Metaverse is the raving scope in the crypto world, although it is yet to achieve its full potential. Big tech and blockchain companies are betting on the promise of this new paradigm while most people are still trying to figure out exactly what the metaverse is.
The Otherside Metaverse, a gamified metaverse in which users can turn their NFTs into playable characters, is the most recent project launched by blockchain technology company Yuga Labs. To date, the Bored Ape Yacht Club NFT community’s much-awaited initiative has generated over $300 million in initial mint sales and an additional $300 million in resales on OpenSea.
In the game industry, the Metaverse is a virtual world built on blockchain technology. While playing, players can earn money and build important cross-border relationships. Our vision for the internet is a place where virtual reality and the real world collide.
Top Metaverse Gaming Platforms
The best Metaverse games can range from official Meta experiences to the most popular dominant ones. Metaverse-based games have their realm, avatars, and other features. In these kinds of games, players can trade NFTs with each other.
1. The Sandbox
As a multiplayer game for mobile phones and Microsoft Windows systems, this top Metaverse platform was launched in 2012. For the Metaverse, Sandbox was developed by PIXOWL Inc., which was acquired by Animoca Brands in 2018.
Like Decentraland, Sandbox is a virtual world where users can create games, attend events, travel virtual landscapes using maps, and purchase land. Also available is SAND, the company’s cryptocurrency token.
Sandbox has become a popular destination for investors and brands alike. Virtual reality store Gucci has just launched on the Metaverse platform where customers can buy, own, and display their Gucci digital purchases. Components from popular video games like Assassins Creed and Prince of Persia have also been integrated into the Metaverse.
Virtual land plots can be traded and sold in Sandbox, a blockchain-based virtual reality platform. The Ethereum blockchain is used to construct Sandbox. Safety and stability have made it a popular choice. However, it is not cheap to use. The SandBox Ethereum-based coin SAND has been developed to make this possible. SAND tokens can be used to pay for network gas expenses on the Ethereum network.
Pros Of The Sandbox
- The Sandbox reimagines the Ethereum blockchain as a platform for building an entire gaming universe.
- Tokens are representations of the rights granted to gamers to participate in the game.
- Customers can easily buy, sell, and trade a wide range of goods and services thanks to Sandbox’s decentralized protocol.
Cons Of The Sandbox
- The SAND token is severely constrained in terms of available resources. This token is not a cryptocurrency or a digital asset in the truest sense of the word.
- Holders of SAND tokens can only use and create games with the available rights and platform opportunities.
- Only seven months after its release, the Sandbox project is still in its infancy, and its full implementation is not expected until 2023.
2. Axie Infinity
Axie Infinity, a play-to-earn game was released in 2018 and has quickly become one of the Metaverse’s most popular. It is based on the same NFT engine as Pokemon, and it allows you to collect creatures called Axie, which can be used in battle, construction, and even treasure hunting.
It is impossible to generalize about Axie because each one is unique. Players can use their Axies to take on other players and earn NFTs in the process. To gain rewards, the Axies can either go treasure hunting or fight other Axies. Using the platform’s resources, you can buy land and erect houses for your Axies to live in.
The virtual pets and other items in this game have value thanks to NFTs which are digital certificates of ownership governed by blockchain technology. Players can also earn tokens by lending three of their Axies to scholars or other individuals.
If you don’t have Axie Infinity Shards (AXS), you can’t play the game. In the meantime, players can earn smooth love potions or SLP tokens by defeating opponents and completing quests in-game. Two tokens are required to breed Axies: aXS and SLP, respectively.
Pros of Axie Infinity
- NFTs are given out as a form of compensation to players.
- Experiential knowledge.
- Interaction and exchange between participants.
Cons of Axie Infinity
- Addiction and time consumption can be a problem.
- The games can be difficult for players to master.
A pioneer in releasing a working Metaverse proof-of-concept, Decentraland has maintained its position as a market leader. Founded in 2017, the company has recently seen a surge in popularity thanks to its Metaverse platform, which was released in 2020.
Investing in digital assets such as NFTs, virtual reality real estate (VR real estate), and other digital assets is how users make money in Decentraland’s VR space. There is no central authority on the platform, and the platform’s cryptocurrency, MANA, powers it.
Blockchain technology is used to create a virtual social environment in Decentraland. Decentraland revolves around the blockchain, a decentralized ledger that records all bitcoin transactions across a distributed network of computers.
Decentraland can be used for a variety of purposes, including hosting conferences, playing games, and exchanging virtual goods. You don’t even have to leave your house to connect with other members of the community. Participants in the Decentraland network can attend live events, play games, trade goods, and services in marketplaces, and socialize with people from around the world.
Pros Of Decentraland
- Community governance is supported by the Security Advisory Board.
- LAND can be sold for MANA through the sale of NFTs at auction.
- The protocol is constantly being updated to include new features.
Cons Of Decentraland
- There is a dearth of interesting material.
- The risk of cyberattacks resulting in exploitation.
Games like Illuvium, an upcoming “real triple-A, 3D blockchain,” are being talked about in the gaming industry. Searching for deity-like beings known as illuvials in this extraterrestrial world is your primary goal in this game.
Players and monsters alike can then benefit from these creatures’ assistance in combat. With each increase in strength and rarity, Illuvial NFTs rise in value. Three illuvials can be combined or merged into one new creature if they have reached their maximum level in the fight.
Players in Illuvium build their ideal monster team before taking on other players in the game. The game’s currency, $ILV, can be earned in a variety of ways by players. Players may be able to make money by selling these while they are still playing and making money.
There are over a hundred Illuvials to be caught, each with their own set of classes and skills. According to the game’s official website, Illuvim will be a vibrant game full of beauty and variety.
In essence, it is a football-themed NFT game built on top of the Ethereum blockchain. Almost 180 football clubs have officially registered on Sorare, and new clubs are joining every week.
Players could build fantasy teams and buy cards on Sorare. Cardholders may win points based on the performance of the players depicted on the cards. Team leaders would be awarded new cards every week in recognition of their achievements.
One of the top metaverse games to receive a nearly $680 million Serie B investment is Sorare. Ubisoft, a well-known game development studio, has designed a game using the NFTs created on the Sorare platform. This is an intriguing bit of Sorare news.
Online metaverse games like Sorare are known for their ease of use. Free registration and immediate access to the game are both possible for anyone with access to an email address Debit and credit cards, as well as bank transfers, can be used to purchase Sorare NFT cards. In addition, Sorare NFT cards could be purchased in over 40 different countries around the world.
The Metaverse seamlessly integrates gaming, virtual reality, live streaming, cryptocurrencies, and social networking as users move through an ecosystem of competing products.
Although this isn’t a comprehensive list of all metaverse gaming platforms out there, we’ve included some of the most popular ones. The platforms listed and discussed in this article are solely those of the authors.