Overview
Metavese is a fairly new term for many people, but recently it has received the attention of many individuals and organizations. Starting from Facebook making headlines in most media about its rebranding from Facebook to Meta.
The very intriguing metaverse is something that will transform games and other areas of our lives. Only the best companies and communities can build it. Some prominent Metaverse projects can be mentioned: Facebook (Meta), Epic Games (Fornite), Bit Country, Sandbox…
Meta (Facebook)
The metamodel of Zuckerberg’s dreams is where everyone is hooked on virtual reality, can teleport, make things happen simply by thinking about them, and overcome the limitations of the physical world to effectively become the digital world. The tech billionaire admits that this is still “a long way to go.”
Most of the Metaverse worlds are being built primarily for gaming, however, Zuckerberg wants more than that. He wants to connect people through online meetings, traveling, etc. Zuckerberg wants to create a collection of interconnected digital spaces that let you do things you wouldn’t normally be able to do in the real world. Right now, the only way you can invest in Meta’s vision is to buy shares of Meta with a market cap of close to $1 trillion.
Fortnite
Epic Games is one of the biggest and most powerful companies in the gaming and metaverse market. Fortnite attracted 10 million people who logged in to watch DJ Marshmello hold a virtual concert in the game, where players would only see 99 other people online. Fortnite matches are still limited, and the technology to gather millions of people in a virtual space isn’t ready yet. Nonetheless, Fortnite is capable of rallying and uniting millions of people.
Core to Epic’s overall vision is a change in the way people socialize on the Internet. Interactions will move from “likes, comments, and posts” about people’s personal lives to more complex interactions, where users share and participate in experiences across different services. “If the previous generation was about sharing, the next generation of society will be about participation”
The SandBox
Sandbox is a blockchain-based virtual world launched by Pixowl in 2011, allowing users to create, build, buy and sell digital assets in the form of NFTs. By combining the power of decentralized autonomous organizations (DAOs) and non-fungible tokens (NFTs), Sandbox creates a decentralized platform for a thriving gaming community. The founders of The Sandbox are among the pioneers of blockchain gaming and the metaverse theme as they started before any other organization.
Sandbox is interesting because it is possible to create games inside its metaverse. Users of The Sandbox have the ability to create content in the form of NFTs through the VoxEdit tool. Platform users can create 3D content that can then be sold or uploaded to VoxEdit. This complete freedom to create, play, and monetize makes Sandbox one of the best NFT metaverse projects out there.
Bit Country (NUUM)
Bit.Country & Metaverse Network is a blockchain ecosystem & platform for user-generated virtual super universes, games and distributed applications. Community managers, influencers, KOLs, and individuals can create their own super universes for their members, fans, followers, family, and friends.
Most of the current metavese is mainly about games, but Bit Country is more about Economy: Building infrastructure, buying and selling NFT items,… Users can own the assets they build. , later if you don’t do it, it’s all still there, even if Bit Country is no longer available, you can still sell your assets in other NFT marketplaces. In addition, Bit.Country has achieved the highest auction record on Kusama with 100 million USD locked and 25,600 staking holders.
Illuvium
Illuvium is an open-world fantasy fighting game built on the Ethereum blockchain. Often seen as the first AAA game on Ethereum, Illuvium wants to provide entertainment for both casual gamers and die-hard DeFi fans through a range of collection and trading features.
Players traverse the Illuvium landscape, battle Illuvials and other players, participate in daily quests and challenges, and participate in the general storyline. During their journey, they collect Iluvials, which have a range of characteristics that make them variable in terms of their rarity, use, and desirability. Unlike most blockchain-powered games, Illuvium has a fully 3D environment, with over 100 unique Illuvials scattered throughout all areas in the game. Each Illuvial is designed by a team of world-class artists to ensure it is as engaging as a grand traditional game.
Realy
REALY has positioned itself as a metaverse digital universe with the largest and first street culture in the world. The REALY digital universe is developed based on Unreal Engine 4 technology to create surreal situations. E-commerce, social metaverse based on NFT, including street brands, intellectual property, celebrities, music, and art. REALY engages users by hosting virtual world concerts and exhibitions, helping creators and brands release virtual products online, and building an economy in the virtual world.
CyberTrade
CyberTrade is an upcoming NFT Play-to-earn (P2E) game with a futuristic cyber world. This is the second game from Qorpo Company, after successfully launching Trade Race Manager.
CyberTrade has multiple game modes where you can choose from different NFTs, items, racing cars and Bosses. There are special characters that you can play and fight in the city of Metropolit, which has been taken over by large corporations after a technological revolution.
Starlink (STARL)
Starlink is a 100% community-owned decentralized Metaverse project. $STARL is the governance token of the Starl Ecosystem. You can buy, sell and trade virtual satellites, spacecraft, and lands while exploring the solar system. Starl Metaverse is a project capable of using the power of Blockchain and decentralization to expand the true vision of a new financial model.
Digital real estate has become a legitimate asset class worth considering by investors and will increase in value exponentially over time. Starl token is an investment tool to buy virtual land in Starl Station, which will mimic a real-world space station. The main components of the Starl ecosystem are the STARL, SATE NFT, Starl DAO, Metaverse, and Marketplace tokens.
Decentral (DG)
Decentral Games is a community-owned GameFi DAO (Decentralized Autonomous Organization) at the intersection of the metaverse and NFT. Players can earn $DG for participating in the game. Decentral Games develops 3D metaverse games on blockchain for both consumer and enterprise markets.
RedFOX Labs (RFOX)
RedFOX is a metaverse builder that addresses inequalities in the digital economy by building interoperable metaverse experiences that focus on retail, media, games, and rewards. RedFOX Labs describes itself as the ‘first blockchain venture builder in Southeast Asia’. This project aims to create innovative and scalable blockchain solutions by building, launching and scaling high-growth technology companies in the emerging markets of Southeast Asia.
RedFOX is creating value using new technological advancements, such as artificial intelligence (AI), blockchain, augmented reality (AR), virtual reality (VR) and the Internet of Things (IoT). RedFOX’s ecosystem consists of several important elements – RFOX, VFOX, DeFi, RFOX Games, NFT Platform, cyberspace, RFOX media, an e-commerce online cashback application.
Start Atlas (ATLAS)
Star Atlas is a massively multiplayer online game in a virtual metaverse space. It is being built on the Unreal Engine 5, allowing the game to have a cinema-quality, real-time environment.
Conclusion
The universe is a very vast and infinite space and only the metaverse is beyond that. In terms of market size, this technology trend is described as a blue ocean, and the Metaverse is described as a multidimensional and mysterious world. The only question is which project will do more than what they say and give users the most experience and economic efficiency, we will have to wait to see the results in the near future.
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Disclaimer: This article is for informational purposes only, not investment advice. Investor should research carefully before making decision. We are not responsible for your investment decision
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