Top 5 Interesting Projects on the Metaverse in 2022

Written by annalisagrande | Published 2022/09/02
Tech Story Tags: metaverse | nfts | project | blockchain | understanding-the-metaverse | sand | axie-infinity | erc20

TLDRCurrently, Metaverse is a term that is no longer strange in the technology world. It gives the technology world incredible numbers. So what is it about Metaverse that attracts users so much? The Metaverse is a digital universe that combines virtual reality (VR), augmented reality (AR), the Internet, and cryptocurrency, Here allows users to interact directly through the virtual world, and activities, and experience the most authentic feeling. The Metaverse is currently in the early stages of development. However, there are still a few projects that stand out and attract many users to participate in the experience, bringing huge revenue for them. Here are a few notable projects that stand out.via the TL;DR App

Currently, Metaverse is a term that is no longer strange in the technology world. It gives the technology world incredible numbers. So what is it about Metaverse that attracts users so much?

The Metaverse is a digital universe that combines virtual reality (VR), augmented reality (AR), the Internet, and cryptocurrency, Here allows users to interact directly through the virtual world, and activities, and experience the most authentic feeling.

The Metaverse is currently in the early stages of development. However, there are still a few projects that stand out and attract many users to participate in the experience, bringing huge revenue for them. Here are a few notable projects that stand out.

Top 5 Interesting Projects on the Metaverse

Decentraland(MANA)

Decentraland is built on top of the Ethereum blockchain, which was founded in 2016 by Esteban Ordano and Ari Meilich. Initially, both used 2D games; later they developed them into a virtual world in 3D.

Decentraland is a virtual real estate trading platform, which is a 3D virtual world. There, users can cultivate virtual plots of land and organize events such as concerts, and exhibitions, Decentraland is known for its virtual real estate called "LAND."

The MANA cryptocurrency is a utility token. It is used in the world of Decentraland. MANA is used for payments, virtual world land purchases, avatars, items, collections, and in-game entertainment services.

Decentraland allows users to unleash unlimited creativity. For this special reason, Decentraland attracts a large number of participating users from countries around the world.

The Sandbox(SAND)

The Sandbox is a virtual world platform built on the Ethereum blockchain where players can build, own, and monetize their gaming experience.

At The Sandbox, the utility token is the ERC-20 standard SAND, which is used to perform transactions and exchanges such as staking and ecosystem management.

Users choose The Sandbox because of its diversity, fun, and a great experience for users. In addition, it is also a form of activity to make money through Metaverse where users can unleash their creativity and experience.

Axie Infinity

Axie Infinity is a virtual pet world inspired by Pokémon. Here, players will compete with each other, collect, care for, breed, and even build a kingdom for their pets. Each task, when successfully performed, will receive a reward in the form of a token, which is AXS. Axie Infinity brings a fun gaming experience as you immerse yourself in it.

Features of Axie Infinity include breeding, battle, land, resources, marketplace, tournaments, and eSports. This shows that Axie Infinity is very diverse in products and always enhances the user experience by developing these features.

The utility token of Axie Infinity is AXS. With this token, users can stake, govern, and pay.

StarLink(STARL)

StarLink is also one of the potential Metaverse projects in the present as well as in the future. This intensive, decentralized virtual vacuum real estate project for storing documents, ideas, creations, and NFTs.

StarLink is the first decentralized virtual space development project and a 100% community-owned project, controlled through the DAO.

StarLink's utility token is STARL, which is an ERC-20 token powered by the Ethereum blockchain. STARL is used for transactions in the ecosystem and participates in software management. This is also one of the projects that users can refer to buy and sell virtual land, providing an interesting and profitable platform for users.

Gala(GALA)

Gala Games is a GameFi platform that aims to build an ecosystem of blockchain games. The future direction of Gala Games is to take the gaming industry in a completely different direction than it is now. Gala Games offers a wide range of different games. Up to now, Gala Games has just released an official game in the ecosystem – Town Star – and an NFT collection – VOX.

Gala Games provides outstanding features to help users choose and access them, such as the ability for players to own, exchange, buy, sell, or give away items to other players at any time.

GALA is the utility token of the Gala Games ecosystem and is used as rewards for Gala Nodes, system administration, and rewards in platform games, purchases of items, and NFTs in the Gala store.

CONCLUSION

Currently, Metaverse is growing. Metaverse developers recommend outstanding projects and attract users into their world. More and more projects in many fields are making it easier for users to choose the right project.



Written by annalisagrande | Share Crypto Experience, NFT and NFT marketplace
Published by HackerNoon on 2022/09/02