunately, does exactly that. This 3D blockchain platform is extremely user-friendly and chock-full of mind-blowing experiences and possibilities to dabble in all aspects of the metaverse. Newcomers may be underwhelmed by the visual quality (we know, we know...), but what sets it apart is how it allows users to fully conceive and personalise both their avatars and the environments around them. Somnium bills itself as "an open, social, and persistent virtual reality platform," combining not only a location where users can "live," but also entertainment, communication, e-commerce, and other features. While the other metaverse projects we've discussed so far have all been built on the Ethereum blockchain, Somnium has chosen a multi-chain strategy that includes Solana. This opened up new possibilities for the metaverse, allowing users to do things like create an NFT Gallery, visit VR concerts with a VR avatar while dancing with a full-body tracking kit, and create new NFT-based worlds and experiences for others to enjoy. Another significant difference is Somnium's CUBE-based metaverse economy. The in-platform cryptocurrency is used to facilitate transactions and asset transfers, and it has established itself as one of the most reliable coins among the metaverse's present offerings.
Star Atlas
Yes, we've discussed cryptocurrency games, and that's fine. But how about we show you one of the first AAA crypto games in the world? Star Atlas has made an appearance in the chat. All of the crypto goodness is crammed into one dramatic and fascinating title. What a great plot? Check? What about settings that are out of this world? Check? Is this a fantastic community? Yes. What about monetization possibilities? Yes, without a doubt. Star Atlas is, in a sense, the whole package. We'll let the gameplay to you to discover, so let's talk about another fantastic feature: Star Atlas' two Solana-based tokens, ATLAS and POLIS. The first, ATLAS, functions similarly to a standard in-game coin, allowing users to do tasks like as engaging battles and exploring different realms, as well as accessing the marketplace. This is especially significant because the majority of the game's assets are NFTs, with only a few exceptions. POLIS, on the other hand, allows players to participate in what the developers call the game's "political intrigue." But, probably more importantly, players are in charge of deciding game decisions, and may even outvote the developers. The project has teased a number of decentralised features that are expected to pique the interest of many gamers and propel it to the top of the metaverse in 2022.
Bloktopia
Bloktopia's skyscraper-themed metaverse project aspires to create a one-of-a-kind platform where users may study, meet new people, conduct business, and experiment with a variety of activities over a 21-story structure. Because the construction will be incomplete at start, this metaverse will rely largely on each user's input and ingenuity. While there hasn't been much revealed about this future initiative, which is set to premiere in the coming months, there have already been some intriguing glimpses, such as a World Wrestling Entertainment (WWE) room.
Bloktopia also aims to develop new ways for generating content and revenue for those who desire to live in the metaverse. Users will be able to access levels 1-6 when it releases.
Cryptovoxels (CVPA)
Cryptovoxels is a Minecraft-inspired Ethereum-based metaverse. As a result, this metaverse is made up of a vast network of digital infrastructures and land blocks that users can build upon indefinitely. On OpenSea, assets can be traded for ETH, but Cryptovoxels also has its own currency, the Cryptovoxels Parcel (CVPA). These can be purchased through OpenSea as well, and correspond to land in Cryptovoxel's Origin City. As an NFT, users retain complete ownership of each land parcel, known as Voxels. Players can either develop or sell their virtual properties, which includes adding posters, signage, and music recordings. Cryptovoxels, being one of the first metaverse initiatives, has managed to build a fantastic community that has only grown over time, resulting in ever more inventive and fascinating NFTs. As a result, Cryptovoxels is a project to remember in 2022. (and beyond).