According to a recent analysis by McKinsey & Company, the metaverse market might be worth an astounding $5 trillion by 2030. Exciting new metaverse platforms that appear in the upcoming years—many of which are already making their impact on the industry—will probably fuel much of the development in this area.
Additionally, Metaverse platforms nowadays demonstrate how Metaverse can fundamentally alter the way internet services and products will be provided in the future.
Sounds interesting, right?
Let’s deep dive into the Metaverse and find out the 8 best Metaverse platforms that you can try out in 2022. But…
First Things First, What is The Metaverse?
Metaverse platforms are primarily web-based tools that help programmers create new virtual worlds utilizing augmented reality (AR), virtual reality (VR), and a number of other technologies.
Simply put, metaverse platforms are links that connect the physical world with the virtual world.
The Hype About Metaverse
The world of cryptocurrencies is exploding with Metaverse. If you have any investments in cryptocurrencies, you should spend some time learning about Metaverse platforms — a new method of accessing the internet that is similar to the current internet, only better.
As a space where virtual reality and the real world converge, Metaverse Platforms are what we anticipate the internet to become. As a result, you will be able to view the physical world in relation to the digital one.
But which are the best Metaverse platforms? What are their features? Let’s answer these questions in the next section!
Best Metaverse Platforms of 2023
The increased focus on the possibilities of the Metaverse in 2022 has fueled the quest for Metaverse platforms. Large IT firms like Microsoft, Facebook, and NVidia are developing their own Metaverse services.
If you are interested in Metaverse, here are the best Metaverse platforms that you can try in 2022:
- The Sandbox
- Axie Infinity
- Bit Country
- Star Atlas
We will now take a closer look at each of the best Metaverse platforms in 2022:
Decentraland is a virtual social world that focuses on enabling collaboration and social interaction. The platform enables users to buy, trade, or rent virtual land, develop buildings and take part in games within the metaverse using decentralized autonomous organizations (DAO).
Decentraland, one of the biggest Metaverse platforms, has unique opportunities for both learning and enjoyment of virtual encounters. It also organizes international conferences to make the benefits of the Metaverse accessible to everyone. The Buffalo Metaverse Tour, the Australian Open Metaverse, Drop, and numerous more elite Decentraland events are just a few examples.
Recently during the AsiaVerse art festival, Decentraland presented NFT projects from all throughout Asia, including Japan, the Philippines, and Indonesia.
The Sandbox is without a doubt one of the most important additions to the best Metaverse platforms in terms of popularity.
The core of Sandbox is the Ethereum blockchain which is renowned for its reliability and safety. But using it isn't exactly inexpensive.
Sandbox is essentially an Ethereum-based pixelated Metaverse. Here, users can own a piece of land (represented by LAND) in the form of NFTs. And if the owners want, they can even use that land to populate them, build customized games as well as monetize them. This entire setting is a part of the public Ethereum blockchain (ERC-721).
It is, thus, a well-known Metaverse platform that gives you the flexibility to show off your originality. The Metaverse platform provides tools for building and customizing virtual plots of land as well as hosting events and exhibitions.
Launched in 2018, Zepeto is not your regular VR environment. Through the use of an app, you can easily turn a selfie into a 3D avatar of yourself. Users consequently receive a unique avatar. Additionally, the software allows users to communicate with other avatars in virtual worlds, play games, and capture images.
The platform mostly features K-pop and artists like BLACKPINK and Selena Gomez and fashion-related avatars featuring Nike and Gucci.
Zepeto is quickly becoming one of the best metaverse platforms in Asia but is also gaining traction in the United States.
- Axie Infinity
Axie Infinity first appeared on the internet as a blockchain game. Owing to the game's inherent design, it is currently a popular Metaverse platform.
Axie Infinity Match utilizes the Ethereum blockchain and the side chain Ronin to minimize transaction fees and delays.
The homeland of the Axie, Lunacia, consists of 90,601 land parcels. Axies are virtual creatures that players may collect, breed, develop, and combat. They utilize the Land for their occupancy and as an operational center and are allowed to trade these Land plots, which are represented by NFTs.
The setting resembles any online multiplayer game where experienced players declare war on new players while newbies execute chores to acquire experience.
- Bit Country
Bit Country aims to let users with minimum or no technical experience build their own metaverse. You can be a part of as many metaverses you want on Bit Country. Additionally, you can also mint digital artworks like NFTs.
The platform offers several options for users to socialize and interact. Bit.Country aims to offer solutions for commerce and communication, thus taking your community engagement to the next level on Web 3.0.
The next one on our list of the best Metaverse platforms is Bloktopia. It is a Metaverse platform that allows owners of block-tokens access to blocks of virtual real estate.
In essence, Bloktopia offers a strange virtual world that is housed inside a 21-story building and in which we may communicate with other users of this Metaverse blockchain while having our own area. The network Polygon was chosen by the project's creators to be used for the project's development, and since its debut, it has grown to become one of the Metaverse platforms that has garnered the greatest worldwide interest.
Bloktopia is among the best Metaverse platforms for you if you want to produce content and earn money in this Metaverse while also maintaining its lighthearted gaming element.
Also Check Out: How to Buy a Land in the Metaverse?
- Star Atlas
Star Atlas, a space-theme game, has recently gained significant recognition as one of the top Metaverse platforms. This innovative game was produced by combining blockchain, real-time imaging, multiplayer video games, and decentralized financial technologies.
Most importantly, the Metaverse platform brings Solana blockchain's edge for quicker transactions. Using POLIS, a Solana-based in-game currency system, you may purchase digital assets such as ships, personnel, land, and equipment within the game. Moreover, POLIS token owners are able to cast their votes using their tokens.
Another game based on the Ethereum blockchain system is CryptoVoxels.
As they enable users to build new experiences or products on their land, Cryptovoxels are vital in advancing the idea of true and legitimate digital assets. In the Cryptovoxels realm, users have limitless options to create new assets. The Ethereum-based Cryptovoxels token can also be used to create, sell, and rent out the land.
Blockchain technology will go into the new limelight in the coming years. Metaverse platforms are the most valid proof we have of it.
It is a wise decision to invest in Metaverse platforms since it will improve the performance of your portfolio, diversify your holdings, and give you secure, long-term rewards. With the groundbreaking blockchain technology of the Metaverse platform, you can reduce risk and increase your chances of making money.
But just like any other financial advice: make sure you do your own research before investing!
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